Oil Prices Drop
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Is The Worst Over? Expert Decodes US-Iran Deal Impact On Inflation, Rupee
Aviation, logistics, chemicals, paints, tyres and cement companies are among the sectors that are likely to benefit when fuel prices decline.
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Oil Hits 26-Month Low Under $97 on Weak China Data
Brent crude oil fell below $97 per barrel on Monday to its lowest in more than two years as lacklustre economic data from China, the world's top energy consumer, cast a shadow over the outlook for oil demand at a time of abundant supply.
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As Oil Prices Fail To Recover, Expats In Saudi Reminisce Good Old Days
The drop in global oil prices by about half since 2014 left the kingdom with a huge budget deficit and billions of dollars in debt to private firms, chiefly in the construction business.
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Tumbling Oil Trades Below $30 A Barrel For First Time In 12 Years
Oil fell briefly below the widely watched $30-per-barrel level on Tuesday, extending a selloff that has sliced almost 20 per cent off prices this year amid deepening concerns about fragile Chinese demand and the absence of output restraint.
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With Crude at $50, Oil Firms Fear Deeper Crisis Than in 1980s
After slashing spending by $180 billion to deal with one of the worst industry downturns in decades, oil companies are still bleeding cash and slipping further into debt to maintain dividends to shareholders.
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Oil Prices Drop on Possible Iran Deal, Dollar
Oil prices fell on Monday as officials from Iran and six world powers discussed a possible deal over Tehran's nuclear programme that could bring an end to sanctions and allow an increase in Iranian oil exports.
-
Oil Price Drop Threatens $150 Billion in Investments
Falling oil prices combined with high production costs in the sector force oil companies to postpone or even cancel developments of oil finds in order to maintain their cash flow.
-
Oil Hits 26-Month Low Under $97 on Weak China Data
Brent crude oil fell below $97 per barrel on Monday to its lowest in more than two years as lacklustre economic data from China, the world's top energy consumer, cast a shadow over the outlook for oil demand at a time of abundant supply.
-
Oil prices drop after Hosni Mubarak's exit
Oil prices dropped on Friday after Egypt's President Hosni Mubarak handed over power to the military and left Cairo.Benchmark crude for March delivery fell 86 cents to $85.87 in midday trading on the New York Mercantile Exchange. Traders and investors have been concerned that anti-government protests in Egypt over the past 18 days could spread to o...
-
Is The Worst Over? Expert Decodes US-Iran Deal Impact On Inflation, Rupee
Aviation, logistics, chemicals, paints, tyres and cement companies are among the sectors that are likely to benefit when fuel prices decline.
-
Oil Hits 26-Month Low Under $97 on Weak China Data
Brent crude oil fell below $97 per barrel on Monday to its lowest in more than two years as lacklustre economic data from China, the world's top energy consumer, cast a shadow over the outlook for oil demand at a time of abundant supply.
-
As Oil Prices Fail To Recover, Expats In Saudi Reminisce Good Old Days
The drop in global oil prices by about half since 2014 left the kingdom with a huge budget deficit and billions of dollars in debt to private firms, chiefly in the construction business.
-
Tumbling Oil Trades Below $30 A Barrel For First Time In 12 Years
Oil fell briefly below the widely watched $30-per-barrel level on Tuesday, extending a selloff that has sliced almost 20 per cent off prices this year amid deepening concerns about fragile Chinese demand and the absence of output restraint.
-
With Crude at $50, Oil Firms Fear Deeper Crisis Than in 1980s
After slashing spending by $180 billion to deal with one of the worst industry downturns in decades, oil companies are still bleeding cash and slipping further into debt to maintain dividends to shareholders.
-
Oil Prices Drop on Possible Iran Deal, Dollar
Oil prices fell on Monday as officials from Iran and six world powers discussed a possible deal over Tehran's nuclear programme that could bring an end to sanctions and allow an increase in Iranian oil exports.
-
Oil Price Drop Threatens $150 Billion in Investments
Falling oil prices combined with high production costs in the sector force oil companies to postpone or even cancel developments of oil finds in order to maintain their cash flow.
-
Oil Hits 26-Month Low Under $97 on Weak China Data
Brent crude oil fell below $97 per barrel on Monday to its lowest in more than two years as lacklustre economic data from China, the world's top energy consumer, cast a shadow over the outlook for oil demand at a time of abundant supply.
-
Oil prices drop after Hosni Mubarak's exit
Oil prices dropped on Friday after Egypt's President Hosni Mubarak handed over power to the military and left Cairo.Benchmark crude for March delivery fell 86 cents to $85.87 in midday trading on the New York Mercantile Exchange. Traders and investors have been concerned that anti-government protests in Egypt over the past 18 days could spread to o...
