Tag - oil

 
 

OIL

BUSINESS
Apr 27, 2015
Mideast supply disruption threat sends oil trading to near four-month high
Oil traded near the highest price since December on concern that Middle East supplies may be disrupted as Saudi Arabia expanded its military campaign against Yemen.
WORLD
Apr 1, 2015
Houthis rebels seize Yemen base near key shipping lane; Saudis target advance on Aden
Yemen's Houthis seized an army base overlooking a key shipping lane in the Red Sea, while Saudi Arabia said its bombing campaign has contained the rebel advance toward the port of Aden.
Japan Times
WORLD
Mar 27, 2015
Saudi bombs prop up failing ally in Yemen after Shiite rebel gains
Saudi Arabia led airstrikes against Shiite rebels in Yemen as it seeks to prop up an allied government facing the loss of its last remaining stronghold.
BUSINESS / Companies
Mar 25, 2015
Trader Sumitomo braces for worst losses since 1997
Sumitomo Corp. said it expects an annual loss of ¥85 billion ($711 million), more than four times the number forecast by analysts, after the trading house posted additional write-downs on its resources investments.
COMMENTARY / World
Mar 13, 2015
How long will the price of oil remain low?
The real struggle over cheap oil prices is between the 'frackers' and Saudi Arabia, because the latter is the 'swing producer' in the OPEC cartel. Regardless of which side wins, the game should end in two years.
ASIA PACIFIC
Mar 8, 2015
China defends island-building in South China Sea
China's foreign minister on Sunday defended his government's controversial policy of reclamation on disputed isles in the South China Sea, which has sparked regional concern, and said Beijing is not seeking to overturn the international order.
Japan Times
WORLD
Mar 6, 2015
Islamic State torches oil field near Tikrit as militia advance
Islamic State militants have set fire to oil wells northeast of the city of Tikrit to obstruct an assault by Shiite militiamen and Iraqi soldiers trying to drive them from the Sunni Muslim city and surrounding towns, a witness said.
Japan Times
BUSINESS / Markets
Feb 14, 2015
Aso's yen remarks edited in website posting by Finance Ministry
Some comments made by Finance Minister Taro Aso last month on the benefits of a weaker yen are missing in an outline of his remarks posted on his ministry's website.
BUSINESS
Feb 6, 2015
Russian inflation hits 15% as economic pain deepens
Russia's inflation hit 15 percent in January, official data showed on Thursday, underscoring the growing economic pain from sliding oil prices and Western sanctions linked to the Ukraine conflict.
Japan Times
COMMENTARY / World
Jan 27, 2015
Running the Saudi family business
While the Saudi system of governance can seem awfully medieval to those of us on the outside, families aren't the worst mechanisms for managing conflict.
Japan Times
WORLD / Politics
Jan 23, 2015
Putin said to shrink inner circle as Ukraine hawks trump tycoons
Russian President Vladimir Putin isn't just angering leaders from Berlin to Washington. He's irking some of his richest friends, too, by snubbing their pleas to end the conflict in Ukraine and ostracizing all but a handful of hard-liners.
Japan Times
JAPAN / Politics
Jan 22, 2015
Abe forced to walk a fine line in oil-rich Middle East
The seizure of two Japanese nationals by the Islamic State militant group is raising questions about Japan's Middle East policies and the effectiveness of Prime Minister Shinzo Abe's brand of personal diplomacy.
Japan Times
BUSINESS / Economy / ANALYSIS
Jan 12, 2015
Lower oil prices spell good news for Japanese economy
Manufacturers, motorists and households and all stand to reap the benefits of falling prices for crude oil.
WORLD
Jan 12, 2015
Oil glut spurs rush for supertankers to store excess at sea
Some of the world's largest oil traders have hired supertankers to store crude at sea, marking a milestone in the build-up of the global glut.
Japan Times
WORLD / Science & Health
Jan 8, 2015
Vast fossil fuel reserves 'must be left in the ground': study
A third of the world's oil reserves, half of gas reserves and 80 percent of current coal reserves should not be used in the coming decades if global warming is to stay below an agreed 2 degrees Celsius target, scientists said Wednesday.
BUSINESS / Economy
Jan 8, 2015
Fed looks past a world in turmoil, confident in U.S. recovery
U.S. central bankers have looked beyond a global deflation threat, fear of energy-sector bond defaults, and a surge of oil patch layoffs to reach what appears to be a firm conclusion: the U.S. recovery is here to stay.
BUSINESS / Markets
Jan 7, 2015
Wall St. extends selloff as oil prices fall further
U.S. stocks were down more than 1 percent in afternoon trading on Tuesday, extending recent losses as data showed the pace of growth in the U.S. service sector had slowed and oil prices fell further.
Japan Times
WORLD / Politics
Dec 31, 2014
After 15 years in power, Putin risks running out of luck
When Vladimir Putin was handed power unexpectedly by an ailing Boris Yeltsin on the last day of the last century, his first move was to go on television to guarantee Russia the freedoms needed for a "civilized society."
COMMENTARY / World
Dec 30, 2014
Oil prices and Saudi democracy
Saudi Arabia's top policymakers deny they have deliberately sought lower oil prices, and there are good reasons to doubt the kingdom is wielding the oil weapon as part of some grand geopolitical strategy.
BUSINESS / Economy
Dec 27, 2014
Falling oil prices pushing Russia toward recession
Slumping oil prices have put Russia's economy on course for a sharp recession next year, Finance Minister Anton Siluanov said Friday, as authorities scaled up their bailout for the first bank to succumb to the recent ruble crisis.

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