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US reports oil exports rise to record level, just as OPEC agrees to cut back
02.06.2017
948
US reports oil exports rise to record level, just as OPEC agrees to cut back
The U.S. oil industry exported a record 1.3 million barrels of crude per day onto the world market l…
Should Markets Fear Iran’s Plans To Boost Oil Output?
01.06.2017
1 669
Should Markets Fear Iran’s Plans To Boost Oil Output?
Last week’s OPEC meeting was characterized by a certain banality. The news that OPEC and non-O…
Brent crude oil drops below $50, tumbling nearly 4% on concern over rising output
31.05.2017
2 206
Brent crude oil drops below $50, tumbling nearly 4% on concern over rising output
Brent crude oil prices fell to a three-week low on Wednesday on news that Libyan output was recoveri…
Oil falls as rising Libyan, U.S. output undermines cuts
31.05.2017
1 854
Oil falls as rising Libyan, U.S. output undermines cuts
Oil prices fell by one percent on Wednesday, as rising output from Libya added to concerns about inc…
Once Costly Deep-Sea Oil Turns Cheap, to OPEC's Dismay
31.05.2017
3 228
Once Costly Deep-Sea Oil Turns Cheap, to OPEC's Dismay
Reports of deep-sea drilling’s demise in a world of sub-$100 oil may have been greatly exagger…
Oil slips on oversupply worries despite OPEC deal
30.05.2017
1 905
Oil slips on oversupply worries despite OPEC deal
Oil prices fell on Tuesday, pressured by concerns that production cuts by the world's big export…
Oil slides as Goldman Sachs lowers forecasts for 2017 crude prices
30.05.2017
2 233
Oil slides as Goldman Sachs lowers forecasts for 2017 crude prices
Goldman Sachs predicts $50 per barrel for WTI oil in 2018 to 2020. The company sees average WTI cru…
Russian Energy Minister: Oil Markets To Re-balance In Q3 2017
30.05.2017
1 916
Russian Energy Minister: Oil Markets To Re-balance In Q3 2017
Crude oil prices fell more than 5 percent Thursday after OPEC extended a production cut deal which h…
OPEC Extends Cuts, Oil Prices Fall: What It Means
29.05.2017
3 731
OPEC Extends Cuts, Oil Prices Fall: What It Means
OPEC extended oil production cuts last week and oil prices plunged. OPEC's goal was to keep&nbs…
The Top 10 Oil and Gas Companies in the World
29.05.2017
3 812
The Top 10 Oil and Gas Companies in the World
The Top 10 Oil and Gas Companies in the World
SPR sale mooted by US government
27.05.2017
2 605
SPR sale mooted by US government
The US executive has called for the sale of 270 million barrels of oil from the Strategic Petroleum…
OPEC extends oil production cut
26.05.2017
2 101
OPEC extends oil production cut
The oil cartel OPEC has agreed to extend production cuts into 2018 in an effort to end a g…
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