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Why Rising Oil Prices Are Good for EVs and Renewable Energy

What better reminder is there of the value of renewable energy than an eye-popping bill at the gas pump?
Motley Fool

Oil technology firm Plexus well-placed for recovery

Aberdeen-based oil and gas engineering firm Plexus Holdings tells investors it is ready to take advantage of an upturn in oil prices.
Daily Record

Videos for "Oil Prices"

News video: ECB in the spotlight as investors expect more stimulus boosts

ECB in the spotlight as investors expect more stimulus boosts 00:41

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) -

News video: Today's Undervalued and Overvalued Sectors

Today's Undervalued and Overvalued Sectors 01:29

Energy stocks look the priciest today while the communication services and healthcare sectors are attractive.
Source: Morningstar.com -

News video: IATA CEO: Soft 2017 Landing From Record 2016 Profits

IATA CEO: Soft 2017 Landing From Record 2016 Profits 03:33

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 -

News video: Russia sells share in country's largest oil company

Russia sells share in country's largest oil company 00:21

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) -

News video: Oil Prices Fall Despite U.S. Inventory Drawback

Oil Prices Fall Despite U.S. Inventory Drawback 00:55

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 -

 

Airlines project 'soft landing' in 2017 after record profits

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 TimesFOXNews.com

Global Equity Euphoria Prepares To Meet Mario Draghi

global equity euphoria prepares to meet mario draghi
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

Poll: OPEC deal will pack little punch in raising oil prices

(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

FTSE 100 Gets Off To Muted Start Ahead Of ECB Meet

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

Bank shares and stress tests: the value investor’s verdict

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 OPEC deal has only papered over widening cracks

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.

Oil Prices Under Structural Change, Say Two-thirds of Maritime Leaders: Sea Asia 2017 Survey

oil prices under structural change, say two-thirds of maritime leaders: sea asia 2017 survey
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

Oil prices shed early gains amid doubts over OPEC output cut

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

OPEC Production Cuts Reflected In EIA Forecast; HGL Production Grows Through 2017 – Analysis

opec production cuts reflected in eia forecast; hgl production grows through 2017 – analysis
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

Futures Movers: Oil prices stabilize as investors watch for China data


MarketWatch

U.S. rig count increased more than 6 percent

u.s. rig count increased more than 6 percent
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

Oil prices rise on US crude stock decline, weaker dollar

By Jane Chung and Keith Wallis
Sify Also reported by •Reuters India

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