Oil & Gas News

Should Markets Fear Iran’s Plans To Boost Oil Output?
01.06.2017
1 967
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
2 351
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
2 269
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
3 504
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
2 113
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
2 676
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
2 197
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
4 034
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…
SPR sale mooted by US government
27.05.2017
2 843
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
2 409
OPEC extends oil production cut
The oil cartel OPEC has agreed to extend production cuts into 2018 in an effort to end a g…
Oil & Gas stocks under scanner-Transocean, SeaDrill, Whiting Petroleum, and Pioneer Energy Services
26.05.2017
2 443
Oil & Gas stocks under scanner-Transocean, SeaDrill, Whiting Petroleum, and Pioneer Energy Services
Shares in Vernier, Switzerland-based Transocean Ltd rose 1.05%, ending Tuesday's trading session…
Capex increases among China’s NOCs to boost shale development
26.05.2017
2 503
Capex increases among China’s NOCs to boost shale development
Shale gas development in China is expected to benefit from an overall boost in capital expenditure b…
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