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Game of oil: Behind the OPEC dealAl Jazeera AmericaFor the first time in eight years, the Organization of the Petroleum Exporting Countries (OPEC) has decided to cut its oil production. A deal to remove around 1.2 million barrels of oil per day from global
Admin 03.12.2016 0 81

MarketWatchOpinion: Big Oil is in decline, and the OPEC deal can't rescue itMarketWatchThe big news this past week was a massive OPEC deal that finally made good on talk about a worldwide cut in oil production. In case you missed it, the agreement reso
Admin 03.12.2016 0 77

Wall Street JournalOil Prices Rise for Third Straight DayWall Street JournalOil prices rose for a third straight day on Friday, after OPEC's agreement to cut output for the first time in eight years. U.S. crude futures rose 62 cents, or 1.21%, to $51.6
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Natural Resources Defense CouncilThe Hudson Is No Place For Oil BargesNatural Resources Defense CouncilIt's difficult to put into words my appreciation for the Hudson River. From its source in Lake Tear of the Clouds at the foot of Mount Marcy to its t
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RTOil poised to fall to $40 without OPEC agreement to freeze production – GoldmanRT“The lack of an agreement so far has pushed oil prices sharply lower, with weakening oil fundamentals warranting oil prices in the low $40s a barrel in our view if OPEC is u
Admin 01.11.2016 0 76

NPREarly 20th Century Earthquakes May Have Been Caused By Calif. Oil BoomNPRA new study suggests some Los Angeles-area earthquakes in the 1920s and 1930s could have been caused by the oil boom at the time. The paper, scheduled to be published online Tuesda
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Wall Street JournalDow Industrials Slip, Log Third Straight Month of LossesWall Street JournalShares of oil-field-services company Baker Hughes fell 6.3% on news that it had reached a deal to combine with the oil-and-gas business of General Electric. Share
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Investor's Business DailyDow Falls Third Month in a RowWall Street JournalShares of oil-field-services company Baker Hughes fell 6.3% on news that it had reached a deal to combine with the oil-and-gas business of General Electric. Shares of GE fell 0.4%. T
Admin 01.11.2016 0 71

Business InsiderCrude oil is tumbling after another OPEC meeting flopBusiness InsiderOil prices dropped about $2 a barrel on Monday to hit one-months low on doubts about OPEC's planned production cut and a build in U.S. crude inventories at the Cushing
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Wall Street JournalWith Oil Deal, GE CEO Immelt Revamps His StrategyWall Street JournalBut the complex transaction, which will carve out GE's oil-and-gas business into a separate publicly traded company, also raises questions about how far Mr. Immelt w
Admin 01.11.2016 0 86