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Recent News Headlines : Oil Prices
SOUTHEAST ASIAN STOCKS-RISE TRACKING WALL STREET; SINGAPORE HITS 2-1/2-YEAR HIGH
Southeast Asian Stocks-Rise tracking Wall Street Singapore hits 2-1 2-year high... READ MORE›
$20 BILLION OF UNWANTED BIG-OIL SHARES SEEK NEW OWNER
It's a big sale, but the market will be able to absorb it, said John Roe, head of multi-asset funds at Legal and General Investment Management... READ MORE›
HEY, OIL! CATCH ANY NEWS ABOUT SAUDI ARABIA THIS WEEKEND?
Unfazed Oil prices barely budged after a fractious weekend in the Middle East Source Bloomberg Note Intraday pricing in New York... READ MORE›
OIL STABLE ON TIGHTENING FUNDAMENTALS BUT CHINA SPOOKS MARKET
Brent crude futures LCOc1, the international benchmark for oil prices, were at 57.22 at 0146 GMT, virtually unchanged from their last close... READ MORE›
OIL JUMPS AS FIGHTING IN IRAQS OIL-RICH KIRKUK SHUTS OUTPUT
Brent crude futures LCOc1 gained 6 cents, or 0.1 percent, to settle at 57.88 per barrel, while U.S. crude CLc1 gained 1 cent to settle at 51.88... READ MORE›
NEW IRAN SANCTIONS COULD SEND OIL PRICES HIGHER
Should OPEC decide not to extend the cuts, oil prices could easily drop into the 30s again, according to Brown... READ MORE›
OIL JUMPS ON FEARS OF NEW IRAN SANCTIONS, IRAQ CONFLICT
Traders said that worries over renewed U.S. sanctions against Iran were pushing prices up... READ MORE›
OIL CUTS ADD TO SAUDI PAIN AS GDP CONTRACTS FOR SECOND QUARTER
The non-oil GDP, the main engine of job creation, expanded below 1 percent, driven mainly by the government sector, the data show... READ MORE›
OIL PRICES CLIMB ON TENSION OVER IRAQI KURDISTAN
Oil prices rose on Thursday, spurred by tension around northern Iraq following the Kurdistan region's vote in favor of independence in a referendum... READ MORE›
OIL DIPS ON RISING U.S. CRUDE INVENTORIES, PRODUCTION
Traders said a strengthening dollar .DXY weighed on Brent, while rising crude stocks and production in the United States pulled down WTI... READ MORE›
OIL PRICES STEADY AS TRADERS ASSESS U.S. HURRICANE IMPACT
Oil prices steady as traders assess US hurricane impact... READ MORE›
Trending News Headlines : Oil Prices
SAUDI ARABIA HIKES PETROL PRICES BY 40% AT THE PUMP
Saudi Arabia hikes petrol prices by 40 percent at the pump... READ MORE›
The only major United States antagonist not hurt by the drop in oil prices is North Korea, which imports all of its petroleum... READ MORE›
OIL AND GAS INDUSTRY IN 'BLEAK' 2014
Responding to the report, Chancellor George Osborne vowed to take further action to support the North Sea oil and gas industry... READ MORE›
OIL PRICES WILL BE MUCH MORE VOLATILE IN 2017
He added that a recent trend of declining Chinese oil production due to low prices could be reversed if the market strengthened... READ MORE›
OIL PRICES TAKE ANOTHER DIVE -- CAN THE OILPATCH TAKE IT?
