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CNBCThe oil bottom is not in yet: Citi commodity chiefCNBCCrude prices have surged on hopes that OPEC and Russia may reach a deal to curtail output, but oil futures could fall to new lows as soon as next week, said Ed Morse, Citigroup's global head of
Admin 28.01.2016 0 48

With Purchase of BG Group, Shell's Chief Bets on Oil ResurgenceNew York TimesRoyal Dutch Shell's chief executive, Ben van Beurden, can breathe easier after shareholders backed his big gamble that oil prices would rebound. Only 17 percent of investo
Admin 28.01.2016 0 48

CNBCBrace yourself. Oil to get worse before it gets betterCNBCAfter U.S. crude prices broke below $30 per barrel for the first time in 15 years, the market is asking how low oil futures can go? Most analyses see it rebounding in the back half of 2016, but
Admin 13.01.2016 0 87

Oil's pain could result in Australian LNG gainThe AustralianLNG is sold at oil-related prices plus transportation costs. The Curtis Island plants are thought to be cash-positive at oil prices of around $US40 a barrel. Unhappily, of course, just as they
Admin 11.01.2016 0 86

CNBCPain to gain? Pro sees oil tripling by 2018CNBCOil investors are trying to survive a brutal start to the year. They're coping with crude prices sinking to 12-year lows as Chinese demand falls and ballooning U.S. stockpiles fuel fear. Relief, howeve
Admin 11.01.2016 0 60

CNBCFallen oil prices are like a baseball game: ExpertCNBCWhat do crude oil and a baseball game have in common? OPIS founder Tom Kloza said it's the need for a closer to come in and save the day. "I'm not sure we have Mariano Rivera out there
Admin 08.01.2016 0 45

CNBC3 Scenarios For Oil in 2016: RBC Commodity ChiefCNBCCrude oil may have rallied more than eight percent this week and is trading near 2004 lows, but it doesn't mean we've seen the bottom in the market. In fact, the recent bullish trend could be
Admin 28.12.2015 0 90

CNBCUS oil closes up 69 cents, or 1.94%, at $36.31 per barrelCNBCU.S. crude rose nearly 2 percent Monday, recovering slightly after moving within a hair of 11-year lows, as record short interest led to technical covering on fears that the market declined t
Admin 15.12.2015 0 57

USA TODAYOil industry cutbacks may not be enoughUSA TODAYChevron announced on Wednesday its decision to slash capital expenditures even further for 2016, cutting spending down to $26.6 billion, or about 24% below 2015 levels. "Our capital budget will
Admin 13.12.2015 0 59

CNBCDon't count out oil around $20: AnalystCNBC"I think it would be risky to rule out a $20 handle on oil right now," she told CNBC's "Squawk on the Street." "There are too many bearish factors and the market is very nervou
Admin 12.12.2015 0 60