News
2014, November, 4, 20:05:00
SAUDI OIL PRICES DOWN
Saudi Arabian Oil Co. lowered the cost of its crude to the U.S., where production is the highest in three decades, deepening a selloff that sent prices to the lowest in more two years.
2014, November, 4, 20:00:00
HALLIBURTON: OIL PRICE WILL UP
Halliburton CEO Expects Shale to Reverse Oil Price Slump
Halliburton Co. (HAL) Chief Executive Officer Dave Lesar is joining the chorus of oil executives who say they aren’t worried about falling oil prices, and expect them to climb next year.
2014, November, 4, 19:50:00
OIL PRICES DROPPED
West Texas Intermediate dropped to the lowest intraday level in three years as Saudi Arabia cut prices for crude exports to U.S. customers amid speculation that stockpiles increased. Brent extended losses in London.
2014, November, 4, 19:45:00
OIL PRICES FALLING
Oil prices are in free fall this morning after it emerged that Saudi Arabia, the world's largest exporter, had slashed its contract price for its US customers in a further sign of an escalating war for control of global energy markets.
2014, November, 3, 21:40:00
GLOBAL CLIMATE CHANGES COST
Scientists say cost of avoiding runaway climate change is low
2014, November, 3, 21:35:00
SAUDI: OIL PRICES MUST FALL
The standoff between Russia and the West over Ukraine has increased Europe's quest for alternative suppliers of oil and gas and Canada's exports to Europe have already started to pick up in the last few months.
2014, November, 3, 21:30:00
RUSSIA SANCTIONS: NO AFFECT
Russian oil and gas production hasn't been affected by Western sanctions
2014, November, 3, 21:25:00
STATOIL: GIGANTIC PROGECT $199.21 BLN
Norway’s Statoil AS A said on Monday that the giant Johan Sverdrup oil field in the North Sea could generate revenue of 1.35 trillion Norwegian kroner ($199.21 billion) over the next five decades.
2014, November, 3, 21:20:00
EUROPE: ALTERNATIVE SUPPLIERS $12 BLN
The standoff between Russia and the West over Ukraine has increased Europe's quest for alternative suppliers of oil and gas and Canada's exports to Europe have already started to pick up in the last few months.
2014, November, 1, 12:50:00
OIL PRICES TRENDS
Brent crude capped a sixth weekly loss, the longest losing streak since 2002, as OPEC boosted production to a 14-month high amid a global surplus.
2014, November, 1, 12:45:00
OPEC: OIL PRICE WAR
Members of OPEC, the group that supplies 40 percent of the world’s oil, are engaged in an internal price war as they seek to preserve their share of an oversupplied market
2014, November, 1, 12:40:00
OIL PRICES: BLEAK FUTURE: $85/BBL
Oil prices are likely to be mired near their lowest levels in more than four years in 2015 and investments will take a backseat, underlining a gloomy outlook for the industry.