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2014, November, 29, 20:45:00
LOWER OIL PRICE STOKE US
Oil anchors world financial markets, and Opec has just decided to raise its anchor. The consequences could be profound, and go far beyond the power game between the traditional oil producers in the Middle East and the new generation of shale producers in North America.
2014, November, 29, 20:40:00
FAILING OIL PRICES
Shares in the world’s biggest energy groups have tumbled in a market rout as plunging oil prices put at risk billions of dollars of investment and jeopardised future supplies of crude.
2014, November, 29, 20:35:00
PUTIN'S RUSSIAN RULETTE - 2
Putin Says Russia Doing Fine in Face of Tumbling Crude Prices
2014, November, 29, 20:30:00
PUTIN'S RUSSIAN RULETTE
Even as Western sanctions over Ukraine bite, crashing oil prices are hitting Russia's economy and government finances.
2014, November, 29, 20:25:00
OIL PRICES: FURTHER DECLINES
Brent and West Texas Intermediate crudes fell to the lowest level in more than four years after OPEC failed to cut its output in response to a glut.
2014, November, 29, 20:20:00
IEA: OIL INVESTMENT
The International Energy Agency’s chief economist on Friday urged oil producers to boost investment in new projects to meet an anticipated rise in demand, a move that he said may avoid oil price spikes in coming years.
2014, November, 29, 20:15:00
ROSNEFT: OFF THE DEAL $55 BLN
Battered by sanctions and oil’s accelerating price crash, OAO Rosneft (ROSN) has lost 38 percent of its market value this year in dollar terms and today the whole company, TNK-BP and all, is worth $50 billion.
2014, November, 27, 21:15:00
U.S. DRILLING IS BETTER: 3Q $5BLN
According to a review of financial statements released in recent weeks and despite lower crude oil prices, companies drilling in North American tight oil formations recorded improved financial results in third-quarter 2014 as compared with third-quarter 2013
2014, November, 27, 21:10:00
U.S. GASOLINE PRICES: THE LOWEST
U.S. retail regular-grade gasoline prices continue to decline, averaging $2.82 per gallon (gal) as of November 24.