Rosneft plays down output cut, oil might still gain to $40/barrel
Jan 29, 2016 13:39 pm UTC| Commentary
On Thursday, oil price got energized and rose as much as 8%, after Russias energy minister Alexander Novak told journalists that Russia is ready to take part in a meeting with OPEC members in February. Market read it as...

Oil price enjoying roller coaster movement under facts and rumours
Jan 28, 2016 22:00 pm UTC| Commentary
The recent free fall of oil prices made the global economy in to threat. Prices were down by as much as 3% and were trading at below $30 per barrel. But the recent correction was driven by news that Russia has decided to...
Negative implications of lower oil price dominate market worries
Jan 27, 2016 09:01 am UTC| Commentary
In 2016, oil prices have declined to the lowest level since the beginning of 2000s. Actually the decline of oil prices should be positive news for the global economy. The drop in oil prices mainly due to excess supply is a...

Are lower oil prices good or bad?
Jan 26, 2016 18:32 pm UTC| Commentary
In principle, a lower oil price should be positive for the world economy. The transfer of income from producers to consumers, who are more likely to spend on other goods and services, should boost global demand. At worst,...

Why OPEC-Russia cooperation not enough to push oil price higher for long?
Jan 26, 2016 07:31 am UTC| Commentary
There are little to speculate bullish from recent indication that Russias second largest oil producer Lukoil might be willing to cooperate with OPEC in production if political will present in Moscow. There are several...
Oil in global economy series – Why Petro-Dollars matter?
Jan 25, 2016 11:57 am UTC| Commentary
In December, we wrote a post saying high leverage in emerging market debt and repercussions of lower oil price are the two biggest risks in 2016. Since the beginning of the year, both have proven to be quite decisive in...

Fitch: Weaker Oil Prices to Challenge EMEA Majors' Ratings
Jan 25, 2016 09:24 am UTC| Research & Analysis
Weak oil prices in 2016 will leave five of seven large EMEA oil companies with financial leverage above the level Fitch Ratings normally considers appropriate for their current ratings, by a median of 0.6x, according to...