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ReutersOil prices fall as hopes for a deal in Algiers fadeReutersLONDON Crude oil futures fell on Tuesday as optimism faded for an output-limiting deal from an oil producer meeting in Algeria to curb one of the worst supply gluts in history. Saudi Arabia d
Admin 27.09.2016 0 78

ReutersOil prices slip as hopes for a deal in Algiers fadeReutersSaudi Arabia on Tuesday dashed hopes that OPEC oil producers could clinch a deal in Algeria this week as sources within the exporter group said the differences between the kingdom and rival I
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ReutersOil prices slip on profit-taking as investors await US stockpile dataReutersThe dollar was also weighing on oil prices after rising against a basket of currencies, suggesting markets were judging Democrat Hillary Clinton as the winner in the first U
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New York TimesDecline in Oil Prices Lands on Government Workers as Saudi Arabia Cuts PaychecksNew York TimesCredit Stephen Crowley/The New York Times. RIYADH, Saudi Arabia — Saudi Arabia on Monday announced sudden, drastic cuts to salaries and perks for go
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ReutersOil prices slip on profit-taking as investors eye US stockpile dataReutersMajor oil producers are gathering in Algeria for a three-day meeting that could see moves to cut or freeze oil output in an effort to support oil prices. The Organization of t
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Deutsche WelleNigerian gunmen kidnap 15 oil workersDeutsche WellePolice said the 15 oil workers were kidnapped in Nigeria's southern Niger Delta region on Friday. A police spokesman, Deputy Superintendent Nnamdi Omoni, said all those abducted were Nige
Admin 04.09.2016 0 68

BloombergOil Producers Need `Sustained Price Signal' Before Output BoostBloombergOil has surged back from its 12-year low earlier this year, offering a flicker of hope to producers that slashed spending and shutter high-cost fields. The International E
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Financial TimesUS banks spell out toll of low oil pricesFinancial TimesThree of America's biggest banks have each taken $500m hits on their energy portfolios and warned of more pain to come, as they spelt out the damage inflicted by lower oil prices. W
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CNBCEurope ends slightly up; oil, earnings eyed; BoE holds ratesCNBCEuropean stocks finished the session slightly higher on Thursday, as investors remained cautious on the price of oil, amid another set of mixed earnings from leading businesses. The pan-Eu
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Business InsiderThe oil crash is hammering Warren Buffett's favorite bankBusiness InsiderMike Loughlin, Wells' chief risk officer, said in the company's release that, "While substantially all of the loan portfolio continues to perform well
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