Tag: Oil
Credit Suisse cuts 2012 commodity price outlook
Credit Suisse lowered its 2012 price forecasts for commodities across the board, including oil, precious metals and base metals, saying the balance of near-term...
Economic uncertainties fade, data drives global markets
Investors seek a haven from Europe's debt crisis and the prospect of weakening currencies
Euro strengthens to two-week high after Spain seeks bailout fund
The...
Stimuli expected to stop the global economic slump
The talk of the day among economists and media observers is "stimuli." All ask for stimuli and many promise stimulus.
It seems the latest stimulus speculations already work...
Oil and gas sector short of critical talent in the Middle...
Expanding into global and new markets top strategic priority for oil and gas sector executives in the Middle East
Executives indicate critical talent shortages in...
Oil Current Overview and Outlook
WTI prices increase by 2.6% to USD105.11 per barrel in the review period
Increase in geo-political risk keep oil prices high
OPEC production (ex Iraq) increases...
Oil trades near nine-month high
The Greek rescue deal is “a very good agreement,” European Central Bank President Mario Draghi said after the talks ended in Brussels. Finance ministers...
Untapped UAE oil fields hold over 500 mln barrels
UAE signed a memorandum of understanding giving South Korean firms rights to develop oil fields in Abu Dhabi
The three oil fields in the United...
2012 Oil Demand Outlook Lowered
Global oil demand in 2012 is expected to grow by 800,000 b/d from 2011, down from last month’s outlook for 1.1 million b/d of demand growth
Oil Market Outlook 2012
Global Investment House of Kuwait today released its Oil Market Outlook 2012. Here are the major highlights
2012 global oil demand growth forecast lowered
International Energy Agency said it expects global oil demand to grow by 1.1 million barrels a day in 2012, which is lower than its previous estimate
Crude oil forecasts raised
From a short-term perspective, supply disruptions eventually caused by geopolitical issues from Iran and Nigeria are expected to leave an upward bias on the price of crude oil for future delivery.
Brent, corn and gold investments to perform well in 2012
Commodities had an eventful year all-together, but ended the 2011 roughly unchanged. The energy-heavy MLCX TR and S&P GSCI TR indexes returned -2.6% and -1.2%...
Oil market fundamentals could ease over next five years
Oil market fundamentals could ease over the next five years, the International Energy Agency projected on Tuesday, revising down its demand forecasts through 2016 and revising up its supply projections after 2013.
Commodities growth to ease in 2012
Expectations of lower inflation is expected to reduce commodities’ appeal in 2012. Two of 2011’s strongest performing assets, gold and oil, are unlikely to replicate these returns in 2012.
Iran shoots down US drone; Oil could jump over $150
Iranian forces have shot down an American unmanned drone in the east of the country, according to Iran's state news agency.
Oil prices remain focused on Euro zone liquidity crisis solutions
Looking forward, oil prices will remain focused on talks that emerge from the meetings in Europe.
Next Decade – A Golden Age for Gulf Countries
Middle East petrochemical industry is entering into a golden age of opportunities, according to Mr. Khalid A. Al-Falih, President and CEO of Saudi Aramco, the world's largest oil company in terms of market capitalization.