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ReutersOil headed for weakest first-half performance in two decadesReutersSo far this year, oil has lost 20 percent in value, its weakest performance for the first six months of the year since 1997. Compliance with an agreement by the Organization of the P
Admin 21.06.2017 0 84

ReutersExclusive: PDVSA leaves Bahamas oil terminal, expands in St Eustatius - sourcesReutersHOUSTON Venezuelan state-run oil company PDVSA is moving millions of barrels of oil from a Bahamas storage facility after terminating a contract with the owner, U.
Admin 14.06.2017 0 74

Financial TimesCommodity currencies defy oil weaknessFinancial TimesCommodity currencies defied weakness in the price of oil and rallied against the dollar, amid a combination of stronger economic conditions and becalmed investor sentiment towards the gree
Admin 13.06.2017 0 80

ReutersOPEC ponders how to co-exist with US shale oilReutersThe history of the relationship between OPEC and the U.S. shale oil industry has evolved a great deal since the cartel discovered it had a surprise rival emerging in a core market for its oil arou
Admin 26.05.2017 0 79

ReutersOPEC meets to extend oil output cut, fight global glutReutersVIENNA OPEC and non-member oil producers began talks in Vienna on Thursday to extend output cuts, most likely by nine months, in an effort to clear a global stocks overhang and prop up cru
Admin 25.05.2017 0 75

ReutersOPEC, non-OPEC debating one-year oil cut extensionReutersThe Organization of the Petroleum Exporting Countries is to discuss in Vienna whether to prolong an accord reached in December in which it and 11 non-members agreed to cut oil output by about
Admin 25.05.2017 0 100

MarketWatchOil struggles for direction as traders weigh likelihood of 9-month output-cut extensionMarketWatchOil prices struggled for direction Wednesday, a day ahead of much-anticipated meeting of major oil producers that will help decide the fate of glob
Admin 25.05.2017 0 73

ReutersOil prices steady as market awaits extended output cutReutersBoth crude benchmarks have gained more than 10 percent from their May lows below $50 a barrel, rebounding on a consensus that the Organization of the Petroleum Exporting Countries and othe
Admin 24.05.2017 0 84

Does The Permian's Sweet Spot Hold 8 Times More Oil Than Predicted?OilPrice.comWhat with all the rig additions, land deals, and low breakeven costs, the Permian basin has been the subject of much love from the oil industry as of late, and recently revi
Admin 22.05.2017 0 67

ReutersOPEC heads towards supply cut extension as Saudi signals most on boardReutersSaudi Arabia's energy minister said on Sunday that extending the supply cuts by a further nine months until next March, and adding one or two small producers to the pac
Admin 21.05.2017 0 72