Chinese state-owned oil corporations, as well as large private refiners, are actively buying up oil coming from the Middle East and other regions. This is due to possible supply disruptions caused by increased sanctions pressure on Russia and Iran. Among the companies involved in the procurement, such players as Cnooc and Shandong Yulong Petrochemical Co stand out, which place urgent oil orders with prompt delivery times. Special attention is being paid to deliveries scheduled for February.... Read More
The tension in British households has lessen since May 2015, as most focus on increase in inflation... Read More
The economic sentiment for Germany remained constant for this month as it was supported by a... Read More
Crude oil prices rose to its highest levels in over 17 months following Saudi Arabia’s pledge to c... Read More
Simon William English or also known as Bill English is the new New Zealand Prime Minister as... Read More
The annual inflation rate in November reduced to its lowest level since latter 2014. The reports... Read More
The Republic of Venezuela made its announcement regarding the official replacement of the country’s ... Read More
European stocks extended its longest rallying streak during Friday’s trading session, with EU s... Read More
The market was left in a state of general confusion after the European Central Bank publicized its... Read More
The sterling pound hit a two-month high after the UK Supreme Court recently concluded its second... Read More
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