- Oil's Current Surge Toward $70 Seen Dragging It Down Later (1)
November 08, 2017
Oil bulls, beware of higher prices. While crude may climb to $70 a barrel next year as OPEC and its allies including Russia continue their output curbs, there are dangers ahead, according to a veteran analyst.
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- The Saudi purge will change how investors view the Kingdom
November 06, 2017
Saudi Arabia suddenly arrested powerful royals and businessmen over the weekend, in what officials call an anti-corruption drive, but outside observers deem domestic power consolidation.
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- Oil Extends Gains From 2-Year High on Signs of Longer OPEC Cuts
November 03, 2017
Oil extended gains from the highest close in more than two years on signs OPEC will agree to extend supply cuts when ministers meet in Vienna at the end of the month.
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- Venezuelan Oil Too Big to Fail, at Least for China and Russia
November 03, 2017
Venezuela’s sudden demand to renegotiate its billions in debt could complicate life for its two biggest oil patrons, China and Russia.
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- India state-owned refiners export low-sulphur diesel in rare move
November 01, 2017
India’s state-owned refiners are exporting low-sulphur diesel in a seldom seen flow of products as crude processing capacity returns amid a drop in demand due to a new sales tax and as regional flooding cuts fuel use, industry sources told Reuters...