November 30, 2016 by: Adam Samson and Gregory Meyer in New York The shares of US energy groups soared on Wednesday, emerging as early winners from Opec’s pact to curb production for the first ti...
Oil producers, like Saudi Arabia, used to fight for market share but are becoming more price sensitive, says Craig McMahon at Wood Mackenzie. The article Oil producers now more price sensitive: Exper...
Jim Cramer spoke with Gary Heminger, who says the supply of crude could be in balance shortly. The article Marathon Petroleum CEO thinks the oil glut will finally come to an end was originally publi...
Brazil prosecutors blast lawmakers for gutting corruption bill BRASILIA (Reuters) – Prosecutors investigating Brazil’s biggest-ever graft scandal threatened to resign en masse on Wednesday...
Nov 30 Prosecutors investigating Brazil’s biggest-ever graft scandal threatened to resign en masse on Wednesday if a move to gut an anti-corruption bill won approval from legislators as the nati...
Mexico stocks lower at close of trade; IPC down 0.12% Investing.com – Mexico stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower. At the close in Mexi...
Many traders were understandably disappointed when Credit Suisse unexpectedly announced they would shutter their two triple leveraged oil funds next month, but another issuer is wasting no time in ste...
Oil stocks might have surged on news of the OPEC deal but the markets are largely stalled out, says Hugh Johnson at Hugh Johnson Advisors. The article Markets are 'stalled out': Investor was origina...