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Inquirer.netOil slips after weak Chinese trade dataBDliveSINGAPORE — Oil prices fell on Tuesday on weak Chinese trading data, but Brent remained at more than $40 a barrel after jumping to 2016 highs the previous day as producers announced talks to support
Admin 08.03.2016 0 89

QuartzWhy Nigeria is breaking up its beleagured national oil companyQuartzNigeria's national oil company, the Nigerian National Petroleum Corporation (NNPC), is about to go through a major shake-up. Ibe Kachikwu, NNPC's reformist boss, says it will
Admin 08.03.2016 0 79

BBC NewsAsian markets sag despite oil rallyBBC NewsSeveral markets across Asia were down in early trade on Tuesday, despite an oil price rise overnight and a positive lead from Wall Street. Brent crude rose above $40 a barrel for the first time this year.
Admin 08.03.2016 0 77

CNBCPisani: Are the iron ore and oil rallies for real?CNBCThe rise in two key commodities — oil and iron ore — has profound implications for the stocks of the companies in those universes. This has obvious implications for earnings, particularly for energy
Admin 08.03.2016 0 81

CNBCToday's weakness: Why we need oil stabilization at $30CNBCYou knew it was going to happen. Today (Tuesday) is the first day since the Feb. 11 bottom where markets have exhibited weakness though it's still modest by the declines earlier in the y
Admin 24.02.2016 0 76

MarketWatchOil gives up big price gains after Saudi comments, rise in inventoriesMarketWatchThe Saudi official's comments come after the world's top oil producer reached a tentative agreement with Russia earlier this week to freeze production at cu
Admin 19.02.2016 0 64

CNBCThe good and bad news about oil stock buyingCNBCRecently, there have been signs of buying interest in oil stocks after it had been common wisdom that oil stocks would have a hard time accessing the capital markets in 2016. That has been proven wrong. I
Admin 19.02.2016 0 68

MarketWatchAsian markets take wait-and-see attitude toward oil freezeMarketWatchBrent crude oil prices reached as high as $35.55 a barrel before retreating overnight. The tepid performance in Asia follows a rally in U.S. stocks on Tuesday when they reopene
Admin 17.02.2016 0 65

CNBCStocks rally despite weak oil: What's up?CNBCFirst, a vague comment from the UAE oil minister that there were efforts underway on a possible production cut, and Deutsche Bank saying they would be buying back some of their debt. Since then, everythi
Admin 17.02.2016 0 56

CNBCOil hovers near $40, but bulls insist recovery nearCNBCOil is again hovering just above the psychologically important $40 level. Problem is, no one seems to think anything is going to come out of this meeting. The Saudis are still calling the shots—the
Admin 02.12.2015 0 52