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Morning Market Summary: Oil Price and Pound After Brexit Deal

Oil price plunge strikes across the board The plunge in the oil price is a big piece of lead around the neck of the global...

Saudi Arabia Vows To Reduce Production, Oil Prices Rebound

Saudi Arabia has promised to reduce its oil production this December. It sent the oil prices rising last Monday morning. Khalid al-Falih, the energy minister, said...

Monday Update on Oil, US inflation and Sterling Pound

Miners, oils help FTSE  The FTSE is holding up this morning, trading 0.36% higher, unlike its European peers which are on the slide as some...

Morning market comment: The effects of US midterms and Iran sanctions...

Midterm caution European indexes are trading near the flat line this morning taking their cue from Friday’s close on Wall Street where a mood of...

US To Allow 8 Countries To Purchase Oil From Iran, Oil...

On Friday, the prices of oil continued to decline on reports that the United States of America has agreed to allow eight countries to...

Trump Discuss Oil Supplies In Phone Call With Saudi’s King

Last Saturday, Donald Trump, the President of the United States of America, called King Salman, the King of Saudi Arabia, and they talked about the...

Russia And Saudi Arabia Ignore Trump’s Calls For Increase of Oil...

Russia and Saudi Arabia have defied the calls of Donald Trump for an immediate boost in their production in order to reduce the oil prices. On...

World’s Oil-Producing Giants Discuss To Increase Supply Amid US Sanctions On...

This morning, reports disclosed that some of the largest oil producers in the world are mulling the possibility of increasing the oil supply by as...

Oil Prices Surpass $80 Per Barrel Mark

The prices of oil have risen past the $80 per barrel mark for the first time since July as the US crude inventories dropped,...

Petrofac Unveils Major Contract

This morning, the share price of Petrofac, the oil and gas heavyweight, edged up as the firm revealed a new $600m (£466m) engineering contract...

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