Tag archive for ‘oil’
By subhadip On Friday, March 11th, 2016
0 Comments

Oil price ‘may have bottomed out’

Lower oil output in the US will help to stabilise oil prices this year, the IEA said There is evidence that oil prices are stabilising and could even begin to rise again, the International Energy Agency (IEA) More...

By subhadip On Thursday, February 25th, 2016
0 Comments

Oil slips as oversupply, slowing growth outweigh strong gasoline demand

A pump jack is seen near sunflowers in Guthrie, Oklahoma Crude prices dipped on Thursday as strong U.S. gasoline demand failed to counter downward pressure from global overproduction that has left storage More...

By subhadip On Thursday, February 25th, 2016
0 Comments

Asian Stocks Tentative on Anxiety Over Volatile Oil

Asian shares got off to a shaky start on Thursday as investors remained cautious in the face of a fragile recovery in volatile crude oil – a source of much of the recent anxiety about the health of the global More...

By subhadip On Thursday, February 25th, 2016
0 Comments

Buy Oil Stocks, Sell ICICI Bank, BHEL: Shrikant Chouhan

Domestic stock markets have fallen sharply ahead of the presentation of the annual budget on Monday. NDTV Profit caught up with Shrikant Chouhan, technical analyst with Kotak Securities, to discuss his trading More...

By subhadip On Wednesday, February 24th, 2016
0 Comments

CANADA STOCKS-TSX tumbles to a one-week low as oil falls, bank stocks drag

(Updates prices) * TSX down 183.36 points, or 1.44 percent, to 12,580.08 * Eight of the TSX’s 10 main groups are lower TORONTO, Feb 24 (Reuters) – Canada’s main stock index tumbled to a one-week More...

By subhadip On Wednesday, February 24th, 2016
0 Comments

Why Lower Oil Prices Don’t Hurt Mexico as Much as They Used To

The tumble in global oil prices has sent Mexico’s currency to a record low and forced the nation to cut spending and raise interest rates. Yet for all the focus on crude, Latin America’s second-largest More...

By subhadip On Friday, February 19th, 2016
0 Comments

Oil down 4 pct as U.S. glut overshadows producer talks

Oil prices were down 4 percent on Friday, with Brent on track to a third straight week of losses as record high U.S. crude stockpiles intensified worries that a plan to freeze world output will do little or nothing More...

By subhadip On Friday, February 19th, 2016
0 Comments

Australian oil and gas giant Santos posts A$2.7bn loss

Australia’s struggling oil and gas giant Santos has reported a loss of A$2.7bn ($1.9bn; £1.3bn) for the 12 months to December. The figure was 189% higher than last year’s annual loss of A$935m. Revenue More...

By subhadip On Wednesday, February 17th, 2016
0 Comments

Oil, European stocks gain as volatility eases

People walk through the lobby of the London Stock Exchange in London, Britain November 30, 2015. REUTERS/SUZANNE PLUNKETT Oil and stocks steadied on Wednesday and the dollar eased, as investors looked forward More...

By subhadip On Wednesday, February 17th, 2016
0 Comments

Iran signals tough stance in oil producers’ talks

The SPQ1 gas platform is seen on the southern edge of Iran’s South Pars gas field in the Gulf, off Assalouyeh, 1,000 km (621 miles) south of Tehran, in this January 26, 2011 file photo. REUTERS/CAREN FIROUZ Iran More...