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aaron sheldrick

Aaron Sheldrick

Photo: Reuters

Oil prices surge nearly six per cent after Saudi air strikes in Yemen

by Aaron Sheldrick |Mar 26, 2015

Oil prices jumped due to concerns that the Saudi attack was a sign that fighting in the oil-rich Middle East was spreading out of control, traders and importers said.

Picture for representation only. (Source: Reuters)

Goldman slashes 2015 oil price forecast as output tops demand

by Aaron Sheldrick |Oct 27, 2014

"I personally think prices have room for declines though not as steep as Goldman," said Tomomichi Akuta, senior economist at Mitsubishi UFJ Research & Consulting.