Tag archive for ‘oil’
By subhadip On Monday, December 5th, 2016
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What’s so bad about taking sponsorship money from Big Oil?

Even if you didn’t glimpse the BP-branded sea monster that invaded the British Museum during a protest in September, and managed to avoid a naked man being slathered with oil at Tate Britain, you’re unlikely More...

By subhadip On Thursday, December 1st, 2016
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Oil prices rise further after Opec agrees output cut

Oil prices have risen further following Wednesday’s agreement by the Opec group of oil producing nations to cut output. The price of Brent crude rose 4.5% to $54.19 a barrel, its highest level this year, More...

By subhadip On Monday, March 14th, 2016
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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 Friday, March 11th, 2016
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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
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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
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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
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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
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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
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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
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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...