Post Tagged with: "shrug off"

Source: Reuters

Oil markets shrug off Russian political turmoil

Nasdaq


LONDON – Oil prices fell on Monday after a revolt by Russian mercenaries over the weekend, though the political instability did not appear to pose an immediate threat to oil supply from one of the world’s largest producers.

Brent …

Oil exploration picking up as drillers shrug off recession threat

Oil exploration picking up as drillers shrug off recession threat

World Oil


(Bloomberg) — Schlumberger said annual sales will rise the most in 11 years as concern over inadequate energy supplies outweighs recessionary fears among major oil explorers.

 

Citing the biggest jump in demand for its services in more …