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Financial TimesReinvention is needed to secure the future of Big OilFinancial TimesThe big international oil companies are among the most enduring institutions of western capitalism. Royal Dutch Shell grew out of a trading business set up in 1833. ExxonMob
Admin 29.02.2016 0 108

Financial TimesOil collapse puts brake on Italy's manufacturersFinancial TimesAs a result, he says, Saudi Arabia — along with Russia, another struggling oil-producing nation — has cut purchases from his company's biomedical division, which produces
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New York TimesItaly Growers Wary of Olive Oil Fraud as New Law Is WeighedNew York Times“Much is said about promoting 'made in Italy,' but then they try to decriminalize adulterated oil,” Mr. Fazzi lamented, joining a chorus of critics, including tr
Admin 28.02.2016 0 105

CNBCChances of OPEC freeze 'very high': Nigerian min.CNBCA potential freeze among OPEC members has made him bullish when it comes to oil prices in 2016. Kachikwu expects crude prices to take a major jump by the end of the year. "I am certainly
Admin 28.02.2016 0 84

UPI.comEni, Hit by Falling Oil Prices, Reports $9.4 Billion LossNew York TimesLONDON — The Italian oil giant Eni reported on Friday a loss of 8.5 billion euros, or about $9.4 billion, in the fourth quarter of 2015, becoming the latest energy company to be
Admin 26.02.2016 0 106

CNBCMansion sales and discount dining: oil rout hits Houston's richCNBCThe unfinished home of former oil executive Kolja Rockov is seen at 12 Crestwood Drive in Houston, Texas February 18, 2016. Twenty months into the worst oil price crash since the 19
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NBCNews.comOil Falls on Oversupply, Global Economic Growth ConcernsNBCNews.comA slowing global economy also risks hurting demand for oil and keeping prices very low. Citi cut its forecast for global economic growth this year to just 2.5 percent, from a pre
Admin 25.02.2016 0 78

Financial TimesOil dive drags sharia-compliant funds downFinancial TimesThe fall in the oil price has claimed another victim. Sharia-compliant funds have suffered their worst sales in four years as the price of oil plummets and tensions in the Middle East
Admin 31.01.2016 0 73

CNBCOil may hit bottom—this just isn't it: AnalystCNBCDespite crude oil's 4 percent rally this week, one technician who saw the January swoon in stocks coming sees a long, bearish road ahead for the commodity. "We've moved from $27 to $34,
Admin 30.01.2016 0 84

CNBCOil may hit bottom-this just isn't it: AnalystCNBCDespite crude oil's 4 percent rally this week, one technician who saw the January swoon in stocks coming sees a long, bearish road ahead for the commodity. "We've moved from $27 to $34,
Admin 30.01.2016 0 73