Price-Moving China Oil Trades Fan ConcernsWall Street JournalThe growing clout of state-backed Chinese oil traders is raising concerns over their influence on the price of crude as trade increasingly flows into markets with little regulatory oversight. Las …
Financial TimesOil weakness keeps markets unsettledFinancial TimesMonday 17.30 GMT. Global markets began the week on a volatile note as further weakness for oil prices and concerns about high-yield credit provided an uneasy backdrop ahead of an expected ri …
Wall Street JournalOil Prices Lift Off Multiyear LowsWall Street JournalOil prices erased early losses to trade near flat Monday after falling near their financial-crisis lows. Analysts say a small price bounce isn't a surprise, as traders who have bet …
Wall Street JournalUS Oil Prices Lift Off Multiyear LowsWall Street JournalOil prices erased early losses Monday after falling near their financial-crisis lows. Analysts say a small price bounce isn't a surprise, as traders who have bet on lower prices …
Oil bears hesitate to put on shorts in whipsaw marketEconomic TimesSince August, money managers have halved bets that US oil will fall, while net "longs," or bets for high prices, on NYMEX crude having risen from 116,377 on September 1 to 165,855 …
Calgary HeraldVolatile oil market bucks anxious investors to the sidelinesCalgary HeraldThe U.S. benchmark oil contract advanced 16 per cent in the report week to $45.41 a barrel on the New York Mercantile Exchange. WTI started the seven-day period at $39. …
RTNorth Sea oil industry risks collapse as energy prices fallRTThe North Sea oil industry has been hit hard as crude prices plunged more than 50 percent since last June. From January to March this year, government revenues plunged 75 percent to £168 millio …
Wall Street JournalWhy the Oil Rout Isn't OverWall Street JournalWhat jumps up will slowly come down. Some variant of Newton's law still applies in the oil market. The price of crude oil soared last month, rising nearly 30% over three days. It then …