Winds that hinted at partially reversing the oil price rout appear to be dying down. A number of experts now see 2016 as another waiting game.» Read More
Dan Yergin, IHS vice chairman, weighs in on the likelihood of the world's top oil producers cutting production and the outlook on oil price.
Bank-stock investors are overestimating the impact of tough times in the oil industry on the banking sector, says Dick Bove.
Miton Funds’ fund manager, Eric Moore discusses Royal Dutch Shell in light of its earnings report.
ConocoPhillips on Thursday reported a loss that was larger than analysts' has expected and cut its quarterly dividend.
Greg Ebel, Spectra Energy CEO, discusses his company's three year plan and the outlook on gas pipelines.
*OPEC's Venezuela lobbies for producer meeting to cut output. LONDON, Feb 4- Oil slipped below $35 a barrel on Thursday after the previous session's 7 percent jump, pressured by oversupply and scepticism that Venezuela's effort to lobby crude producers for output cuts would succeed. Brent crude was down 30 cents at $34.74 a barrel at 1149 GMT.
Pierre Moscovici, European Commissioner, says there are upside and downside risks to low oil prices.
*OPEC's Venezuela lobbies for producer meeting to cut output. LONDON, Feb 4- Oil rallied further above $35 a barrel on Thursday, adding to the previous session's 7 percent jump, as support from a weaker dollar offset concern about ample supply and record-high U.S. inventories. Crude also gained as Venezuela's oil minister, on a tour to lobby for steps to boost prices,...
*Europe shares follow Asia higher, focus on commodity firms. LONDON, Feb 4- Stocks advanced in Europe and Asia on Thursday, with the focus on energy companies as speculation U.S. interest rates may not rise at all this year left the dollar nursing hefty losses and oil held most of the previous day's big gains. Brent, the global benchmark, dipped 5 cents to $34.99 a barrel,...
Helena Morrissey, CEO of Newton Investment Management, says it is hard to get excited about the stocks of major oil companies.
Eldar Sætre, CEO of Statoil, talks about the Norwegian government which owns 67 percent of the company.
Tidjane Thiam, CEO of Credit Suisse, says there is a disconnect between share prices and value as a result of low oil prices.
Full-service carriers are hurting given reduced headcount in financial services and commodities, says Michael Beer from Citi Research.
Neuberger Berman's Benjamin Segal explains that four Fed hikes this year are unlikely given that oil prices are still at historically low levels.
Oil prices are up sharply in Asian hours as the dollar index hit a seven-week low and on rumors about a possible supply deal.
LAUNCESTON, Australia, Feb 4-- The new entrants to China's crude market will not only boost the amount of oil imported, but are also likely to affect the supply sources and method of delivery. China more than doubled the non-state crude import quota for 2016 to 87.6 million tonnes, equivalent to 1.75 million barrels per day, part of efforts to boost competition and...
Oil fell 2% in volatile trading, as support from a weakening dollar was overshadowed by Venezuela's effort to lobby crude producers.
Indicators that a global recession is not impending and oil market stability could give the markets a lift, says Jim Paulsen, chief investment strategist at Wells Capital Management.
*OPEC- member Venezuela lobbies for producer meeting to cut output. *Morgan Stanley cuts 2016 Brent forecast to $30/ b, 2017 to $40/ b. U.S. crude futures were trading at $32.68 per barrel at 0119 GMT on Thursday, up 40 cents from the previous session's close when they rallied 8 percent from below $30 per barrel.
*OPEC- member Venezuela lobbies for producer meeting to cut output. SINGAPORE, Feb 4- U.S. crude oil prices extended gains from the previous session on Thursday, as a weaker dollar and ongoing yet unconfirmed talk of producers potentially meeting to discuss output cuts lifted the market despite record U.S. stocks. West Texas Intermediate crude futures were...