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News on Energy
China urges India to take steps to satisfy standards of nuclear group

China called on India on Monday to take more steps to satisfy the standards of a global organization that controls atomic exports after U.S. President Barack Obama said the United States was in favor of India joining the group.

  • Date: 26.01.2015  |  Published on EGF: 26.01.2015  |  Energy  |  from http://www.reuters.com/
Oil falls again as IMF cuts forecast; Iran hints at $25 oil

Oil fell as much as 5 percent on Tuesday after the International Monetary Fund cut its 2015 global economic forecast on lower fuel demand and key producer Iran hinted prices could drop to $25 a barrel without supportive OPEC action.

  • Date: 20.01.2015  |  Published on EGF: 20.01.2015  |  Energy  |  from http://www.reuters.com/
Oil prices slip on Chinese data, record Iraq output

Brent crude oil prices fell below $50 a barrel on Monday after the global economic outlook darkened and Iraq announced record oil production.

  • Date: 19.01.2015  |  Published on EGF: 19.01.2015  |  Energy  |  from http://www.reuters.com/
Oil slides but bets on ECB action lift Europe shares

Oil prices slid on Tuesday to their lowest in almost six years, but European shares rose as investors focused on expectations that policymakers would soon take action to prevent the euro zone slipping into deflation.

  • Date: 13.01.2015  |  Published on EGF: 13.01.2015  |  Energy  |  from http://www.reuters.com/
No chance of OPEC output cut, even after oil dips below $50: Gulf delegates

Saudi Arabia and its Gulf OPEC allies are showing no sign of considering cutting output to boost oil prices, even though they dipped below $50 a barrel this week.

  • Date: 08.01.2015  |  Published on EGF: 08.01.2015  |  Energy  |  from http://www.reuters.com/
Russia oil output hits post-Soviet high, small firms help

Russia's 2014 oil output hit a post-Soviet record high average of 10.58 million barrels per day (bpd), rising by 0.7 percent helped by small non-state producers, Energy Ministry data showed on Friday.

  • Date: 02.01.2015  |  Published on EGF: 02.01.2015  |  Energy  |  from http://www.reuters.com/
Foreign automakers taken to task in China over dealers' bloated inventories

Foreign automakers in China may struggle to dictate sales goals in the future after dealers complained to the government that inflexible targets set during a market boom obliged them to buy too much stock and bear the brunt of a drop in demand

  • Date: 30.12.2014  |  Published on EGF: 30.12.2014  |  Energy  |  from http://www.reuters.com/
Oil prices drop, market less worried about Libya supply

Crude oil prices tumbled on Monday, with Brent and U.S. crude hitting their lowest levels since May 2009, reversing early gains on selling by investors convinced that supply disruptions in Libya would not offset a global supply glut.

  • Date: 29.12.2014  |  Published on EGF: 29.12.2014  |  Energy  |  from http://www.reuters.com/
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