Higher oil prices, strong housing bolster central banks' stimulus hopes
Jan 22, 2016 18:05 pm UTC| Commentary Central Banks
Markets around the world surged onthe speculation that central banks will increase stimulus in reaction to the recent tumultuous financial markets. Particularly European markets improved significantly off word that ECB...
Crude gets interim strength but dips below $30 on the cards
Jan 22, 2016 14:59 pm UTC| Insights & Views
The marchBrent contracts (BRG2016) were up at $37.13 a barrel. U.S. oil futures had jumped from $27 dollars a barrel soon after yesterday is inventory check, but the slumps towards 27 should not be ruled out and get...
FxWirePro: WTI outlook - $32/barrel would be tough nut to crack
Jan 22, 2016 12:55 pm UTC| Commentary
WTI in past three days, rose more than 13%, more so after European Central Bank (ECB) signaled that it might ease policy further in March meeting. However we at FxWirePro, are taking a bi contrarian view to the current...
Oil prices surprise by sudden rebound
Jan 22, 2016 12:33 pm UTC| Commentary
Despite massive oversupply of US inventory, the oil prices have soared more than $3 to $31 per barrel since yesterday afternoon. US crude oil stocks advanced nearly 4 million barrels in the previous week and are at 130...

S&P may cut oil countries' ratings to reflect 'new reality'
Jan 22, 2016 10:28 am UTC| Research & Analysis
Credit rating agency Standard Poors signalled on Friday that oil-exporting countries face fresh downgrades as crude prices fall further and that it could repeat last years move when it made a big group of cuts all at...

Saudi Aramco calls $30/barrel oil irrational
Jan 22, 2016 10:18 am UTC| Commentary
Saudi Arabia since the oil price rout has been pursuing overproduction strategy and to push prices to such extend that high cost producers are forced to get out of the market. However, situation might be getting tense even...

OPEC countries optimistic on oil market balance
Jan 21, 2016 16:20 pm UTC| Commentary
Oil prices (both Brent and WTI) have been trading below $30 a barrel. The price of oil has dipped to levels that it favors more for buyers than for sellers. The rationale being that oil producers will definitely put a cap...