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Financial TimesOil and iron ore surgeFinancial TimesOil on Monday jumped back above $40 a barrel for the first time this year and iron ore saw its largest one-day gain on record, as more traders bet that the worst of the 20-month commodity rout is over. Th
Admin 08.03.2016 0 74

QuartzThe oil industry is using solar power in an ironic new wayQuartzThere's a huge project taking shape in the deserts of Oman. It will extract crude oil from the ground by pumping vast quantities of steam into it. To produce the steam, water will be
Admin 19.02.2016 0 52

CNBCOil to go to $50 by the end of the year: AnalystCNBCRussia and OPEC countries talked about an oil production freeze this week, but Iran did not commit to following suit. Iran's oil minister did say, however, that the country is supportive of initia
Admin 19.02.2016 0 47

CNBCSaudis and Russia speak, but oil goes lower?CNBCThe oil market rallied on Tuesday morning as chatter emerged that Qatar, Venezuela, Saudi Arabia and Russia met to freeze output of oil at January levels. After the brief rally, oil resumed its bearish po
Admin 17.02.2016 0 68

Business InsiderMexico's oil industry now has an organized-crime problemBusiness InsiderMexican oil prices fell after a brief rally earlier this week, slipping to $24.47 a barrel on Tuesday and prolonging the slide of one of the country's most lucr
Admin 07.02.2016 0 62

CNBCOil tax law? Not going to happen: BernsteinCNBCPresident Barack Obama is expected to propose a $10-a-barrel tax on oil companies in his last budget proposal. The initiative aims to create a new clean transportation plan prioritizing the reducing of gre
Admin 06.02.2016 0 64

CNBCIt's a terrible time for Iranian oil: RBC's CroftCNBCThe United Nations announced the removal of Iran's Bank Sepah and its international subsidiary from a sanctions list on Monday. The move has reignited investor's concern about new Ira
Admin 20.01.2016 0 58

CNBCIf Aramco goes public this will happen: BlanchCNBCThe oil slide is not over yet — we still have a few dollars to go, Francisco Blanch, head of global commodities at Bank of America Merrill Lynch, told CNBC's "Closing Bell" on Friday. &quo
Admin 09.01.2016 0 45

CNBCHow will the Saudi-Iranian conflict affect oil?CNBCInvestors are eyeing oil amid Middle Eastern tension with fears that the conflict could boil over into the oil market. After a brief Brent rally of more than 4 percent, the commodity closed down on Mon
Admin 05.01.2016 0 54

Cheap oil slows UW's plan for tree-based biofuelsThe Seattle TimesBut making fuel out of trees only makes good economic sense if oil sells for at least $80 a barrel, says Rick Gustafson, professor of bioresource science and engineering in the UW's
Admin 01.01.2016 0 59