October 2014

Oil prices climb but stay below earlier 2014 levels

Crude Falls on Federal Reserve Stimulus Halt, U.S. Supply

Chevron sanctions Stampede offshore development project in the Gulf of Mexico

PetroChina, the nation’s biggest explorer, posted its lowest profit in eight quarters yesterday, while Cnooc Ltd., which only reports quarterly sales, saw a decline of 4.6 percent.

Royal Dutch Shell Posts Rise in Profit

When energy analysts and the media discuss the price of crude oil, they are typically referring to one of a small group of specific types of crude oil that are widely and actively bought and sold. The use of such benchmark crudes makes it easier for buyers and sellers to price the variety of crudes that are produced around the world.

Light, Sweet Crude for December Delivery Rose 42 cents, to $81.42 a Barrel

Mexico is poised to redraft part of next year’s federal budget after a steep fall in oil prices upended the country’s revenue assumptions.

The European Union's executive body is close to signing off on two disbursement of loans promised to Ukraine that would give Kiev about EUR760 million ($965 million) in additional funding by the end of the year, two senior officials said Tuesday.

"Роснефть" предложила президенту Владимиру Путину целый комплекс мер по поддержке экономики в условиях кризиса и санкций. Список обширен — от ограничения захоронений ядерных отходов до фактической экспроприации иностранного оборудования. Часть мер выглядит откровенным выпадом даже не против Запада, а против "Газпрома", позиции которого на рынке газа пытается оспаривать "Роснефть". В основном же компания требует беспрецедентных льгот для отрасли и самой себя.