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Oil Prices Fall As Markets Question OPEC CutsOilPrice.comNRG Energy (NYSE: NRG) and JX Nippon Oil & Gas Exploration Corporation (JX Nippon) launched the world's largest carbon capture system at their Petra Nova facility in Texas. The CO2 from the c
Admin 11.01.2017 0 67

ReutersOil extends losses as OPEC cut doubts weighReutersBoth contracts fell more than $2 a barrel, or around 4 percent, on Monday on doubts that OPEC and other key oil producers would cut output as promised to try to reduce global oversupply. The dollar r
Admin 11.01.2017 0 61

RTOil prices running out of reasons to rallyRTOil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in U.S. shale production. For the better part of two months, optimism surrounding the OPEC deal has buoyed
Admin 10.01.2017 0 85

ReutersOil prices steady after recent falls on weaker dollarReutersRising oil prices through December encouraged investors to buy large volumes of crude oil futures contracts and many of these "long" positions are likely to be unwound unless the
Admin 10.01.2017 0 89

ReutersOil down four percent on concerns over rising Iraqi exports, US outputReutersIn Iraq, OPEC's second-biggest producer, oil exports from the southern Basra ports reached a record high of 3.51 million barrels per day (bpd) in December, the oil mini
Admin 10.01.2017 0 85

ReutersOil down 3 percent on concerns over rising Iraqi exports, US outputReutersIn Iraq, OPEC's second-biggest producer, oil exports from the southern Basra ports reached a record high of 3.51 million barrels per day (bpd) in December, the oil ministr
Admin 10.01.2017 0 76

The NationalSigns of recovery adding up for US oil sectorThe NationalThe US oil sector is showing further signs of recovery from the depths reached early last year, particularly in west Texas. Rig counts are up, job postings in the sector have risen by hal
Admin 02.01.2017 0 120

gulfnews.comArab oil export group can do its bit for environmentgulfnews.comOAPEC and Opec are founding members of the Oxford Institute for Energy Studies (OIES), established in November 1982, and which became one of the most important seminars on oil and
Admin 01.01.2017 0 113

Fox BusinessThe 5 Best Oil Stocks of 2016Fox BusinessWhile crude prices stumbled into 2016, they found their footing by mid-year and roared back to life, ending the year up about 42%. Those rising prices lifted most oil stocks. However, a handful of large-
Admin 01.01.2017 0 82

Wall Street JournalOil Posts Biggest Annual Gain Since Financial CrisisWall Street JournalOil in 2016 had its biggest annual gain since the financial crisis, even in a year that also sent prices dipping to a decade low. Saudi Arabia and its allies in the O
Admin 31.12.2016 0 83