Trends
2015, January, 11, 14:40:00
2015: DROP E&P SPENDING
Sharp drop expected in global E&P spending in 2015
2015, January, 11, 14:30:00
ASIAN OIL BOOMERANG
Plunging oil prices have sparked a big rally in Asian government bond markets as lower fuel costs cut inflation expectations, but the rally could be built on shallow foundations as monetary policymakers remain out of step with tumbling bond yields.
2015, January, 11, 14:25:00
RUSSIAN GAS PRICES
After last year’s plunges in oil and the ruble, Russian President Vladimir Putin now has another thing to worry about: the price of natural gas.
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, 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, 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, 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, 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, January, 6, 13:00:00
U.S. OIL: MUCH WORSE
Biggest Oil-Rig Drop Since 2009 Spells Tough Year Ahead
2015, January, 6, 12:50:00
RUSSIA & IRAQ OIL SUPPLIES
Oil supplies in Iraq and Russia surged to the highest level in decades, signaling no respite in early 2015 from the glut that has pushed crude prices to their lowest in five years.
2015, January, 6, 12:45:00
RUSSIA & INDIA: SHALE OIL
Oil & Natural Gas Corp. (ONGC), India’s biggest energy explorer, is banking on the world’s largest shale oil reserves to save its Russian acquisition. Stumbling blocks include oil prices at a five-year low and U.S. sanctions.
2015, January, 4, 21:35:00
RUSSIAN LNG INVESTMENTS UP
Russia announced state aid for a major energy project on Wednesday under a drive to shore up strategic firms as well as public faith in its banking system during an economic crisis deepened by Western sanctions.
2015, January, 4, 21:30:00
RUSSIA & CHINA PARTNERSHIP
Russian-Chinese energy partnership gaining momentum