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SaharaReporters.comNiger Delta Communities In Rivers State Shut Down Shell's Oil Flow-StationSaharaReporters.comMembers of the Belema and Offoin-Ama communities in Rivers State this morning shut down operations by oil giant, Shell, at the Belema flow-s
Admin 13.08.2017 0 87

Financial TimesSurprise, Surprise! - Another 230 Million Barrels Of Oil Found In StorageSeeking AlphaNow we know another reason why the oil production cut deal has been ineffective and will continue to be for some time. Changes in stockpile build-up since
Admin 12.08.2017 0 91

ReutersVenezuela's PDVSA oil revenue tumbles amid lower prices ...ReutersCARACAS ( Reuters) - Venezuelan state oil company PDVSA's revenue from oil and fuel sales in 2016 dropped 34 percent from the previous year to $48.0 ...and more &raq
Admin 12.08.2017 0 80

Oil settles higher, but post weekly decline, ahead of OPEC compliance confabMarketWatchOil futures finished the session sharply higher on Friday, but booked a weekly loss, as investors focused on a decline in rigs drilling for oil against a coming OPEC mee
Admin 05.08.2017 0 96

ReutersUS shale oil producers cannot shake impulse to keep pumpingReutersHOUSTON (Reuters) - With slumping crude oil prices stuck below where they started this year, U.S. shale oil producers have cut more than $1.2 billion from their 2017 spending budgets,
Admin 04.08.2017 0 73

InvestopediaGold, Silver and Oil Heading Into ResistanceInvestopediaGold, silver and oil have been rallying in July, but the overall outlook does not appear so rosy. The rally has pushed prices into descending channel resistance levels, which have sent pri
Admin 28.07.2017 0 81

How Oil Prices Are Held Hostage By DerivativesOilPrice.comIn the wet barrel/paper barrel situation, the underlying oil – the wet barrels – has a value determined by market use. However, aside from introducing a new piece of paper on which trading can take
Admin 28.07.2017 0 93

Seeking AlphaAre Oil Products At Highs?Seeking AlphaThe price of crude oil fell from over the $50 per barrel level on nearby NYMEX futures in the middle of May to lows of $42.05 on a combination of events. The lack of a deeper production cut from OPEC at t
Admin 27.07.2017 0 89

Reuters.comEurope's oil giants recover from three-year slumpReuters.comLONDON/PARIS (Reuters) - Europe's major oil and gas companies have turned a corner after a three-year slump, reporting strong growth in profits as cost cutting paid off and vowi
Admin 27.07.2017 0 98

ReutersEurope's oil giants recover from three-year slumpReutersLONDON/PARIS (Reuters) - Europe's major oil and gas companies have turned a corner after a three-year slump, reporting strong growth in profits as cost cutting paid off and vowing to pr
Admin 27.07.2017 0 96