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Added on the 13/07/2016 21:06:34 - Copyright : Reuters EN
Oil prices have jumped again as a huge wildfire in Canada's oil sand region knocked out over a million barrels in daily production capacity. As Hayley Platt reports, a government reshuffle in Saudi Arabia is also being closely watched.
Global oil markets will remain oversupplied at least until the end of 2016 as demand growth slows and OPEC output booms. As Grace Pascoe reports, the warning from the International Energy Agency comes after a bad week for markets.
After a slide in crude prices on Wednesday's US stockpiles data, a push for a breakthrough in Iran's nuclear talks raises the prospect of even more supply hitting markets. Hayley Platt reports.
Tokyo (Japan), 5 oct (EFE/EPA).-(Camera: Kimimasa Mayama) The main index of the Stock exchange of Tokyo, the Nikkei, closed Tuesday's session with a drop of 2.19%, as the price of oil increases.FOOTAGE OF THE JAPANESE STOCK INDICATORS.
Huntington Beach, Oct 3 (EFE/EPA).- A large oil spill from a platform in the pacific equivalent to about 3,000 barrels of oil is hitting southern California and threatening the shores of Huntington Beach, one of the most popular and famous coastal areas in the Golden State.The oil leak began Saturday at the Elly offshore platform, off Huntington Beach and has already thrown some 570,000 liters of oil into the sea, according to authorities, who already speak of this event as one of the worst natural disasters in this area " in decades." They have warned of its danger to the place’s flora and fauna.Huntington Beach Mayor Kim Carr said the 3,000-barrel estimate is likely to fall short as the company responsible for the spill, Beta Offshore, is believed to have yet to fully stem the leak. (Camera: CHRISTIAN MONTERROSA). SHOT LIST: TAR ACCUMULATES ON THE SHORE AND CONTAMINATED SAND AFTER AN OIL SPILL OFF THE COAST OF HUNTINGTON BEACH, CALIFORNIA, US.
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