Saxo Bank: Crazy week in oil and gas
The Bloomberg Commodity Index, which tracks a basket of major commodities within the three major sectors of energy, metals and…
Growing results for OMV Petrom at nine months – analysts
OMV Petrom (SNP) will report improved financial results for the first nine months of the year, analysts say, as oil…
Lukoil’s profit is up 75% on the back of rising oil prices
Lukoil, Russia’s second-largest oil producer, says net profit grew 75% in the first quarter, amid world oil prices increase, according…
Dow Jones closed down almost 1,200 points; Asia was also in red today
The Dow Jones industrial average dropped 1,175 points on Monday, it’s largest point-drop in history, and its worst day in…
Oil hits $71 for first time since 2014 on tighter supply and weak dollar
Oil hit $71 a barrel on Thursday for the first time since 2014, supported by OPEC-led supply curbs, a record-breaking…
Oil prices up important levels: Brent crude, above $70 a barrel, WTI crude breaks $64 a barrel
On Thursday, Brent crude oil futures broke through $70 a barrel for the first time since December 2014. Robust global…
The Oil Market’s Fall Upswing (analysis by Radu Dudău)
Radu Dudău, EPG Director Early September saw the beginning of a significant price increase for Brent, the international crude oil benchmark,…
Major oil producers look to extend limiting the oil output by another six months
A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to…
Funds prepare $2 billion oil market play as supply tightens
Passive investment funds are poised to shift an estimated $2 billion from far-term to near-term crude futures over the next…
Oil at near three-month lows as gloom grows over OPEC
Oil fell to its lowest in three months on Monday, as the prospect of another year of oversupply and weak…
The price of crude oil remains above 40 dollars/barrel after a turbulent week
The price of oil futures fell slightly, on Friday, after two days of strong growth that led the prices over…
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