Oil & Gas News

Petrobras approves execution of Term Sheet with the company Andrade Gutierrez to remove provisional ban
09.06.2017
793
Petrobras approves execution of Term Sheet with the company Andrade Gutierrez to remove provisional ban
Petrobras informs that its Executive Board approved today the execution of a Term Sheet with Andrade…
Statoil receives consent for exploration drilling in the Norwegian Sea
09.06.2017
832
Statoil receives consent for exploration drilling in the Norwegian Sea
Statoil has received consent to drill an exploration well in block 6507/8 in the Norwegian Sea.
As Oil Plumbs New Depths, Someone Sees $80 a Barrel by December
09.06.2017
793
As Oil Plumbs New Depths, Someone Sees $80 a Barrel by December
As Brent crude oil closed on Wednesday at its lowest level since before OPEC and other nations agree…
Oil dives 5 percent on surprise build in U.S. crude, gasoline stocks
08.06.2017
746
Oil dives 5 percent on surprise build in U.S. crude, gasoline stocks
Oil prices slid 5 percent on Wednesday to a one-month low, after an unexpected increase in U.S. inve…
Oil prices jump after Saudi Arabia, other Middle East nations cut ties with Qatar
05.06.2017
3 736
Oil prices jump after Saudi Arabia, other Middle East nations cut ties with Qatar
Crude futures shot higher on Monday after a political rift in the Middle East escalated when Saudi A…
US reports oil exports rise to record level, just as OPEC agrees to cut back
02.06.2017
723
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
1 414
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
1 812
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
1 733
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
2 957
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
1 616
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
2 136
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…
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