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Trump's Iran move and oilPetroleum EconomistBut no one in the oil market should discount the alternative scenario—that new US sanctions complicate Iranian oil exports, worsen the Middle East's geopolitics, and increase the risk of more regional con
Admin 13.10.2017 0 120

The GuardianChevron drops oil push in Great Australian BightMarketWatchMELBOURNE, Australia-- Chevron Corp. has abandoned plans for deep-water exploration wells off Australia's southern coast, the second oil major to be squeezed out of the Great Austra
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MarketWatchOil cuts losses by the finish as US crude supplies fall a third weekMarketWatchBut some analysts noted that the data were likely influenced by Hurricane Nate, which prompted the temporary shut in of as much as 85% of Gulf of Mexico oil productio
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MarketWatchOil slips despite larger draw in US stocksReutersOil has strengthened in recent weeks, but it is unclear whether U.S. crude prices will regain the high of nearly $53 a barrel reached in late September. A surprise build in gasoline inventories fe
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Financial TimesOil slips, despite larger draw in US stocksReutersBrent crude oil LCOc1 was down 62 cents at $56.32 a barrel by 1:43 p.m. ET (1743 GMT). U.S. light crude CLc1 was down 67 cents to $50.63 a barrel. Both benchmarks have risen more than 20 perc
Admin 12.10.2017 0 145

Oil and gas sector to see bumper September quarter earnings: CLSAMoneycontrol.comThe global research firm believes that companies such as Indian Oil, BPCL and HPCL are set to witness strong results. Further, a strong rise in gross refining margins quarter
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ReutersHas The Bear Market In Oil Finally Ended?OilPrice.comStrong demand growth and declining supplies are finally having the desired impact on high global crude oil inventories — which have been the single biggest factor behind the bear market in the ene
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Oil ends higher as OPEC hints at extended output curbsMarketWatchOil futures ended slightly higher Monday, finding some support after OPEC's secretary-general said the cartel and other oil producers might need to take additional measures in 2018 to reb
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Financial TimesOil prices climb after OPEC signals possible deal extensionReutersNEW YORK (Reuters) - Oil prices inched higher on Monday after one of the most bearish weeks in months, propped up by OPEC comments signaling the possibility of continued actio
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Financial TimesSaudi Arabia curbs oil exports to combat glutFinancial TimesThe remarks also underline how the Opec kingpin, and world's top oil exporter, is doubling down on its pledge to curb supplies and reduce excess global stockpiles that have kept
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