All publications by tag «PRICES»
2015, January, 21, 20:00:00
ENI: OPEC MUST ACT NOW
The head of Italian energy company Eni Spa urged OPEC on Wednesday to act to restore stability in oil prices, which he warned could overshoot to $200 per barrel several years down the road because of low investment now.
2015, January, 21, 19:55:00
BAKER HUGHES: 7,000 WORKERS OUT
Oil services company Baker Hughes Inc. has said that it will lay off about 7,000 workers as it prepares for a downturn.
2015, January, 21, 19:45:00
TOTAL: OIL WILL DISAPPEAR
By 2030 More than Half of the Existing Global Oil Production Will Disappear
2015, January, 18, 13:55:00
KUWAIT: $155 BLN INTO PROJECTS
Kuwait’s government on Sunday announced plans to spend $155bn on projects over the next five years despite the current slump of oil prices
2015, January, 18, 13:45:00
OIL PRICES: HIGHER MARGINS
Current market conditions might turn out to be positive for the industry in the long run also for another reason. Low prices are expected to bring along helpful rationalisation measures, which will have a positive impact on the bottom line.
2015, January, 17, 22:10:00
CHINA: GDP UP TO 7.3%
China's economic growth may be as high as 7.3 percent this year, partly due to falling commodity prices, the official Xinhua news agency quoted an academic advisor to the central bank's monetary policy committee as saying on Saturday.
2015, January, 17, 21:55:00
OIL PRICES AGAINST GROWTH
Global equity markets rebounded, with U.S. stocks capping five straight sessions of losses. European shares rose on growing expectations of economic stimulus from the European Central Bank.
2015, January, 17, 21:50:00
OPEC: OIL DEMAND IS GROWING
In 2015, world oil demand is anticipated to rise by 1.15 mb/d, following an upward revision of 30 tb/d due to expectations of higher oil requirements in OECD America and Other Asia.
2015, January, 17, 21:45:00
NORWAY: NO CRISIS
Norway’s oil revenues have been hit hard by a 50% drop in prices over the past six months and oil companies operating in Norway are set to reduce their capital expenditure by 15% on the year in 2015
2015, January, 17, 21:40:00
US FALL DRILLING
The number of rigs drilling for oil in the US dropped sharply this week as plunging crude prices hit development of shale reserves, the most-watched survey of industry activity has shown.
