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Prices

Prices
2014, October, 12, 20:20:00

OPEC: OIL PRICE MOVEMENTS

The OPEC Reference Basket fell $4.77 to stand at $95.98/b in September, as sluggish demand and ample supply continue to weight on the oil market.

Prices
2014, October, 12, 20:15:00

OIL PRICE DROP HURTS OPEC

The continuing slump in global oil prices is punching holes in the budgets of oil-producing countries, including some OPEC members such as Iraq and Libya that are struggling with severe political and security problems.

Prices
2014, October, 12, 20:10:00

RUSSIANS KEEP CALM

With the rouble down 18 percent against the dollar this year and sanctions chipping away at economic ties with the West, ordinary Russians might be forgiven for rushing to put their money in a nice, "safe" foreign currency.

Prices
2014, October, 11, 20:50:00

OIL: STABLE REDUCTION

Crude oil prices stabilised Friday after dropping significantly this week.

Prices
2014, October, 11, 19:40:00

U.S. HAS GONE BUST

The share-price boom at U.S. energy firms has gone bust, due to slumping global growth and tumbling crude prices.

Prices
2014, October, 11, 19:35:00

OIL MAJORS RAN: $55 BLN

This year's fall in energy prices is hastening the decline of big oil, as the seven Western majors sell-off assets, cut investment, return money to shareholders and shrink in size, leaving ever more output to small producers and state firms.

Prices
2014, October, 11, 19:30:00

OIL PRICES DOWN

West Texas Intermediate extended its slump into a bear market amid speculation that rising global oil supplies will be more than enough to meet slowing demand. London’s Brent traded at the lowest price since December 2010.

Prices
2014, October, 11, 19:15:00

ASIA REDUCES SUBSIDIES

Consumers in many Asian countries are missing out on the benefits of a global slide in oil prices and instead paying more at the pump as governments cut down on expensive energy subsidies.

Prices
2014, October, 9, 20:35:00

EIA: BRENT OIL: $102/BBL IN 2015

EIA projects average U.S. household expenditures for natural gas, heating oil, electricity, and propane will decrease this winter heating season (October 1 through March 31) compared with last winter, which was 11% colder than the previous 10-year average nationally.

Prices
2014, October, 8, 21:10:00

EU WILL LOSE

Cheap natural gas has delivered a significant boost to US manufacturing exports, the International Monetary Fund has found.

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OIL (928)
GAS (715)
RUSSIA (454)
GAZPROM (201)
ROSNEFT (165)
U.S. (163)
CHINA (155)
PRICES (116)
LNG (106)
OPEC (103)