Nikkei Asian ReviewPetronas expects oil price around $50-$60/barrel for 3 yearsNikkei Asian Review"Any geopolitical event can also push up oil prices as the market is still rebalancing," said Petronas Vice President for Group Procurement Samsudin …

Malaysia's Petroliam Nasional Expects Oil Price Around $50-$60 Per BarrelNikkei Asian ReviewKUALA LUMPUR (Dec 04) -- Malaysia's Petroliam Nasional, or Petronas expects oil price to hover around $50 to $60 per barrel, the national oil and gas compan …

FinfeedUS oil production looms for East West EnergyFinfeedEast West Energy (ASX:EWE), a developing oil junior based in Australia, has agreed to purchase Rife Energy Operating LLC (REO), thereby acquiring a 100% interest in an oil production asset located i …

Wall Street JournalPutin Again Promises OPEC an Oil AgreementWall Street JournalRussian President Vladimir Putin sent oil prices rising Monday by voicing his support for curbs on petroleum output, a prospect that has proved difficult for Moscow to carry ou …

Wall Street JournalPutin Signs Up to Global Efforts to Limit Oil SupplyWall Street JournalISTANBUL—Russian President Vladimir Putin gave his support to international efforts to limit oil supply and boost prices Monday in the clearest sign yet that Russia m …

Wall Street Journal$60 Oil Not 'Unthinkable' This Year, Saudi Energy Minister SaysWall Street JournalISTANBUL—Saudi Arabia's energy minister Khalid al-Falih said that he was optimistic major oil producers could agree to cut production by Novemb …

FuelFix (blog)US Oil Rig Count Falls to 635 in Latest WeekWall Street JournalOil prices have traded in a tight range recently, with U.S. prices pivoting around the psychologically key $60-a-barrel level. Forecasts that the global glut of crude oil will shr …

FuelFix (blog)Oil layoffs reach 150000, recruiting firm saysFuelFix (blog)Swift said the layoffs are ubiquitous, impacting western oil producers, state-owned oil companies, oil field service firms, engineering and construction companies and manufacturers. …