International Energy Agency director Maria van der Hoeven

Oil prices could be in for second crash

Fri 20 Mar 15 2

US storage fears may be overblown but shale drillers continue to churn more oil than the market demands.

Reserve Bank governor Graeme Wheeler

Cheap oil to boost national income by $2.4B a year - RBNZ

Thu 12 Mar 15

"It also boosts demand growth in the economy: at a national level the fall in the price of imported oil raises New Zealand's purchasing power, as measured by the terms of trade," the bank said

US president Barack Obama

Obama vetos Keystone oil pipe line

Thu 26 Feb 15 2

The last time Mr Obama wielded his veto power was almost half a decade ago.

Commodities tracker Branton Kenton-Dau

Oil price rise mid-year?

Fri 20 Feb 15

A commodities tracker thinks he knows when the price of oil will rise.

Chevron Corp CEO John S. Watson

Oil bankruptcies ahead as supply glut continues rise

Wed 4 Feb 15

As oil supply continues to rise, producers begin to feel the pinch.

SABIC chief executive Mohammad al-Mady

Saudis feel oil pinch as IEA predicts long-term gains

Mon 19 Jan 15 3

Saudi Arabia's largest listed company slices 2014 earnings but IEA points to rising future demand.


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