ReutersOil stable as OPEC says it is committed to rebalance marketsReutersSINGAPORE Oil prices were stable on Wednesday as OPEC said it was committed to draw down a global supply overhang that has dogged markets since 2014, although bloated U.S. output and …
Marketplace.orgWhy boom-bust oil prices may be here to stayMarketplace.orgOnce again, oil is the global economic wild card. Energy analyst Robert McNally's book on the topic is called “Crude Volatility: The History and the Future of Boom-Bust Oil Price …
ReutersOil rises, Treasury yields fall on political risk viewReutersBrent crude futures LCOc1, the international benchmark for oil prices, settled up 1.3 percent at $55.98 per barrel and U.S. crude futures CLc1 settled up 1.6 percent at $53.08. The S&P …
ReutersUS stocks rise with oil futures, investors await earningsReuters"Markets are taking some comfort in that," said Jeffrey Kleintop, Chief Global Investment Strategist at Charles Schwab in Boston. "When we go below $50 investors worry ab …
CBS NewsSenator demands White House review of Russian claim to US oilCBS News30 between Rosneft and PDVSA, the Venezuelan state-owned oil company, means the Russian company will ultimately claim at least 49.9 percent of U.S. oil company Citgo. Rosneft' …
Why The Oil Industry Has To Go DigitalOilPrice.comThe oil industry has been notoriously slow in joining the digital age, but now it has been forced to do it as the efficiency drive trumps expansion in the post-oil crisis world. For software solutions devel …
RudawUPDATE: Kurdish forces enter North Oil Company in KirkukRudaw"Deployment of troops in Kirkuk is to show Baghdad, Kirkuk's oil is for the people of Kirkuk," Aso Mamand, the Head of PUK's office in Kirkuk, said at a press conference on …
BloombergExxon's new CEO: We need to be nimble in this OPEC-driven oil marketCNBCDarren Woods, the new chairman and CEO of Exxon Mobil, told CNBC the oil giant is not making plans based on current crude price rises. "Our view on oil prices is ther …
CNBCRex Tillerson works for the US now, not Big Oil, Exxon's new CEO saysCNBCRex Tillerson will act only in the nation's best interests now that he is secretary of State, the man who succeeded him as Exxon Mobil chief told CNBC. "Having worked …
BloombergExxon Caves to Oil Crash With Historic Global Reserves CutBloombergExxon Mobil Corp. disclosed the deepest reserves cut in its modern history as prolonged routs in oil and natural gas markets erased the value of some North American fields. The equ …