- Shane Hooker, Sanjel Energy Services But Sanjel is back, albeit in much smaller form... READ MORE›
OIL PRICE FALLS AHEAD OF OPEC MEETING
The drop came as Saudi Arabia indicated it would not push for output cuts to help push up oil prices... READ MORE›
AN OIL GIANT IS STILL BURNING THROUGH ITS CASH PILE
It was meant to be a given that a rebound in oil prices would slow the depletion of Saudi Arabia's foreign-currency reserves... READ MORE›
AS OIL PLUMBS NEW DEPTHS SOMEONE SEES 80 A BARREL BY DECEMBER
Libya's Sharara oil field, which had been pumping 270,000 barrels a day, was forced to halt Wednesday because of worker protests... READ MORE›
GOOD NEWS FOR MOTORISTS AS PETROL PRICES PREDICTED TO FALL
Petrol prices may fall below the A?1 per litre mark, as world oil prices continue to tumble... READ MORE›
SAUDIS EXPECT 46% INCREASE IN OIL REVENUE THIS YEAR
Saudi Arabia saw a record 98 billion budget deficit in 2015, or 15 percent of GDP, and was struggling to cut the gap in 2016... READ MORE›
$85 OIL BY CHRISTMAS? THIS ANALYST SAYS YES
That was a way-out-of-consensus call to make a year-ago when most pundits vigorously argued non-OPEC production would still expand even with the drop in oil prices... READ MORE›
AS U.S. FACES NEW THREATS PENTAGON SEEKS BIGGER DEFENSE BUDGET
The Kremlin's response combines confidence that oil prices will rebound soon with official bravado that Russians will endure any hardship, including eating less, for the motherland... READ MORE›
GOOD FOR SHOPPERS, BAD FOR OIL PRODUCERS
Traditionally the value of the Canadian dollar moves with oil as oil prices move higher, the loonie does as well... READ MORE›
SOMEONE BOUGHT A 'RELATIVELY CHEAP LOTTERY TICKET' THAT WILL PAY OFF IF OIL HITS $100
Still, the bet is tiny put in the context of the global oil market... READ MORE›
LOW OIL PRICES WON'T HURT RENEWABLE ENERGY, SAYS US EIA
Most of America's electricity comes from coal and natural gas not oil so the cheap global oil prices would not have an immediate effect, Sieiminski said... READ MORE›
BEAR MARKET FOR OIL CAUSED BY 'FAKE NEWS,' SAYS RAYMOND JAMES
Those concerns have been overblown, the Raymond James analysts argued, saying trends pertaining to U.S. inventories, production and gasoline demand have been misinterpreted... READ MORE›
GIVE US YOUR MONEY AND STOP ASKING ABOUT OIL
Crude prices between 50 to 60 a barrel would ensure adequate global supply, officials from Saudi Arabia and Kuwait said at a conference in London on Tuesday... READ MORE›
'LOWER FOR LONGER:' OIL PRICES CRATER TO 2003 LEVELS
His expected range for oil prices was 32 a barrel to 55... READ MORE›
RUSSIA GEARS UP FOR SHARP SLUMP AS BAILED-OUT BANK GETS MORE FUNDS
On Friday, Russian authorities also significantly scaled up rescue funds for Trust Bank, saying they would provide up to 2... READ MORE›
AS OIL PRICES TANK, NEW ERA OF ABUNDANCE SEEN DAWNING
As oil prices tank new era of abundance seen dawning... READ MORE›
OIL PRICES DROP BELOW $30 AS GLOBAL MARKETS SLIDE
Wall Street also sank on Friday morning, with the Nasdaq hitting its lowest since August 24 and the Dow plunging nearly 400 points, as oil prices dived... READ MORE›
VENEZUELA RUNNING OUT OF CASH
The country's imports dropped 50 percent from a year ago, according to Venezuelan research firm Ecoanalitica... READ MORE›
OIL PRICES JUMP AFTER US MISSILE STRIKES IN SYRIA
Oil prices soared by around 1 per barrel on Friday after the United States launched dozens of cruise missiles at an airbase in Syria... READ MORE›
LATE SELLOFF PUTS STOCK INDEXES IN CORRECTION
Earlier in the day, it appeared the market math was basic Arithmetic 101 Better data from China plus higher oil prices equals higher stock prices... READ MORE›
OILSANDS GROWTH IN DOUBT AND THE FEDS ARE CONCERNED
Post-2020 investment to expand alberta's oilsands could slow or stall... READ MORE›
OILFIELD SERVICES SHAKEUP IN CARDS AFTER GE-BAKER HUGHES DEAL
Halliburton is unlikely to try another big acquisition despite being relegated to third place by Monday's deal, people familiar with the company said... READ MORE›
$10, $20, $30, $40, $50? CRUDE PRICES COULD PLUNGE MUCH FURTHER BEFORE RECOVERING
All four oil forecasters avoided declaring that oil prices have reached the bottom, although they suggest that should happen later this year... READ MORE›
U.S. OIL CEO HAMM GOES OUT ON A LIMB, SCRAPS HEDGES
U.s. oil ceo hamm goes out on a limb scraps hedges... READ MORE›
STEPHEN POLOZ SAYS CANADIANS PAY THE PRICE FOR LOW OIL AS LOONIE TUMBLED
But if continued declines in the price of oil cause inflation expectations to rise as the loonie tumbles rapidly, don't expect more interest rate cuts... READ MORE›
OPEC OUT OF MOVES AS GOLDMAN SACHS EXPECTS ANOTHER OIL GLUT IN 2018
The investment bank also warned that the markets have become overly optimistic on oil prices since the OPEC deal was announced nearly four months ago... READ MORE›