Prices
![Prices](/cache/2015/02/OIL-175.719cf9a6.jpg)
2015, February, 14, 14:55:00
OIL PRICE: FIRSTLY $60/BBL
Oil tops $60 for first time in 2015, industry cutbacks support
![Prices](/cache/2015/02/OIL-176.e5c35fd7.jpg)
2015, February, 14, 14:50:00
OIL PRICES: 2015: $58/BBL; 2016: $75/BBL
Brent crude oil prices will average $58/bbl in 2015 and $75/bbl in 2016
![Prices](/cache/2015/02/ROSNEFT-76.89b4e4ae.png)
2015, February, 14, 14:45:00
OIL PRICES UNCERTAINTY
Crude oil prices moved higher toward the end of January and into the first week of February.
![Prices](/cache/2015/02/ROSNEFT-77.d5b1a37c.jpg)
2015, February, 14, 14:40:00
OIL PRICES: FUNDAMENTAL UNBALANCE
“So, fundamentally, the crisis in oil prices in 2014 – is just a ripple on the water compared to the oversupply tsunami of 1985. The amount of excess capacity is five times less. Operating costs are 2-3 times higher. Instead of a deep drop in demand – a growth is recorded. The rate of decline in marginal production – is ten times higher. There is a clear unbalance between fundamental drivers and the observed price dynamics” - highlighted Rosneft Head.
![Prices](/cache/2015/02/USA-118.b686c149.jpg)
2015, February, 14, 14:30:00
US LOSES OIL RIGS
BHI: US rig count continues 11-week dive, loses 98 more units
![Prices](/cache/2015/02/OIL-194.2eff3748.jpg)
2015, February, 14, 14:25:00
OIL TOP LOSER
The United States will remain the world’s top source of oil supply growth up to 2020, even after the recent collapse in prices, the International Energy Agency said, defying expectations of a more dramatic slowdown in shale growth.
![Prices](/cache/2015/02/HALLIBURTON-6.e7b03d90.jpg)
2015, February, 14, 14:20:00
HALLIBURTON WILL ELIMINATE 5,000 JOBS
Halliburton says it will eliminate at least 5,000 jobs
![Prices](/cache/2015/02/OIL-177.c2dae067.jpg)
2015, February, 14, 14:10:00
GASOLINE DEMAND WILL INCREASE
EIA expects gasoline demand to increase by nearly 1% in 2015
![Prices](/cache/2015/02/SAUDI-22.1bb1da81.jpg)
2015, February, 14, 14:05:00
SAUDI BUDGET INSULATED
Saudi Arabia budget insulated from effects of lower oil prices
![Prices](/cache/2015/02/gas-51.d83ba02f.jpg)
2015, February, 14, 13:50:00
GLOBAL GAS DEFICIT
Russia's Yamal LNG sees global liquefied gas deficit by 2018
![Prices](/cache/2015/02/AUSTRALIA-5.65b82aca.jpg)
2015, February, 14, 13:45:00
AUSTRALIA RECIEVES GAS
Australia Pacific LNG receives first gas at Curtis Island
![Prices](/cache/2015/02/JAPAN-12.48519c2d.jpg)
2015, February, 14, 13:40:00
JAPAN CUTS PRICES BY 38%
Contract LNG prices in Japan projected to fall 38% through 2016
![Prices](/cache/2015/02/TURKEY-7.7ef22ded.jpg)
2015, February, 11, 20:55:00
RUSSIA: NEW PIPELINE
Turkey's energy minister and Russia’s Gazprom chief took a helicopter ride over the Black Sea to survey a possible route of the “Turkish Stream” pipeline Saturday.
![Prices](/cache/2015/02/USA-117.9beb1045.jpg)
2015, February, 7, 17:19:00
U.S. & RUSSIA FIGHT
The United States and Russia are once more locked in what could be a generation-defining conflict, and Europe is yet again the core battleground. But this Cold War reprise isn’t about military supremacy.