Prices
![Prices](/cache/2015/01/CHEVRON-8.a2fde5dd.jpg)
2015, January, 31, 15:30:00
CHEVRON 2015: $31.6 BLN INVESTMENT
Chevron’s $35 billion capital budget down 13% from last year
![Prices](/cache/2015/01/SHELL-22.fedb78d2.jpg)
![Prices](/cache/2015/01/CONOCOPHILLIHS-3.a79393f8.jpg)
2015, January, 31, 15:10:00
CONOCO CUTS $2 BLN
ConocoPhillips has shed an additional $2 billion from its capital expenditures for 2015, decreasing total spending to $11.5 billion from the previously reported $13.5 billion, in response to the continued decline in oil prices.
![Prices](/cache/2015/01/TRINIDAD-1.cbc2e677.jpg)
2015, January, 31, 15:00:00
TRINIDAD DEEPWATER WELL
BHP to drill first deepwater well off Trinidad in 2016, energy minister says
![Prices](/cache/2015/01/TURKEY-5.4507bde0.jpg)
2015, January, 31, 14:45:00
TURKEY STREAM ROUTE APPROVED
The four strings will have an aggregate capacity of 63 billion cubic meters a year. 660 kilometers of the pipeline’s route will be laid within the old corridor of South Stream and 250 kilometers – within a new corridor towards the European part of Turkey.
![Prices](/cache/2015/01/CHINA-52.6aaf6527.jpg)
2015, January, 27, 20:55:00
OIL: LOWER LONGER
Oil prices will stay lower for longer after more than halving since June, Goldman Sachs' (GS.N) chief commodity analyst said, arguing in his latest research note that demand growth in China and other emerging economies is set to slow.
![Prices](/cache/2015/01/OPEC-18.86ae10a0.jpg)
2015, January, 27, 20:50:00
OIL PRICE: $200
OPEC’s secretary-general said oil prices as high as $200 a barrel are possible if producers fail to invest in new supply.
![Prices](/cache/2015/01/OIL-168.e3e0210f.jpg)
2015, January, 27, 20:40:00
SAUDI'S OIL FALLING
As the world’s oil producers wring their hands over a global glut that’s pushing down prices, evidence is mounting that Saudi Arabia is more concerned about shrinking demand.
![Prices](/cache/2015/01/SAUDI-20.246aa9ea.jpg)
2015, January, 27, 20:35:00
SAUDI WON'T BALANCE
Saudi Arabia won’t balance global crude markets on its own even as prices fall “too low for everybody” and threaten the investment needed to meet long-term demand, the head of Saudi Arabian Oil Co. said.
![Prices](/cache/2015/01/OPEC-17.78ed67f9.jpg)
2015, January, 25, 17:39:00
OIL PRICE COLLAPSE
After more than three years of US$100-110 per barrel oil, prices collapsed by nearly 50 percent in late 2014 as the market lost its "manager" after OPEC refused to cut production.
![Prices](/cache/2015/01/OIL-167.b8d93a65.png)
2015, January, 25, 17:35:00
OIL: CURRENCY DEPRECIATION
Currency depreciation against the dollar affects oil importers and exporters differently
![Prices](/cache/2015/01/OIL-166.75a97f0a.jpg)
2015, January, 25, 17:30:00
MAJORS CUTS $28 BLN
The world’s biggest energy companies are preparing to cut tens of billions of dollars from capital spending as they set out plans this week to respond to the drastic slide in oil prices.
![Prices](/cache/2015/01/USA-102.e16c7111.jpg)
2015, January, 25, 17:20:00
U.S. RIGS FALLS
The US drilling rig count fell 43 units to settle at 1,633 rigs working during the week ended Jan. 23, Baker Hughes Inc. reported.