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ReutersOil prices slip despite expected OPEC extension of output cutsReutersThe OPEC-led deal helped lift oil from the $30 to $40 per barrel range in late 2016/early 2017. But traders say supplies remain ample despite these cuts, thanks in large part to su
Admin 12.10.2017 0 98

ReutersOil drops on rising US crude inventories, OPEC seen to extend cutsReutersIn Venezuela, an OPEC-member with huge oil reserves, an economic and political crisis is threatening production, and the government is also at loggerheads with the Trump admini
Admin 12.10.2017 0 89

Cheap oil is here to stay, although new Iran sanctions pose risk: FGEReutersSINGAPORE (Reuters) - Oil prices will remain relatively low in the next year or two as supplies remain ample despite ongoing cuts by OPEC, although potential new sanctions by the U
Admin 11.10.2017 0 81

Nigeria's Oranto Petroleum signs Uganda oil exploration dealReutersCAPE TOWN (Reuters) - Nigeria's Oranto Petroleum has signed two production sharing agreements with Uganda to explore for oil and gas around Lake Albert, the company said on Tuesday.
Admin 10.10.2017 0 90

The “Amazon Effect” Is Coming To Oil MarketsOilPrice.comNow, things are beginning to change, and some observers, such as Cottonwood Venture Partners' Mark P. Mills, believe we are on the verge of an oil industry transformation of proportions identical
Admin 10.10.2017 0 65

IEA Head Sees Oil Prices Subdued On Non-OPEC Supply GrowthOilPrice.comNon-OPEC producers not part of the production cut deal continue to raise crude oil supply, which would continue to cap oil prices in the near future, the executive director of the Intern
Admin 05.10.2017 0 66

The Conversation AUThe oil and gas sector needs to diversify if it wants to prosperThe Conversation AUOne does not have to look far to see signs that the oil and gas industry has a bumpy road ahead. Demand might stay high for decades, but given the dizzyin
Admin 05.10.2017 0 58

Oil prices fall for a third session to lowest settlement in over two weeksMarketWatchOil prices fell Wednesday for a third-straight session, settling at their lowest level in more than two weeks. Prices saw volatile trading as the market weighed recent dat
Admin 05.10.2017 0 62

ReutersIran says OPEC met oil output cut pledges by just over 100 percent in September: RIAReutersMOSCOW (Reuters) - Iranian Oil Minister Bijan Zanganeh said on Wednesday that OPEC members had fulfilled their obligations under a global oil output cut deal
Admin 04.10.2017 0 70

BloombergSenate Republicans Pave Way for Oil Drilling in Alaska RefugeBloombergMurkowski and fellow Alaska Republican Senator Dan Sullivan have previously backed legislation that would allow oil and gas development on as much as 2,000 acres (809 hectares)
Admin 30.09.2017 0 82