Palm oil to test resistance at 2,218 ringgitApril 7, 2015 // 2 CommentsSINGAPORE – Palm oil is expected to test a resistance at 2,218 ringgit per tonne, a break above which will lead to a [...]
The U.S. oil boom is moving to a level not seen in 45 yearsApril 6, 2015 // 1 CommentSAN FRANCISCO – U.S. oil production is on track to reach an annual all-time high by September of this year, according [...]
Oil Prices Plunge 4% After US, Iran Reach Preliminary Nuclear DealApril 6, 2015 // 0 CommentsOil prices plunged more than 4 % Thursday after the U.S. and other world powers announced a preliminary agreement to [...]
Nuclear deal means more Iran oil – just not this yearApril 6, 2015 // 5 CommentsA framework accord to curb Iran’s nuclear program forged on Thursday could eventually allow Tehran to reclaim lost [...]
OPEC oil export revenues down 11% from 2013April 3, 2015 // 4 CommentsOPEC countries earned USUS$730 billion from oil exports in 2014, according to the Energy Information Administration. [...]
U.S. oil rig count cull eases, approaches low pointApril 3, 2015 // 2 CommentsTwo weeks of thin declines in the U.S. rig count have raised expectations that drilling activity is nearing a pivotal level [...]
Oil may strengthen, then fall on Iran deal: GartmanApril 3, 2015 // 3 CommentsThere may actually be strength in the oil market before the final deal with Iran is reached, investor Dennis Gartman told [...]
KLCI closes slightly lower but small oil, gas stocks advanceApril 3, 2015 // 4 CommentsKUALA LUMPUR – The FBM KLCI closed slightly lower on Thursday, tracking the cautious key Asian markets after the weak [...]
Latin America divided between oil and green energyApril 3, 2015 // 1 CommentLatin America spends billions of dollars subsidizing fossil fuels each year, but also has some of the world’s largest [...]
TransCanada scraps Quebec oil port, delays Energy East pipelineApril 3, 2015 // 6 CommentsTransCanada Corp , the company behind the controversial Keystone XL pipeline, is scrapping plans for a Quebec oil-export [...]