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Oil prices hold steady amid record stockpiles

Oil prices have held steady this morning as investors gauge whether an increase in US drilling rigs and record stockpiles will undermine efforts by producers to cut output and bring the market into..

Higher oil prices pushed up energy costs by 48% in past year

US producers may increase production in response to Opec’s decision to cut
Irish Times

Videos for "Oil Prices"

News video: Aberdeen's Kernohan Is Positive on European Equities

Aberdeen's Kernohan Is Positive on European Equities 04:31

Feb.20 -- Louise Kernohan, investment manager at Aberdeen Asset Management, discusses her views on European equities, her biggest oil exposures and her outlook for banking stocks. She speaks to..
Source: Bloomberg Technology -

News video: Singapore Banks Feel Oil and Gas Pain

Singapore Banks Feel Oil and Gas Pain 02:11

Feb.15 -- Bloomberg Gadfly's Christopher Langner takes a look at Singapore Banks and how they're impacted by oil and gas prices. He speaks on "Bloomberg Markets." Langner is a Bloomberg Gadfly..
Source: Bloomberg Technology -

News video: U.S. consumer prices

U.S. consumer prices 00:45

© Reuters. Customers shop at the Staples store in Manhattan, New York WASHINGTON, Aug 16 (Reuters) - - U.S. consumer prices were unchanged in July as the cost of gasoline fell for the first time in..
Source: Wochit Business -

News video: Global inflation on the march?

Global inflation on the march? 01:46

British consumer prices rose last month at the fastest pace since June 2014 and are set to rise further, propelled by higher global oil prices and the Brexit-fuelled fall in the pound. As David Pollard..
Source: Rumble -

News video: OPEC Deal Impact

OPEC Deal Impact

OPEC deal Impact
Source: KETK -


Crude palm oil futures slide 0.14% on muted demand

Crude palm oil prices were down by 0.14 per cent to Rs 558.20 per 10 kg in futures market today as participants reduced their exposure on the back of subdued demand at the spot market.

Futures Movers: Oil prices creep higher, but overshadowed by U.S. supply


Muted demand drags down mentha oil futures by 1.49%

Mentha oil prices plunged by 1.49 per cent to Rs 1,010.20 per kg in futures trade today as speculators trimmed their positions, driven by a sluggish demand from consuming industries at the spot market.

Spot demand lifts refined soya oil futures by 0.22%

Refined soya oil prices moved up by 0.22 per cent to Rs 680 per 10 kg in futures trade today as participants built up fresh positions supported by pick up in demand against restricted supplies from..

Oil prices flatline as U.S. drilling counters OPEC output cuts

TOKYO (Reuters) - Oil prices held steady on Monday as investors gauged whether an increase in U.S. drilling rigs and record stockpiles would undermine efforts by producers to cut output and bring the..
Reuters India Also reported by •Sify

Fed’s Spillovers And Periphery’s Spillbacks: New Game In Town?

On December 15, the WSJ Dollar Index of the currency’s value against 16 major trading partners hit a 14-year high. The Fed’s hike prompted the worst selloff for developing countries since Donald..
Eurasia Review

Trump’s Supply-Side Energy Policy And The Low-Carbon Transition – Analysis

trump’s supply-side energy policy and the low-carbon transition – analysis
US President Donald Trump’s ‘supply-side’ energy policy proposals imply only minor impact on the trajectory of renewable energy and the low carbon transition; however, his trade and foreign..
Eurasia Review

The chief economist of an $82 billion asset manager talks Trump, China, and his outlook for 2017

the chief economist of an $82 billion asset manager talks trump, china, and his outlook for 2017
Business Insider recently caught up with Markus Schomer, the chief economist at PineBridge Investments, to help make sense of the state of the market and to talk about his outlook for 2017. Schomer..
Business Insider

Jim Ratcliffe's Ineos reports record profits of £3.7bn for 2016

jim ratcliffe's ineos reports record profits of £3.7bn for 2016
Britain's biggest privately owned firm announced record profits last year, bolstered by low oil prices. The chemicals company run by Jim Ratcliffe reported underlying profits of 4.3bn euros..
City A.M.

"There's Something Weird Going On": Jeff Snider On The Global Dollar Shortage

there's something weird going on: jeff snider on the global dollar shortage
The first time we explained that one of the biggest risks facing a world in which the dollar is the reserve currency is a global USD shortage, was in mid-2009, when we wrote "How The Federal Reserve..
Zero Hedge

Ecuador in vote that could alter Assange's fate

*Oil-rich Ecuador votes today in general elections that could lead to fugitive Wikileaks founder Julian Assange being evicted from the countrys London embassy. Socialist presidential candidate Lenin..
Deccan Herald

Trump Left Saudi Arabia Off His Immigration Ban... Here's Why

trump left saudi arabia off his immigration ban... here's why
Submitted by Nick Giambruno via InternationalMan.com, On August 15, 1971, President Nixon killed the last remnants of the gold standard. It was one of the most significant events in US..
Zero Hedge

How United's CEO cheated death a month into the job and is now leading the company in a battle to become America's best airline (UAL)

how united's ceo cheated death a month into the job and is now leading the company in a battle to become america's best airline (ual)
Two weeks after he found himself running an airline in crisis, and two weeks before he would end up lying unconscious in a hospital bed, Oscar Munoz already had a lot on his mind. He had to clean up..
Business Insider

Edible oils decline on subdued demand, adequate stocks

Edible oil prices drifted lower at the wholesale oils and oilseeds market during the week amid muted demand from vanaspati millers and retailers.

Norway Central Banker Warns Of Massive 50% Drop In Wealth Fund Assets To Cover Budget Deficits

norway central banker warns of massive 50% drop in wealth fund assets to cover budget deficits
Back in August, we noted that, for the first time since it's creation in 1996, the Norwegian government had started raiding its sovereign wealth fund in 2016 to cover government deficits.  Then in..
Zero Hedge

Loonie would be among biggest losers from proposed U.S. border tax: strategists

Currency is already down almost 20 per cent against U.S. dollar since oil prices peaked in summer of 2014
Globe and Mail

Russia Gains Upper Hand In Asian Oil War

The Saudi-led OPEC cuts may have supported oil prices and reduced market volatility, but they have also opened the door wide to rival crude grades flowing into the most prized market for the Middle..

Eagle Ford rig count returns to the 60s amid slow but steady rebound

With stabilizing commodity prices, the rig count in the Eagle Ford Shale has returned to the 60s amid a slow but steady rebound in the oil and gas industry. Figures released Friday afternoon from the..

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