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Irish TimesLosses soar to €1.7 billion at Tullow OilIrish TimesPlunging oil prices saw revenues plummet by 16 per cent at Tullow Oil in 2014 while “significant write-offs” and impairment charges saw losses before tax of $2 billion (€1.7bn) at the Irish exp
Admin 11.02.2015 0 150

Oil Drilling Slows as Crude Price DropsWall Street JournalThe U.S. oil boom is slowing down as drillers cut back in response to lower crude prices, according to new data set to be released on Wednesday. Companies drilled 28% fewer oil wells in January acro
Admin 11.02.2015 0 145

Wall Street JournalFalling Oil Prices Threaten Houston Building BoomWall Street JournalHOUSTON—The jagged skyline of this oil-rich city is poised to be the latest victim of falling crude prices. As the energy sector boomed in recent years, developers flock
Admin 11.02.2015 0 143

Oil Prices Rise Again in Volatile WeekWall Street JournalLONDON—Oil prices rose on Friday, capping a turbulent week that saw futures swinging between big gains and heavy losses. Market participants said oil prices, which have fallen more than 50% in the pa
Admin 06.02.2015 0 115

Wall Street JournalOil Stocks: The $393 Billion Wealth WipeoutMotley FoolThe impact from the plunging price of crude oil is sending shockwaves across the globe. Nations dependent on oil production, like Russia, Venezuela and Saudi Arabia, have witnessed pl
Admin 01.02.2015 0 136

Wall Street JournalUS Oil Jumps as Number of Drilling Rigs DropsWall Street JournalU.S. oil prices surged 8.3% as traders jettisoned bearish bets against the market after data showed a steep drop in the number of rigs drilling for oil in the country—a sign
Admin 31.01.2015 0 113

Seeking AlphaOil Prices Gain Ahead of Inventory Data, ECB MeetingWall Street Journal“Instead of ensuring a balanced market by adjusting supply as it did in the past, Saudi Arabia, the largest OPEC producer, still shows no inclination whatsoever to reduce i
Admin 22.01.2015 0 94

New York TimesOil Ticks Higher but Oversupply Concerns PersistWall Street JournalLONDON—Oil rose on Wednesday with the market in a wait-and-see mode ahead of key inventory data out of the U.S. and the European Central Bank's policy meeting. Market part
Admin 21.01.2015 0 83

ReutersOil plunges 3 percent to new five-year lows after bearish IEA outlookReutersRegulators in North Dakota, one of the largest shale oil producing states in the United States, also said on Friday the state's crude production held steady in October d
Admin 13.12.2014 0 105