Tag: Oil Markets
Risk premium for oil markets to return in 2017 as middle East instability persists – IHS
For next American president, no foreign policy choice more important ending Middle East stalemate ENGLEWOOD, Colo. – Shifting power relationships in the Middle East are reordering regional geopolitics, entrenching a stalemate of conflict that threatens to further destabilize the region. Wars in Syria and Yemen and against the Islamic State, combined with the balancing of supply […]
Energy stocks lead rally as the price of crude oil jumps
Energy stocks, Chevron, Exxon biggest gainers on Wednesday NEW YORK – Energy stocks led a rally on the stock market as the price of oil turned sharply higher. The price of oil jumped almost 6 per cent Wednesday following a drop in crude inventories last week that was much steeper than analysts were expecting. Chevron and Exxon […]
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