Decline in oil prices as the markets are overwhelmed by global growth anxiety
A sharp decline in the Global markets crude oil prices was witnessed on Friday to be as low as $30 a barrel, with China showing…
Oil
Brent records biggest discount since 2010 as oil plummets below $30
Oil exports have been a delicate issue ever since the global glut experienced, which ultimately led to the imposing of sanctions on Iran. Oil has…
Morgan Stanley analysts: ‘$20-$25 oil price scenarios are possible due to currency’
According to Morgan Stanley analysts, there is a chance that Brent oil would drop to a low of $20 per barrel if a rapid appreciation…
Boosting oil exports in Iran will depend on future demands
There have been numerous sanctions made against Iran for quite some time, and the sooner they end, the better for the country. Senior Iran officials…
The world’s crude producing countries are getting crushed by low prices
Significant budget surpluses are twisting into deficits, and generous social programs are now being replaced with austerity and cuts. Crude oil has collapsed below $37…
Oil may be the biggest risk for 2016
Oil may be the biggest risk for 2016 The major financial risk in 2016 may be the one that’s been in discussion all year round….
Shell, shaken up immensely by diminishing oil prices
Business activities and sales of all the oil companies worldwide are being highly affected due to decreasing petroleum prices and Royal Dutch Shell is the…
Oil Sees Little Change still set for highest weekly gain since 2009
The trade on Friday in the Oil market saw no significant movers with the prices remaining characteristically choppy. It alternated between continued and persistent over…