OPEC predicts stronger demand for crude next year
September 17, 2015
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OPEC predicts stronger demand for crude next year

Analysts at Raymond James anticipate U.S. production from May of 2015 through the end of…

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Gold rises after unexpected US CPI drop
September 16, 2015
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Business

Gold rises after unexpected US CPI drop

At the closing bell on Wednesday, the Dow Jones Industrial Average stood at 16,736.76, up…

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U.S. Oil Production Braces for Sharpest Drop in 24 Years
September 16, 2015
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U.S. Oil Production Braces for Sharpest Drop in 24 Years

OPEC forecast that while non-OPEC supply would grow by 88,000 barrels a day in 2015,…

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Hong Kong shares rise 2 pct on mainland China market surge
September 16, 2015
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World

Hong Kong shares rise 2 pct on mainland China market surge

Chinese language shares received the week off to a downbeat begin after the disappointing knowledge…

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Non-Opec oil output set for biggest fall since 1992 says IEA
September 15, 2015
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Non-Opec oil output set for biggest fall since 1992 says IEA

Shale oil production in the USA will drop by 385,000 barrels a day next year…

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USA jobless rate drops sharply
September 14, 2015
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Business

USA jobless rate drops sharply

In August, construction payrolls rose 3,000 on top of the 7,000 jobs added in July.

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Market News: Marvell Technology, Kroger, Vital Therapies
September 13, 2015
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Business

Market News: Marvell Technology, Kroger, Vital Therapies

The USA labour market recovery remains on track with a solid report indicating 173,000 new…

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Labor: New jobless claims down 6K, longest streak since 1970s
September 13, 2015
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Business

Labor: New jobless claims down 6K, longest streak since 1970s

The number of Americans filing new applications for unemployment benefits fell last week, suggesting a…

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China tightens Forex trading rules in attempt to support the Yuan
September 5, 2015
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World

China tightens Forex trading rules in attempt to support the Yuan

“It will test 6.5 a dollar by year-end”. Outstanding medium-term lending facilities stood at 490…

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Saudis, Iran at odds over OPEC price forecasts
September 3, 2015
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Business

Saudis, Iran at odds over OPEC price forecasts

Similar understandings to cooperate in the past have fallen apart, making coordinated action unlikely.

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