The European Central Bank is expected to extend its generous bond buying scheme and keep its principal interest rate, for refinancing operations, unchanged at zero percent as efforts continue to boost.. Source: euronews (in English) -
Dec.08 -- Alexandre De Juniac, director general and chief executive officer at IATA, discusses his outlook for 2017 airline profits following a record year in 2016 and looks at the impact of higher oil.. Source: Bloomberg Global Business -
Russia has sold a share of oil giant Rosneft for 10.5 billion euros. Between them commodities trader Glencore and Qatar’s sovereign wealth fund now have a 19.5% stake.
The surprise deal is said to.. Source: euronews (in English) -
Crude oil prices were lower Wednesday despite a drawback in U.S. commercial crude inventories. U.S. benchmark West Texas Intermediate crude for January delivery was down to $50 a barrel, while global.. Source: The Street -
GENEVA (AP) " The world's leading association of airlines is lowering its projection for record industry net profit this year, while predicting a 16 percent drop next year due to rising oil prices.The.. New Zealand Herald Also reported by •Seattle Times •FOXNews.com
There’s seemingly no stopping the equity side of the “Trumpflation” trade in what may be developing into an epic year end blow-off top. The euphoria which took the S&P 500, Russell 2000 and the.. Zero Hedge
(Reuters) - OPEC's landmark oil-production deal may prove effective in running down global inventories, but analysts hold little hope for much of a rise in prices, a Reuters poll showed on Thursday. Reuters
VIENNA (dpa-AFX) - U.K. shares gave up opening gains on Thursday as oil prices held steady around $50 a barrel on doubts over OPEC's implementation of an output cut and investors adopted a cautiou... FinanzNachrichten.de Also reported by •RTTNews
The Bank of England’s latest stress tests of the UK banking system attracted many column inches of space in the newspapers last week. The aim was to calculate whether these institutions would have.. City A.M.
The outcome of the Vienna meeting came as a pleasant surprise to oil markets.
A deal had been hammered out and, despite the resistance, OPEC and Non-OPEC producers had agreed to cut a total of.. City A.M.
SINGAPORE, Dec. 8, 2016 /PRNewswire/ -- More than two-thirds (70 per cent) of maritime leaders in Asia now believe the persistent volatility in oil prices represents a structural rather than cyclical.. PR Newswire Asia
SEOUL/SINGAPORE (Reuters) - Oil prices erased early gains to trade almost flat in Asian session on Thursday on mixed U.S. crude stocks data and doubts over OPEC's implementation of an output cut,.. Reuters Also reported by •Sify
In EIA’s December Short-Term Energy Outlook (STEO), both the West Texas Intermediate (WTI) and Brent crude oil 2017 price forecasts increased by about one dollar per barrel (b) from the November.. Eurasia Review
Houston (UPI) Dec 7, 2016
With oil prices recovering from yearly lows, oilfield services company Baker Hughes said there was an increase in U.S. exploration and production activity. Baker Hughes.. Energy Daily