World oil prices rebounded slightly on Thursday after sharp losses the previous day sparked by surging crude stockpiles in the United States. US benchmark West Texas Intermediate for December delivery added 23 cents to $80.75 a barrel compared with Wednesday's …
Jeffrey Gundlach believes Saudi Arabia loves 'turning the screws' on rival Iran.
…Star bond investor Jeffrey Gundlach believes oil will plunge to $70 because Saudi Arabia loves 'turning the screws' on rival Iran.
…Neste Oil Corporation Interim Report 23 October 2014 at 9 a.m. (EET) Neste Oil`s Interim Report for January-September 2014 Strong market development in the third quarter. Full-year guidance revised. Third …
…Crude oil prices just keep falling, and gas prices are following suit. Many analysts think the downward trend in oil prices will continue, driving the average price at the pump in the US below $3.00 a gallon.
…Oil prices resumed their deep downward march on Wednesday, with U.S. After trading in a relatively narrower range for the past few days, Brent crude fell $1.68 at $84.56 a barrel at 2:37 EST (1824 GMT). The Energy Information Administration …
Global benchmark Brent reversed course after the U.S. Energy Information Administration said crude inventories rose by 7.11 million barrels, more than the 2.7 million-barrel increase analysts had expected. "The large crude oil build is the dominant feature of the report, …
Oil service stocks have posted mixed results in recent days, and with the recent slide in oil it will be interesting to see how these companies perform now.
…West Texas Intermediate oil fell $1.16 to $81.33 a barrel on the New York Mercantile Exchange at 1:37 p.m. An analysis of a group of wells on the same lease in La Salle County, in the heart of Texas's booming …
London (AFP) – World oil prices hit reverse Wednesday following news of surging stockpiles in top consumer the United States, with additional selling pressure from the stronger dollar.
…U.S. shale producers are cramming more wells into the juiciest spots of their oilfields in a move that may help keep the drilling boom going as prices plunge.
…Caracas (AFP) – Sliding oil prices are deepening the budget crisis facing the Venezuelan government, which is already struggling to fund its lavish subsidies and rigid exchange-rate controls, analysts say.
…In the oil boom towns of North Dakota, Texas and Colorado there's a big demand for new homes — but there's no one to build them.
…Those giant offshore oil platforms dotting California’s coastline look like the least friendly marine habitat you could find.
…Brent crude oil ended up almost 1 percent on Tuesday, helped by data showing stronger-than-expected China demand and some technical price recovery after weeks of almost uninterrupted selling. Analysts and traders cautioned, however, that global economic data, especially out of …
Investors are putting money into funds that track oil prices at the fastest rate in two years, betting that crude will rebound from a bear market. The four biggest oil exchange-traded products listed in the U.S. Shares outstanding of the …
Oil prices dipped to around $92 per barrel in early October
…Oil prices rose in volatile trade on Thursday, as data showing tight U.S. By the end of the session, oil prices had given up much of those gains, but remained higher on the day. Brent crude for December delivery (LCOc2) …
NEW YORK (AP) — A sudden plunge in the price of oil is sending economic and political shockwaves around the world. Oil exporting countries are bracing for potentially crippling budget shortfalls and importing nations are benefiting from the lowest prices …
Marathon Oil Corp. (MRO) announced that it has completed the sale of its Norway operations.
…Prices are down 25 percent since June, unleashing ripples around the globe that range from lower gas prices in the U.S. to budget problems in Russia to political pressures in the Middle East.
…Oil is down 25 percent since June, unleashing ripples around the globe that range from lower gas prices in the U.S. to budget problems in Russia to political pressures in the Middle East.
…Recent oil price drops could halt drilling in several North Dakota counties and force the state to reevaluate its budget, the state's top oil regulator said Wednesday. North Dakota oil prices have been …
…Oil prices continue to drop, putting pressure on producers worldwide. Venezuela may have the most to lose from a prolonged slide in oil prices.
…These country ETFs could be hit hard by the oil slump.
…The bear market in oil is showing the world there's still only one country in a position to choose winners and losers in the global market: Saudi Arabia. Energy producers in turmoil, such as Russia, Iran and Venezuela, stand to …
By Corina Pons CARACAS (Reuters) – The slump in global oil prices has heightened pressure on President Nicolas Maduro to enact politically risky reforms to bolster Venezuela's weak public finances and its ability to pay down debt. Crude prices under …
The global crash in crude prices is reverberating through the oil and gas industry, pressuring producers to curtail investment to protect profits and avoid cuts to dividend payments. The world's largest oil companies have rarely spent so much for so …
NEW YORK (AP) — A sudden plunge in the price of oil is sending economic and political shockwaves around the world. Oil exporting countries are bracing for potentially crippling budget shortfalls and importing nations are benefiting from the lowest prices …
Exxon Mobil Corp., Royal Dutch Shell Plc and Total SA are already paring back as new investment fails to yield positive returns. Total said last month that capital spending in 2017 will be 11 percent below 2013’s peak.
…