Crude oil
12 April 2012
Reports of a 'light sheen' of oil found near production sites in the Gulf of Mexico sent shares in the UK oil majors lower this morning.
29 March 2012
Brent crude oil prices fell 1.1% to $123.53 to last night as it emerged leaders of developed economies are in talks to release emergency reserves to push fuel prices lower.
08 March 2012
Rising tensions between Iran and the rest of the world could prompt a sharp correction in equity markets, according to Lorne Baring, managing director of B Capital Wealth Management.
06 March 2012
The chairman of Goldman Sachs Asset Management, Jim O’Neill, said another positive US payroll result on Friday could prompt a renewed rally in US equities.
02 March 2012
HSBC’s chief economist Stephen King has warned the rapidly rising oil price is a greater threat to the world economy and financial markets than a Greek default.
02 March 2012
Crude oil prices hit a 43-month high on Thursday following reports a Saudi Arabian pipeline had exploded.
24 February 2012
Crude oil surged to record levels in euro and sterling terms yesterday, adding to fears European economies could slump back into recession.
30 January 2012
European markets edged lower this morning, echoing falls across Asia overnight, as investors showed caution over the outcome of the Greek debt swap deal.
20 January 2012
Shares in UK oil major BP were off more than 3% today as investors fretted over a warning from a well known analyst that the settlement for 2010's Gulf of Mexico disaster could be well above estimates.
20 January 2012
Investec Asset Management's Bradley George has revealed the three commodities he expects to outperform this year as the market starts to look through the eurozone crisis to focus on fundamentals.
04 January 2012
Managers of the Guinness Global Energy fund have warned of an oil price spike to $150 per barrel if Iran were to carry out its threat of closing the Strait of Hormuz and blocking 15% of global oil exports.
07 December 2011
Today’s oil price is a risk to global economic growth, particularly in the US, said BP chief executive Bob Dudley.
17 October 2011
Bailing out the banks is not a solution to the debt crisis, and eurozone leaders should let troubled banks fail, said investment veteran Jim Rogers.
31 August 2011
ExxonMobil has formed an Arctic exploration partnership with Russian state oil company Rosneft, in a strategic coup over rival BP.
16 August 2011
Investec’s Mark Lacey and Jonathan Waghorn have said energy equities in the E&P sector are showing “extreme value” as shares discount M&A prospects and price in a global recession.
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