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ReutersOPEC heading for oil cut extension with a caveatReutersVIENNA (Reuters) - OPEC and Russia are heading toward prolonging their oil supply cuts for the whole of 2018 but with an option to review the deal in June, OPEC sources said on Tuesday after Mos
Admin 29.11.2017 0 78

Financial TimesShell signals oil industry's financial comebackFinancial TimesRoyal Dutch Shell has restored its all-cash dividend and given the go-ahead for a $25bn share buyback in a sign of the strength returning to the oil industry after three years
Admin 28.11.2017 0 83

ReutersTough OPEC meeting looms amid specter of oil deficitReutersOPEC, Russia and nine other producers are cutting oil output by about 1.8 million barrels per day until March 2018, and on Thursday will discuss extending the deal. The market had largely ex
Admin 28.11.2017 0 103

ReutersOil falls on doubts over OPEC, pipeline restartReuters“We believe that the outcome of this meeting is much more uncertain than usual,” Goldman Sachs analysts said, suggesting that the oil market may have been wrong to assume that OPEC would agree to
Admin 28.11.2017 0 107

Arab NewsChinese demand teaser to weigh on Vienna oil summitArab NewsHenderson said: “Chinese demand has been rising fast, and is a big part in the rebalancing of the oil market. But will China continue buying as much crude if the price goes to $65 per bar
Admin 26.11.2017 0 90

ReutersOPEC, allies unlikely to delay decision on oil cut extensionReutersABU DHABI (Reuters) - OPEC and non-OPEC oil producers are moving toward deciding at their Nov. 30 meeting whether to extend a global agreement to curb oil supply further into 2018, t
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The Denver PostState cites Crestone Peak Resources for improperly plugging oil and gas wells near elementary schoolThe Denver PostThe Colorado Oil and Gas Conservation Commission cited Denver-based oil company Crestone Peak Resources after witnessing a cre
Admin 12.11.2017 0 107

StreetInsider.comOil markets creep higher on supply pact expectationsStreetInsider.comLONDON (Reuters) - Crude oil markets were slightly higher on Friday, supported by continuing supply cuts and expectations that an output deal will be extended at the end
Admin 10.11.2017 0 117

ReutersOil markets creep higher on supply pact expectationsReutersOn Friday Saudi-owned Al Hayat newspaper cited UAE Energy Minister Suhail bin Mohammed al-Mazroui as saying that oil producers will have little difficulty taking a decision on extending the
Admin 10.11.2017 0 82

BloombergOil prices slide after US drillers add rigsReutersNEW YORK (Reuters) - Crude was down slightly on Friday as expectations that OPEC and other producers will extend their production cut agreement were offset by U.S. drillers adding the most oil rigs
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