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CNBCWhy rig cuts won't save oil: GoldmanCNBC"The decline in the U.S. rig count likely remains well short of the level required to slow U.S. shale oil production to levels consistent with a balanced global market," Goldman said in a note Tuesd
Admin 11.02.2015 0 141

CNBCIs this oil rally the real deal?CNBCU.S. oil climbed was down slightly on the day at $51.23 after trading as low as $43.58 last week, its lowest since mid-2009, during the Global Financial Crisis (GFC). Brent for March delivery rose as high as $59 a ba
Admin 04.02.2015 0 68

CNBCHas oil finally bottomed?CNBCU.S. oil climbed as high as $52.35 a barrel in Asian trade Wednesday after trading as low as $43.58 last week, its lowest since mid-2009, during the Global Financial Crisis (GFC). Brent for March delivery rose as high as $5
Admin 04.02.2015 0 80

CNBCOil: Why nobody knows how low it will goCNBCThe plunge in the price of oil over recent months has defied all but the most pessimistic analysts. At the moment, there are no shortage of forecasts to pick from as to how low it may eventually go. Goldman S
Admin 14.01.2015 0 126

Some on Wall Street see oil plunging to $40, and belowFuelFix (blog)The U.S. benchmark crude price, down more than $60 since June to below $45 yesterday, is on the way to this next threshold, said Societe Generale SA and Bank of America Corp. And Goldman S
Admin 14.01.2015 0 71

CNBCJim O'Neill: Oil prices to end 2015 higherCNBCOil has been dealt a massive blow in recent months, but Jim O'Neill, former chairman of Goldman Sachs Asset Management, predicts prices will end higher this year. Brent oil, which started the year a
Admin 08.01.2015 0 75

CNBCThere IS an end in sight to oil's rout: Jim O'NeillCNBCOil has been dealt a massive blow in recent months, but Jim O'Neill, former chairman of Goldman Sachs Asset Management, predicts prices will end higher this year. Brent oil, which start
Admin 08.01.2015 0 92

BloombergOil investors pour most money into funds in four yearsThe Globe and MailBrent crude slumped below $50 (U.S.) a barrel Wednesday, 57 per cent less than the peak of $115.71 reached in June. UBS analysts say investors should avoid oil until the “free
Admin 08.01.2015 0 148

Chicago Sun-TimesUS stocks turn higher as the price of crude oil steadiesThe Seattle TimesEncouraging economic news and a rare rise in oil prices helped give the stock market its first gain in the new year Wednesday. Major indexes started climbing from the
Admin 08.01.2015 0 100

CNBCHow low can we go? Picking the price of oilCNBCTrying to pick the bottom of oil's surprise price plunge may be tougher this time around, with analysts turning to non-traditional indicators to make predictions. "Normally, when you have a collap
Admin 07.01.2015 0 97