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CNBCUS crude oil dives 6% to fresh one-year low as stock market slidesCNBCOil prices dropped sharply on Tuesday, snapping a four-day winning streak amid concerns about rising global supplies as OPEC weighs a possible cut in production. Growing fears of an
Admin 20.11.2018 0 85

Financial PostOil markets are heading into unprecedented time of uncertainty, world's energy watchdog warnsFinancial Post“As a result, what we see today is that markets are well supplied and the (oil) price went down by US$20,” Birol said. “But the glo
Admin 20.11.2018 0 85

CNBCUS crude plunges 4.2%, settling at $66.43, in biggest daily loss in three monthsCNBCOil prices fell more than 4 percent on Tuesday, pressured by stock market weakness and vows by top oil exporter Saudi Arabia to meet the demands of the world's oil
Admin 24.10.2018 0 76

CNBCOil prices plunge 4% as stock market tumbles, Saudis say they'll meet demandCNBCOil prices fell more than 4 percent on Tuesday as investors sold off stocks amid concerns about slowing global economic growth. Crude futures were already under pressur
Admin 24.10.2018 0 66

Chron.comBP doubles power of oil-finding supercomputerChron.comBritish oil major BP has more than doubled the power of the supercomputer that discovered 200 million barrels of oil in a hidden Gulf of Mexico cache last year. The machine is now the most powe
Admin 14.12.2017 0 64

MINING.comTop Insurer Axa To Exit Oil SandsOilPrice.comThe oil industry is quickly turning into a pariah as more institutional investor are divesting their fossil fuel portfolios. The latest blow to oil's popularity among investors came from French ins
Admin 14.12.2017 0 60

CNNMoneyAlabama upset, Fed decision; Oil watchCNNMoneyOil watch: Investors will check OPEC's monthly report to see if producers are sticking to output cuts designed to reduce a massive oil glut. OPEC and major producers including Russia agreed last mon
Admin 13.12.2017 0 53

Daily NationKenya needs to guard against oil resource curseDaily NationThis photo taken on July 13, 2014 shows the oil exploration site in Nakukulas village, Turkana County. Kenya will receive a lot of foreign currency when the sale of crude oil to other c
Admin 25.11.2017 0 49

ReutersBASF in talks to merge oil and gas unit with Fridman's DEAFinancial TimesGerman chemicals group BASF announced its oil and gas unit, Wintershall, is in talks to merge with DEA, the oil and gas business spun off by RWE in 2014. DEA was purchased
Admin 24.11.2017 0 60

CNNMoneyBlack Friday; Oil up; German optimismCNNMoney1. Black Friday: U.S. stock markets will close early on Friday, but retailers are hoping that shoppers go all day and night. Shoppers are expected to spend more than ever before during the coming weeks -
Admin 24.11.2017 0 62