Dax falls below 11,000 points

Dhe leading German index, the Dax, started trading with a clear drop of 1.4 percent to around 10,900 points. With that, he plunged back below the 11,000 point mark that he had fought earlier in the week. The reason for the pessimism are new political tensions between Beijing and Hong Kong, which have already spoiled […]

Concerns about China’s economy are causing oil prices to collapse

Oil production Brent is the most important oil for Europe. The WTI variety comes from the USA. (Photo: dpa) Frankfurt Oil prices fell sharply on Friday due to economic concerns. The price of a barrel (159 liters) of the North Sea type Brent fell in the morning by up to six percent to below $ […]

Oil prices rise slightly

Oil production Brent is the most important oil for Europe. The WTI variety comes from the USA. (Photo: dpa) Frankfurt Oil prices rose slightly in Asian trade on Wednesday. In the morning, a barrel (159 liters) of North Sea Brent cost $ 34.90. That was 25 cents more than on Tuesday. The price of a […]

Oil prices are recovering for two reasons

DOil prices continued their recovery at the start of the week. Market participants cited the good mood on the stock exchanges as a reason. Riskier asset classes such as commodities benefited from this. The lower offer was also mentioned. A barrel (159 liters) of the North Sea variety Brent cost $ 34.23 on Monday noon. […]

Oil prices continue to recover – US oil above $ 30 mark

Oil production Brent is the most important oil for Europe. The WTI variety comes from the USA. (Photo: dpa) Frankfurt Oil prices continued to rise in Asian trade on Friday. The previous day, they had risen due to a new demand forecast by the International Energy Agency (IEA). The price for a barrel (159 liters) […]

The price war on the oil market is entering the next round

The result is known: the oil price collapsed, the cartel called Opec-plus met for a special meeting to agree on drastic cuts in production and get the raw material price out of the cellar. The Opec plus agreement with significantly reduced production volumes has been in force since May 1st. Saudi Arabia’s Ministry of Energy […]

Oil: Oil prices continue to rise

Oil production Brent is the most important oil for Europe. The WTI variety comes from the USA. (Photo: dpa) Frankfurt Oil prices continued to rise in Asian trade on Friday. The day before, they had risen due to a new demand forecast by the International Energy Agency (IEA). The price of a barrel (159 liters) […]

Oil prices almost unchanged – Saudi Arabia reduces production

Oil pumps on a field at Ponca City in the US state of Oklahoma Brent is the most important oil for Europe. The WTI variety comes from the USA. (Photo: dpa) Frankfurt Oil prices initially barely moved on Thursday. The price for a barrel (159 liters) of the North Sea Brent was last at $ […]

Saudi Aramco quarterly results

Saudi Aramco plans to stick to the announced dividend payments in the first quarter of 2020 despite the decline in net profit in the first quarter of 2020. Due to the lower oil price and lower margins in the refinery business, the oil company reported a net profit of 62.5 billion rial in its first […]