• Fear of rapidly rising oil prices

    Fear of rapidly rising oil prices

    June 12, 2018 13:15 Hot Recent News

    The oil sector represents the largest decrease in production capacity in thirty years. The buffer held by Opec countries is threatening to drop to 2% due to high demand, the bottom since 1984. In conflicts or production constraints, there is not much of a price increase.

  • Oil prices are getting cheaper

    Oil prices are getting cheaper

    May 28, 2018 07:09 Hot Recent News

    The price of crude oil dropped further on Monday after the loss by more than 3% Friday. Russia and Saudi Arabia are increasing their production, while American producers are also expanding their shale exports.

  • 'Chinese oil price perfectly timed'

    'Chinese oil price perfectly timed'

    amsterdam March 26, 2018 17:39 Hot Recent News

    The first future in yuan for crude oil, which put China on the market as an alternative to the image-determining Brent and WTI futures contracts on Monday, does not threaten it, but it mainly highlights the rapid opening up of the market for foreign companies. 'The timing is perfect,' says economist Hans van Cleef (ABN Amro), referring to the trade dispute between the US and China.

  • 'Oil has become too expensive'

    'Oil has become too expensive'

    January 18, 2018 16:12 Hot Recent News

    The prices of Brent and WTI oil are rising this year, oil cartel OPEC is screwing production back hoping for higher tariffs. But the futures prices are far too high, according to analyst Nitesh Shah, raw materials specialist at ETF Securities.

  • Oil price goes down

    December 4, 2017 21:45 Hot Recent News

    The price of crude oil has fallen sharply on Monday evening due to the fear that producers of cheap shale from the United States will return to the market.

  • Legend oil disappears from North Sea

    Legend oil disappears from North Sea

    December 30, 2016 12:15 Hot Recent News

    After forty years of service is dismantled a giant European oil history next year. Drilling platform Brent Delta Royal Dutch Shell, 500 kilometers off the Scottish coast and situated 24,000 tons, is the first of a generation that disappears.

  • Pokémonjagers let toddler home alone

    Pokémonjagers let toddler home alone

    August 2, 2016 09:54 Hot Recent News

    A man and a woman from Arizona have left alone at home their children so they could play in the district Pokemon Go. The toddler was only one and a half hours without water in temperatures above 35 degrees. They are charged with neglect, the Pinal County Sheriff's Office reported.

  • Iran puts further pressure on oil prices

    January 18, 2016 08:28 Hot Recent News

    Brent oil was Monday morning around 07:00 hours on the futures exchange in London traded at $ 28.40 a barrel, down 1.9 percent, after earlier low of $ 27.67 to have reached. US oil was 1.6 percent lower at $ 28.95 a barrel.

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