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Month: May 2016

Category:
  • Prices

Dollar rises as world stock markets hold steady

Employees of Tokyo Stock Exchange work at the bourse after the New Year opening ceremony at the Tokyo Stock Exchange (TSE), held to wish for the success of Japan’s stock Continue Reading

Posted On : 27 May 2016 Published By : Tom Whipple
Category:
  • Prices

Oil at $50: Where Are Crude Prices Headed Next?

A pump-jack near Guthrie, Okla., in September 2015. HONG KONG—While oil’s rise above $50 a barrel for the first time in seven months is a landmark for the market, analysts Continue Reading

Posted On : 27 May 2016 Published By : Tom Whipple
Category:
  • Prices

Brent Crude Rises Above $50 a Barrel

The price of Brent crude rose above $50 a barrel on Thursday, as declines in U.S. crude stocks boosted the price of a commodity that is suffering from a two-year Continue Reading

Posted On : 27 May 2016 Published By : Tom Whipple
Category:
  • Prices

Natural Gas Falls as Heavy Stockpiles Weigh on Market

Natural-gas prices fell to a one-month low as a glut leftover from winter continued to grow more quickly than expected. The U.S. Energy Information Administration said natural-gas stockpiles grew by Continue Reading

Posted On : 27 May 2016 Published By : Tom Whipple
Category:
  • OPEC

Cartel or talking shop? OPEC awaits Saudi ruling

For those seeking guidance on Saudi Arabia’s thinking regarding the future of OPEC, the last few weeks’ agenda of the new Saudi energy minister, Khalid al-Falih, might offer a few Continue Reading

Posted On : 27 May 2016 Published By : Tom Whipple
Category:
  • OPEC
  • Saudi Arabia

Battle Inside OPEC Eases as Saudi Oil Strategy Finally Pays Off

Saudi Arabia has been fighting with fellow OPEC members since the oil rout started two years ago. For the first time next week, it can argue convincingly that its strategy Continue Reading

Posted On : 27 May 2016 Published By : Tom Whipple
Category:
  • Libya

‘Rebel’ general nears capital, Libyan oil fate up in the air

The Libyan National Army (LNA), led by a rogue general coming from the country’s east, is reportedly marching towards the capital, Tripoli, with an eye to ‘liberating’ it from the Continue Reading

Posted On : 27 May 2016 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Aramco boosting market share as it prepares for listing: CEO

Saudi oil giant Aramco is gaining market share and pushing for greater efficiency, chief executive Amin Nasser said in an interview, as it acts as a “bridge” to a future Continue Reading

Posted On : 27 May 2016 Published By : Tom Whipple
Category:
  • Saudi Arabia

Saudi Aramco Boosts Oil Output to Record in Fight for Market

Saudi Arabian Oil Co., the world’s largest crude exporter, increased production to an all-time high last year while keeping its reserves unchanged as the kingdom battles for market share. Saudi Continue Reading

Posted On : 27 May 2016 Published By : Tom Whipple
Category:
  • Libya

Migrant crisis: UK set to send Royal Navy warship to Libya

Image caption David Cameron said Britain was ready to take an “active role” in helping Libya The UK is set to send a Royal Navy warship to the Mediterranean to Continue Reading

Posted On : 27 May 2016 Published By : Tom Whipple

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