All publications by tag «PRICES»
2015, January, 14, 21:30:00
2015: $58/BBL
December was the sixth consecutive month in which monthly average Brent prices decreased, falling $17/barrel (bbl) from November to a monthly average of $62/bbl, the lowest since May 2009. The December price decline reflects continued growth in U.S. tight oil production, strong global supply, and weakening outlooks for the global economy and oil demand growth.
2015, January, 14, 21:25:00
GLOBAL GROWTH CUTS
The World Bank on Tuesday lowered its global growth forecast for 2015 and next year due to disappointing economic prospects in the euro zone, Japan and some major emerging economies that offset the benefit of lower oil prices.
2015, January, 14, 21:15:00
2015: GLOBAL OIL SPLITS
Robust recovery in the United States, a moribund euro zone and slowing Chinese growth reflect global splits which plunging oil prices are likely to widen.
2015, January, 14, 21:10:00
CHINA: BIG OIL BUYING
The market consensus is that the China is buying more oil than they need in order to fill strategic reserves.
2015, January, 11, 15:00:00
5 OIL PRICES LESSONS
The halving of oil prices over the past six months has caught pretty much every economist by surprise and prompted a rush to explain the reasons behind this astounding drop and the consequences for the global economy .
2015, January, 11, 14:45:00
CHEAP OIL: NOT ENOUGH
Plunging oil prices are giving a bump to consumer and business spending around the world -- just not enough to increase global growth forecasts.
2015, January, 11, 14:40:00
2015: DROP E&P SPENDING
Sharp drop expected in global E&P spending in 2015
2015, January, 11, 14:30:00
ASIAN OIL BOOMERANG
Plunging oil prices have sparked a big rally in Asian government bond markets as lower fuel costs cut inflation expectations, but the rally could be built on shallow foundations as monetary policymakers remain out of step with tumbling bond yields.
2015, January, 11, 14:25:00
RUSSIAN GAS PRICES
After last year’s plunges in oil and the ruble, Russian President Vladimir Putin now has another thing to worry about: the price of natural gas.
2015, January, 11, 14:20:00
SHUT DOWN RIGS
Crude lost another 11 per cent this week amid continuing worries about a supply surplus as demand slows, with the Brent benchmark falling below $50 a barrel.