Saudi Arabia’s oil production drop provides support to crude
August 14, 2015
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Sports

Saudi Arabia’s oil production drop provides support to crude

“It will be several years before there is a viable recovery in prices … and…

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More layoffs, defaults expected as oil slides in August
August 13, 2015
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Business

More layoffs, defaults expected as oil slides in August

Oil prices remain near multi-month lows due to continuing oversupply concerns despite a larger drawdown…

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Oil futures trim gains after smaller-than-expected fall in inventory
August 12, 2015
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Business

Oil futures trim gains after smaller-than-expected fall in inventory

On the New York Mercantile Exchange, West Texas Intermediate futures were flirting with $US45 a…

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Crude oil is sliding
August 11, 2015
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Business

Crude oil is sliding

“We’d argue the consumer is more inclined to save an additional dollar (from cheaper oil)…

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Oil prices rise amid more China imports
August 11, 2015
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Business

Oil prices rise amid more China imports

“If you look back at any analysis of marginal supply and producing oil to get…

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Oil prices up ahead of US stockpiles report
August 10, 2015
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Business

Oil prices up ahead of US stockpiles report

The bank maintains its near-term target for US crude at $45 a barrel, but warns…

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Asian Oil Price Drop by 5%
August 10, 2015
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Business

Asian Oil Price Drop by 5%

Last week it dropped below the market expectations giving a push to the oil price…

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