Tag: Oil
Oil Drops Below $61 On Supply Glut, Strong Dollar
24 Dec, 2014: Brent oil fell below $61 per barrel on Wednesday, weighed down by strong supply in the United States and a rising...
Oil hits five year low, emerging stocks hammered
LONDON, December 1 2014: Oil prices fell to their lowest in five years on Monday, hit by slowing factory activity in China and Europe...
Russia to seek new partners if Western oil majors leave
MOSCOW, November 22 2014:Â Moscow will seek new partners in countries that have not imposed sanctions on it if Western oil and gas companies pull...
Oil price drop could have perverse braking effect on global economy
LONDON 8 NOV 2014: A falling oil price could hamper rather than aid economic recovery as lower export revenues for energy producers will mean...
OPEC’s Badri sees little output change in 2015, says don’t panic...
LONDON, October 30 2014:Â OPEC's oil production is unlikely to change much in 2015 and there is no need to panic at the crude price...
