Articles by Crude Oil
Canada’s Saving Grace Amid Falling Oil Prices Could Be Ontario
January 20 2015 7:43 PM
Ontario may experience an economic revival in the coming years.
Falling Crude Oil Prices Force Canada To Go Easy On Spending Plans
January 20 2015 11:12 AM
Canada might need to extend its spending freeze to ensure it delivers its' promised balanced budget.
Global Markets Overview – Morning January 16, 2015
January 16 2015 10:18 AM
While European equities continued to rally, the real story was in the FX space where the move made by the Swiss National Bank (SNB) surprised global markets.
Australian Stock Market Report – Morning January 16, 2015
January 16 2015 10:07 AM
The Swiss National Bank has removed its 3-year old cap of the franc against the Euro, sending the Swiss franc soaring against major currencies.
Alberta Possibly Headed For Recession With Plunging Oil Prices, BoC Says Prices Could Go Lower, 'Bad For Canada'
January 15 2015 1:14 PM
The continued fall of prices of crude oil will have a ripple effect in Canada’s provincial and national economies.
Australian Stock Market Report – Afternoon January 14, 2015
January 14 2015 6:13 PM
Australian shares faded this afternoon to post the biggest tumble in a week, with the ASX 200 Index (XJO) slumping by 0.9 percent to 5353. The local market has now fallen for three consecutive days - with equities dragged lower by weaker commodity prices and a negative lead from Wall Street.
Canadian Oil Price Casualty: Suncor To Cut 1000 Jobs, Slashes Spending Budget by $1B
January 14 2015 3:48 PM
Another Canadian energy company has been forced to announce a looming jobs cut as well as reduction in its planned spending budget this year due to the plunging crude oil prices.
Saudi Prince Once Owned A $300M Airbus A380 Jet Converted Into Flying Palace
January 14 2015 11:05 AM
On Tuesday, February Brent crude went down again to $45.19 a barrel, the lowest since March 2009, just a day after Saudi Prince Alwaleed Bin Talal said it would never again return to $100 which was an artificial price.
Global Oil Price Plunge Forces Shell Canada to Shed Jobs
January 12 2015 4:27 PM
Shell will be getting rid of some jobs in its Canadian operations.
Vladimir Putin Predicted To Resign Amid Economic Crisis; US-Russia Cooperation On North Korea Sanctions 'Not Likely'
January 06 2015 4:25 PM
Russian President Vladimir Putin is predicted to resign as oil prices are expected to decline. A cooperation between US and Russia is 'not likely' on new sanctions against North Korea.
Russia's Sinking Economy Worsened By High Military Spending; China-Russia Ties Deepen
January 03 2015 12:38 PM
Russia may survive 2015 but cuts in military spending will have to be implemented. Russian President Vladimir Putin has made military spending as the top priority before the crisis.
Australian Stock Market Report – Midday January 2, 2015
January 02 2015 5:03 PM
For the first day of trading for 2015 we saw the Australian market opened slightly weaker off 12points before coming back to be only down 5points by 10.30am ESDT.
OPEC Production Falls Marginally In December But Oil Price Slide Continues
January 02 2015 11:44 AM
Oil prices have been falling for the past few months. This has led to some concern among the oil exporting countries.
Oil Price Drop Raises Deflation Concerns In Spain—Report
December 31 2014 4:15 PM
Oil prices have been dropping continuously since July this year, raising concerns in some countries.
Saudi Arabia’s 2015 Budget May Assume Oil Prices At $80 -- Report
December 29 2014 11:34 AM
Falling oil prices in the past few months have got the producers of the commodity concerned.
Global Markets Overview – December 23, 2014
December 23 2014 11:39 AM
The Santa Clause rally is rolling on in global equities with sentiment remaining positive as the S&P marches towards its record high yet again. The S&P closed at a record 2077 and is within a couple of points of its December 5 intraday record high of 2079. The bounce in crude oil prices seems to have been a flash in the pan with investors finally realising that comments by OPEC members from the weekend did not imply they will look to correct the current supply situation. In fact, Saudi Arabia se...
Australian Stock Market Report –Afternoon December 19, 2014
December 19 2014 8:40 PM
Australian shares completed a trifecta of winning days on Friday, closing around the best levels of the session. Over the course of the last week the ASX 200 has risen by almost 2.3 % , balancing the loss of the pre-ceeding week when the market fell by almost 2.2%.
Australian Stock Market Report – Midday December 18, 2014
December 18 2014 2:32 PM
The Australian share market opened the session with a solid gain for the second consecutive session on the Thursday. The strong tone for the first half of the session came in the wake of similar gains for US and European markets in the last 12 hours. US share markets rallied sharply after the Federal Reserve gave a strong signal that it was on track to raise interest rates at some point next year - pointing to confidence in the US economy. At the close of trade, the Dow Jones was up by 288 point...
Australian Dollar Outlook – December 17, 2014
December 17 2014 10:43 AM
The Australian Dollar is unchanged from this time yesterday, having given back some overnight gains as volatility increases in global markets.
Global Markets Overview – December 17, 2014
December 17 2014 10:02 AM
Equities rebounded in European trade whilst US equities struggled as investors exercised caution heading into the FOMC meeting. Additionally, oil prices remained extremely volatile, with weakness prevailing. In Europe, traders focused on surprisingly firmer manufacturing and services PMIs, along with a vast improvement in the ZEW economic sentiment readings.