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CNBCOil ends higher, posts second consecutive weekly gain - MarketWatchMarketWatchOil futures hold gains after data shows U.S. producers added one additional rig this week, notching its second straight weekly advance.Energy shares in Asia climb as oil pric
Admin 24.02.2018 0 55

ReutersOil climbs with support from Libyan outage, Saudi commentsReutersPrices were buoyed by comments from Saudi Arabia's energy minister Khalid al-Falih, who said he expected oil market inventories to continue declining. The Organization of the Petro
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ReutersOil rises further above $66 as Libyan outage supportsReuters“The oil markets, it's clear, are rebalancing,” Falih, who is on a visit to India, said. “Many agencies have documented the decline in inventories and I think that'll continue in 20
Admin 24.02.2018 0 66

ReutersOil rises more than 1 percent as Libyan outage supportsReutersPrices were also buoyed by comments from Saudi Arabia's energy minister Khalid al-Falih, who said that oil markets are rebalancing and that he expected inventories to continue declini
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Newsweek7 Myths Big Oil Is Using to Convince People It Can Solve Climate ChangeNewsweekIn the past month alone, major players within the fossil fuel industry—“big oil”—have made some big announcements regarding climate change. BP revealed plans to reduce i
Admin 23.02.2018 0 75

ReutersOil slips to $66 a barrel as US output offsets OPEC curbsReutersOil also slipped as the U.S. dollar strengthened. A stronger dollar can make oil and other commodities denominated in the U.S. currency more expensive for other currency holders. The la
Admin 23.02.2018 0 70

ReutersOil pressured by high US crude exports; drop in crude stocks prevent bigger fallReuters“Part of that (inventory fall) is the shape of the oil curve which makes it uneconomic to store product,” said Greg McKenna, chief market strategist at futures br
Admin 23.02.2018 0 63

Row over Kenyan oil revenues threatens to delay productionReutersLOKICHAR, Kenya, Feb 23 (Reuters) - In the decades before oil was discovered in the northern Kenyan region of Turkana South, 100,000 poor villagers living in arid scrubland relied on a lone c
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Schlumberger, Subsea 7 in talks to form oil services joint ventureReutersSince 2015 Schlumberger and Subsea 7 have collaborated for some of their work in designing, building and laying oil and gas production installations on the seabed. The two firms now a
Admin 23.02.2018 0 107

Barron'sOil weighed by US crude exports; lower crude stocks prevent bigger fallReutersU.S. crude oil production was virtually unchanged last week at 10.27 million bpd, close to levels of top producer Russia and more than OPEC-kingpin Saudi Arabia pumps. Pr
Admin 23.02.2018 0 55