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Saudi Arabia

A pumpjack drills for oil in the Monterey Shale

What the OPEC Production Cut Will Really Mean for Oil Prices

01/12/2016(0)
Crude oil prices–and the shares of U.S. oil and gas companies–surged over 8% Wednesday as the Organization of Petroleum Exporting Countries (OPEC) agreed to cut its output by some ... Read More
Brent Crude Oil

Oil prices edge up ahead of OPEC meeting

30/11/2016(0)
It’s all getting very nervy ahead of the Organisation of the Petroleum Exporting Countries‘ (Opec) meeting later today. Members of the producer cartel will be trying to get the ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices fall over doubts of planned crude output cut

28/11/2016(0)
Oil prices fell on Monday, adding to Friday’s steep losses as doubts re-emerged over the ability of major producers to agree output cuts at a planned meeting on Wednesday ... Read More
The OPEC flag and the OPEC logo are seen before a news conference in Vienn

Oil prices climb on expectation of OPEC-led output cut

21/11/2016(0)
Oil prices rose by more than 1 percent on Monday as producer cartel OPEC moved closer to an output cut to rein in oversupply that has put pressure on ... Read More
A pumpjack drills for oil in the Monterey Shale

Oil prices bounce back after week of sharp falls

07/11/2016(0)
Oil prices rose by over 1 percent on Monday, with traders citing opportunistic buying after sharp declines in the previous week that brought prices to their lowest since early ... Read More
People walk behind the logo of SoftBank Corp in Tokyo

SoftBank to invest billions of USD in global technology sector

26/10/2016(0)
SoftBank Group Corp. (“SBG”) announces that it will form a private fund (the “Fund”) for making investments in the technology sector globally, which is tentatively to be named “Softbank ... Read More
Crude oil storage tanks are seen from above at the Cushing oil hub in Cushing

Oil prices dip after strong rally, but sentiment remains confident

20/10/2016(0)
  Oil prices dipped on Thursday on profit taking after markets rallied the previous day due to a draw in U.S. stocks and an expectation of an OPEC-led cut ... Read More
oil-refinery

Russia enter India’s Oil market with a $13 billion deal

18/10/2016(0)
The $13 billion sale of India’s Essar Oil to Russia’s Rosneft and other investors, gives Russia access to the most promising and fastest growing market. The deal also challenges ... Read More
People walk behind the logo of SoftBank Corp in Tokyo

Saudi Arabia, SoftBank aim to be world’s No. 1 tech investor with $100 billion fund

14/10/2016(0)
Saudi Arabia and Japan’s SoftBank Group (9984.T) will create a technology investment fund that could grow as large as $100 billion, making it one of the world’s largest private ... Read More
Oil-prices-petrol-pump

Oil prices fall over doubts that non-OPEC producers will cut output

10/10/2016(0)
Oil prices fell on Monday over doubts that an OPEC-led plan to cut output would rein in a global oversupply that has dogged markets for over two years. Brent ... Read More
Broker Cyprus TopFX