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Oil prices hit fresh highs, nears $50/bbl as Canada wildfires rage on

May 18, 2016

Oil prices hit fresh highs, nears $50/bbl as Canada wildfires rage on

Prices have shot up after US banking giant Goldman Sachs this week said that supply disruptions in Africa's biggest oil producer Nigeria -- along with better demand -- had created a surprising short-term supply deficit #crude oil prices #brent crude #Canadian wildfire rage #Goldman Sachs report
Crude oil prices jump nearly 3% as tension builds up between Saudi Arabia and Iran

Jan 04, 2016

Crude oil prices jump nearly 3% as tension builds up between Saudi Arabia and Iran

Global oil benchmark Brent climbed over 2.5 percent and more than a dollar to a morning high of $38.50 per barrel on Monday #Barack Obama #crude oil prices #Iran #brent crude #Saudi Arabia
Sensex hits 3-month low to end 220 pts lower; metals, oil and gas trounced

Dec 08, 2015

Sensex hits 3-month low to end 220 pts lower; metals, oil and gas trounced

Market breadth was extremely weak with losers outnumbering gainers by over 2:1, with 1,879 stocks declining against 877 advances on BSE. #Sensex #nifty #crude oil prices #BSE #Shanghai Composite #MarketClose #GST Bill #Hang Seng #CNX
OPEC to maintain higher oil production despite fears of a slump to $20/bbl mark

Nov 25, 2015

OPEC to maintain higher oil production despite fears of a slump to $20/bbl mark

Goldman Sachs said this year it saw a possibility of crude going even below $20 because of the huge global oversupply, a strong dollar and a slowing Chinese economy #crude oil prices #Russia #Goldman Sachs #OPEC #Saudi Arabia #Iranian sanction
Modi gets a pat on the back: New reform agenda strengthened India's recovery, says US

Oct 20, 2015

Modi gets a pat on the back: New reform agenda strengthened India's recovery, says US

According to the report, the sharp drop in the price of oil is having a large impact on global current account imbalances #Emerging markets #Narendra Modi #crude oil prices #China slowdown #economic reforms #US Treasury Department
Goldman Sachs' crude outlook: Oil may slip to $20/bbl on Chinese concerns, supply glut

Sep 12, 2015

Goldman Sachs' crude outlook: Oil may slip to $20/bbl on Chinese concerns, supply glut

Core Opec members, however, see no reason to cut production, despite the fall in oil prices #crude oil prices #Goldman Sachs #brent crude #Saudi Arabia #IEA #Opec countries
Oil & gas exploration shares surge up to 6% on global crude price revival

Aug 28, 2015

Oil & gas exploration shares surge up to 6% on global crude price revival

From a low of $42.23 a barrel touched on August 24, the Brent crude has jumped 13 percent to trade at $48.43 in today's trades so far #crude oil prices #BSE #brent crude #oil & gas shares #slowing Chinese economy #US market recovery #oil exploration companies
Do not see oil prices rising beyond $80-85, says CEA Arvind Subramanian

Jun 23, 2015

Do not see oil prices rising beyond $80-85, says CEA Arvind Subramanian

Subramanian said there has been fundamental shifts in the market and thought demand has come down #Gold #crude oil prices #Economic growth #Arvind Subramanian #CAD #CEA