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CMC Markets

CMC Markets latest

Al Bawaba
April 14th, 2015 - 04:55 GMT

Oil prices continue to sustain modest gains

Oil prices rose on Monday, extending last week's gains, but the persistent global supply glut will likely cap advances, analysts said
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Al Bawaba
January 18th, 2015 - 03:01 GMT

Where's rock bottom? No floor price in horizon for oil

The strong greenback makes dollar-priced oil more expensive for buyers using weaker currencies, and this weighs on demand and prices.
January 7th, 2015 - 11:35 GMT

A 'psychologically signficant' benchmark: oil slips below $50 for first time since global recession days

Al Bawaba
December 31st, 2014 - 05:28 GMT

2014's dramatic farewell: Oil heads for biggest annual drop since 2008

Both U.S. crude and Brent have fallen for five straight months, oil’s longest losing streak since the 2008 financial crisis.
December 1st, 2014 - 11:43 GMT

How low/long can it go? Oil officially hits 5 year low in longest losing streak since 2008

Al Bawaba
October 8th, 2014 - 12:59 GMT

The 'remarkable' trend continues: Oil demand drops on signs of weak demand, 'tremendous surge in US oil production'

“According to the South Sudanese petroleum ministry… oil production in the state of Unity has been shut down, resulting in a loss of production of some 45,000 barrels per day.
December 24th, 2013 - 06:40 GMT

South Sudan violence raises world oil prices

Oil importers in the Middle East face externalised risk
October 14th, 2012 - 01:12 GMT

Oil importers in Middle East face outside risk, IMF

Al Bawaba News

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