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2015

2015
2015, January, 11, 14:20:00
SHUT DOWN RIGS
Crude lost another 11 per cent this week amid continuing worries about a supply surplus as demand slows, with the Brent benchmark falling below $50 a barrel.
2015
2015, January, 11, 14:15:00
U.S. RIGS PLUNGES
BHI: US rig count plunges 61 units in last week
2015
2015, January, 11, 14:10:00
U.A.E.: OIL OVERSUPPLY
Oversupply in crude markets could take months or even years to fix depending on when producers outside OPEC cut their output, Abu Dhabi-based The National reported, citing comments by U.A.E. Energy Minister Suhail Al Mazrouei.
2015
2015, January, 10, 22:00:00
OIL IS LOOKING FOR BOTTOM
Crude oil markets continue to search for a bottom as prices declined again in December and the first week of January. The North Sea Brent front month futures price settled at $50.96/bbl on January 8, a decline of $21.58/bbl from December 1
2015
2015, January, 6, 13:25:00
ENERGY PRICE DECLINES
Two benchmark crude oils, West Texas Intermediate (WTI) and Brent, make up about 67% of the weighting in the S&P GSCI energy index. Petroleum-based products (gasoline, heating oil, and gasoil) together comprise another 29% of the S&P GSCI energy index, and because prices for these products generally follow crude oil prices, the index tends to follow the major price movements in the crude oil market.
2015
2015, January, 6, 13:20:00
EUROPE & ASIA: DOWN
Oil drama drives shares lower in Asia and Europe
2015
2015, January, 6, 13:15:00
SAUDI RISK STRATEGY
World's largest oil exporter is forcing prices lower to win back market share but the high-risk strategy will test the house of Saud like never before
2015
2015, January, 6, 13:10:00
U.S. CAN BE NEXT
US can be next Saudi Arabia for oil, says ex-US Treasury Secretary Summers
2015
2015, January, 6, 13:05:00
SAUDI RAISES PRICE
Saudi Arabia Raises Price of Main Oil Grade for Asian Buyers
2015
2015, January, 6, 13:00:00
U.S. OIL: MUCH WORSE
Biggest Oil-Rig Drop Since 2009 Spells Tough Year Ahead