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Month: April 2016

Category:
  • Canada

Should Canadians Be Rooting for Lower Oil Prices?

CIBC World Markets Corp. Deputy Chief Economist Benjamin Tal suggests there’s another unfamiliar force Canadians ought to embrace: lower oil prices. For Alberta, the nation’s energy producing heartland, oil’s move Continue Reading

Posted On : 16 Apr 2016 Published By : Tom Whipple
Category:
  • USA

U.S. oil drillers cut rigs for fourth week to Nov 2009 lows: Baker Hughes

U.S. energy firms cut oil rigs for a fourth week in a row to the lowest level since November 2009, oil services company Baker Hughes Inc said Friday, as energy Continue Reading

Posted On : 16 Apr 2016 Published By : Tom Whipple
Category:
  • Electric Cars

European Transport Ministers sign Amsterdam Declaration on steps for development and harmonization of connected, autonomous driving in Europe

On 14 April, the transport ministers of all 28 EU member states signed the Amsterdam Declaration , laying down agreements on the steps necessary for the development of connected, autonomous Continue Reading

Posted On : 16 Apr 2016 Published By : Tom Whipple
Category:
  • Prices

Oil Set for Weekly Gain Before Doha Talks as IEA Sees Balance

Oil is poised for a second weekly advance before major suppliers meet in Doha to discuss an output freeze as the International Energy Agency sees a global glut almost vanishing Continue Reading

Posted On : 15 Apr 2016 Published By : Tom Whipple
Category:
  • Prices

Oil Falls Before Doha as Global Markets Brace for Weekend Risk

Oil fell for a third day before major suppliers meet in Doha to discuss an output freeze, sending bonds higher and leaving European stocks little changed, with investors wary of Continue Reading

Posted On : 15 Apr 2016 Published By : Tom Whipple
Category:
  • Prices

Oil prices extend fall with no end in sight for glut

Oil prices were pulled down in early trading on Thursday as OPEC warned of slowing demand and major exporter Russia hinted that there would only be a loose agreement with Continue Reading

Posted On : 15 Apr 2016 Published By : Tom Whipple
Category:
  • Prices

Natural Gas Slips With Stockpiles Still High

Natural gas retreated from a brief spike and ended the day by falling further as a record glut continues to weigh down prices even as it shows signs of shrinking. Continue Reading

Posted On : 15 Apr 2016 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Drop on Growing Doubts About Impact of Any Output Freeze

Oil prices flopped late in Thursday’s trading session after being largely unchanged most of the day with opinions divided about recent U.S. inventory data and this weekend’s meeting between the Continue Reading

Posted On : 15 Apr 2016 Published By : Tom Whipple
Category:
  • OPEC

Oil Freeze: Everything You Need to Know About the Doha Summit

Nations representing almost 60 percent of the world’s oil production will gather in Doha on April 17 to discuss freezing their output at January levels in an effort to stabilize Continue Reading

Posted On : 15 Apr 2016 Published By : Tom Whipple
Category:
  • Prices

After global oil freeze deal, prospects for cuts unclear and remote

Rigging equipment is pictured in a field outside of Sweetwater, Texas June 4, 2015. An oil output cut by global producers, following on from the output freeze initiative, is quite Continue Reading

Posted On : 15 Apr 2016 Published By : Tom Whipple

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