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Business InsiderThe oil rally isn't going to end wellBusiness InsiderBut this latest rally is based on "shaky foundations" and will revert soon, according to Thomas Pugh, commodities economist at Capital Economics. We were here just a few mon
Admin 20.08.2016 0 74

CNBCDecline in banks, miners adds pressure to markets; oil slipsCNBCEuropean stocks finished Friday in the red, as a sharp decline in mining stocks and banks added pressure to the region, while investors kept an eye on oil's fluctuations and individual
Admin 20.08.2016 0 62

CNBCStocks under pressure as banks, miners tumble; oil eyedCNBCMeanwhile, oil prices rose tentatively overnight on further news suggesting OPEC and other major exporters could consider a deal. During London trading, Brent crude prices fell slightly from hi
Admin 19.08.2016 0 66

The AgeMassive oil tanker Bow Singapore runs aground off RosebudThe AgeA massive oil tanker is believed to have run aground in Port Phillip Bay, off Rosebud. The 115-metre Bow Singapore hit a sandbar while turning in a shipping channel, just west of the Ho
Admin 19.08.2016 0 67

MarketWatchOil gains drive Asian energy stocks higherMarketWatchOvernight, oil prices entered into a bull market in the U.S. as falling stockpiles and talk of a production cap by the Organization of the Petroleum Exporting Countries led to gains. It is the
Admin 19.08.2016 0 65

CNBCStocks lower amid Fed hike debate; Oil steadyCNBCEuropean stocks traded lower on Friday as investors paused for breath as oil prices came off their highs while the debate over a U.S. interest rate rise amongst policymakers raged on. The pan-European ST
Admin 19.08.2016 0 59

CNBCStocks open lower amid Fed hike debate; oil steadyCNBCMeanwhile, oil prices rose tentatively overnight on further news suggesting OPEC and other major exporters could consider a deal. During London trading, Brent crude prices fell slightly from highs o
Admin 19.08.2016 0 60

CNBCEurope to open lower; Asia shares, oil prices in focusCNBCOil prices will be in focus for markets on Friday as investors await the latest U.S. rig count data. In other news, San Francisco Federal Reserve Bank President John Williams on Thursday joined
Admin 19.08.2016 0 62