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ReutersOil down 2 percent as Russian output cuts stallReutersRussia's February oil output was unchanged from January at 11.11 million barrels per day (bpd), energy ministry data showed, with cuts remaining at 100,000 bpd or just a third of the levels p
Admin 03.03.2017 0 58

ReutersOil down on record US crude stocks, flat Russian outputReutersCrude inventories in the United States, the world's biggest oil consumer, rose by 1.5 million barrels last week to a record 520.2 million barrels, official figures showed. <EIA/S&g
Admin 02.03.2017 0 85

MarketWatchOPEC's strategy to buoy oil prices is all wrong, oil economist saysMarketWatchSpeaking at the International Petroleum Week in London earlier this week, Helm struck a decidedly dour outlook on the oil industry, arguing that history suggests p
Admin 25.02.2017 0 73

MarketWatchOil prices step back, with US rig count data aheadMarketWatchOn Thursday, oil prices got a boost from U.S. Energy Information Administration data that showed crude stockpiles there grew less than expected last week. West Texas Intermediate futur
Admin 24.02.2017 0 102

ReutersOil futures suggest bullish funds' big bet on price may pay offReutersFund managers now hold more Brent oil futures and options contracts than at any time on record, equivalent to some 480 million barrels of oil and nearly double the amount held
Admin 24.02.2017 0 66

BloombergIndia's Auto Sales Trigger Oil Demand Rising 11% to RecordBloombergIndia's oil consumption surged 11 percent to the most on record last year as rising income levels spur greater use of cars, trucks and motorbikes, expanding fuel demand. Th
Admin 11.01.2017 0 72

East Bay TimesLivermore oil driller seeks larger underground disposal areaEast Bay TimesSome environmentalists will speak out against the proposal by E&B Natural Resources for federal permission to expand the aquifer exemption area where it is permitte
Admin 11.01.2017 0 70

BloombergBig Oil Hits Sweet Spot as New Projects Reap Rewards of RecoveryBloombergBig Oil is poised to reap rewards this year as investments made before the crude-price slump pay off just as the recovery starts. Seven of the world's largest energy comp
Admin 11.01.2017 0 59

BloombergIndia's Oil Use Jumped 11% to Record Last Year as Demand GrowsBloombergIndia's oil consumption surged 11 percent to the most on record last year as rising income levels spur greater use of cars, trucks and motorbikes, expanding fuel demand
Admin 11.01.2017 0 89

ReutersOil slides 2 percent on strong dollar, doubts of OPEC output cutsReutersOil prices "are consolidating at the lower levels ... after doubts emerged over the degree of compliance with OPEC production cuts as Iraqi exports remain high, as well as
Admin 11.01.2017 0 72