Crude oil rebounded for a third consecutive session on Monday on OPEC’s forecasts for stronger demand for this year than previously thought and on expected lower supply from countries outside the producer cartel. Benchmark Brent oil futures rose by 54 cents, or nearly 1 percent, to close at $58.34 a barrel, after jumping to $59.61 at one point. WTI crude futures increased by $1.17, or 2.3 percent, to close at $52.86 after a session peak at $53.99.
read more... 10/02/2015
The French government has required state-owned utility EDF to be clear about its foreign operations to guarantee that none were established to avoid taxes, as stated by the finance ministry on Sunday.
read more... 09/02/2015
Crude oil futures settled up over 4 percent on Thursday as intensified violence in oil producer Libya and a monetary easing by China’s central bank that could increase oil demand provided support. Benchmark Brent crude futures increased by $2.41, or 4.5 percent, to close at $57.57 a barrel. WTI futures rose by up $2.03, or 4.2 percent, to close at $50.48.
read more... 06/02/2015
Crude oil declined as much as 5 percent on Tuesday after the International Monetary Fund curbed its 2015 global economic forecast and key oil producer Iran insinuated prices could fall to $25 a barrel without supportive OPEC action.
read more... 21/01/2015
Crude oil prices dropped on Thursday dragged down by an erratic dollar and OPEC’s forecasts for a weakening demand to 28.78 million barrels per day in 2015, down 140,000 bpd from its previous expectation.
read more... 16/01/2015