Aljazeera.comIraq's Kurds and Iran eye an oil dealAljazeera.comErbil – Iran and the Kurdistan Regional Government (KRG) have hammered out the technical details of a plan to build a pipeline that could transfer as much as 250,000 barrels a day of Kurdis …
ReutersRosneft's Sechin says Saudi Arabia, US and Russia call shots on oil marketsReutersMOSCOW Igor Sechin, the head of Russia's top oil producer Rosneft, said on Tuesday that Saudi Arabia, the United States and Russia were the three main players …
Wall Street JournalRosneft CEO Dismisses Idea of Joining Potential OPEC Output CutWall Street JournalLONDON—Hopes that oil producers would join forces to boost prices were dimmed on Wednesday, as a top Russian energy official dismissed talk of lowering pro …
Wall Street JournalLow Oil Prices Starting to Hurt Global Economy, OPEC SaysWall Street JournalThe lowest crude-oil prices in a decade are starting to hurt the global economy and aren't increasing consumer demand for gasoline and other petroleum produc …
MarketsOil prices 'could sink to near $20', warns GoldmanFinancial TimesThe oil market is even more oversupplied than we had expected and we now forecast this surplus to persist in 2016 on further OPEC production growth, resilient non-OPEC supply a …
BloombergWhy Vladimir Putin Won't Be Helping OPEC to Cut Oil ProductionBloombergFew things have more potential to spook the oil market than the prospect of Russia joining forces with OPEC. Speculation that such a move was afoot last month drove crude t …
Financial TimesRosneft chief Sechin damps talk of Russia-Saudi oil supply dealFinancial Times“The Russian oil industry is private, with a high number of foreign shareholders,” Mr Sechin told an audience at the FT Commodities Retreat in Singapore. BP owns 2 …
euronewsOil Falls for Second Day on Glut as Chinese Stock Market DropsBloombergOil declined for a second day on speculation OPEC will fail to stabilize prices amid a global oversupply and concern over Chinese demand. Futures lost as much as 2 percent in Ne …
New York TimesMelting Ice Isn't Opening Arctic to Oil BonanzaNew York TimesThe world today is awash in oil and natural gas, largely because of the shale revolution in the United States and the advent of hydraulic fracturing, which has so increased prod …
Oil Drops Second Day on Glut as Venezuela Seeks Price StabilityBloombergOil declined for a second day on speculation that OPEC will fail to stabilize prices amid a global oversupply and concern over Chinese demand. Futures lost as much as 2 percent in New …