Energy (Legacy)

Oil prices fall as oversupply lingers, economic growth prospects darken

Oil prices fall as oversupply lingers, economic growth prospects darken

Published 14/03/2016

SINGAPORE Oil prices fell on Monday, weighed down by global oversupply and slowing economic growth prospects, although the prospects of falling production lent crude some [more…]

BlackRock CEO Fink sees risks in China, negative rates

BlackRock CEO Fink sees risks in China, negative rates

Published 11/03/2016

ACAPULCO, Mexico BlackRock Inc Chief Executive Officer Larry Fink said on Friday that China may be the biggest hurdle to global financial markets and that [more…]

Iran plays hardball with European oil buyers, slowing exports

Iran plays hardball with European oil buyers, slowing exports

Published 09/03/2016

LONDON Iran has managed to sell only modest volumes of oil to Europe since the lifting of sanctions seven weeks ago and several former buyers [more…]

Oil prices rise as defaults expected to cut supplies

Oil prices rise as defaults expected to cut supplies

Published 09/03/2016

SINGAPORE Brent crude prices rose to nearly $40 per barrel on Wednesday as traders expected defaults to trigger a drop in production, but analysts warned [more…]

Venezuela military company to start services to PDVSA in weeks

Venezuela military company to start services to PDVSA in weeks

Published 09/03/2016

CARACAS, Venezuela Camimpeg, a new company formed by Venezuela's military, will begin providing state oil producer PDVSA with services including drilling, logistics and security in [more…]

Oil prices mixed as market ponders whether crude has bottomed out

Published 29/02/2016

SINGAPORE Brent crude futures edged up on Monday after already making up ground last week as indications mounted of the market bottoming out, but analysts [more…]

Warren Buffett’s Berkshire Hathaway quarterly profit jumps almost one third

Published 27/02/2016

Warren Buffett's Berkshire Hathaway Inc on Saturday said fourth-quarter profit rose 32 percent, helped by improved results in its insurance operations and higher gains from [more…]

Oil prices fall as OPEC squabbles over output targets, crude stocks swell

Published 24/02/2016

SINGAPORE Oil prices slid on Wednesday, extending sharp falls from the previous session after top exporter Saudi Arabia ruled out production cuts and industry data [more…]

Exclusive: New York asks SEC to force climate vote onto Exxon proxy

Published 24/02/2016

HOUSTON New York state's comptroller and four other Exxon Mobil shareholders asked the U.S. Securities and Exchange Commission this week to force the oil producer [more…]

Asia’s oil markets in upheaval as China, India change the game

Published 24/02/2016

SINGAPORE/NEW DELHI Asia's oil markets are being upended as India's and China's refiners overtake once-dominant buyers like Japan and challenge the United States as the [more…]