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Financial TimesTullow Oil takes $600m hit from lower crude priceFinancial TimesThe recent weakness in crude prices is taking its toll on exploration and production companies, as Tullow Oil, the Africa-focused group, warned it would book a $600m impairment
Admin 28.06.2017 0 68

CNBCStocks pull back from records as oil enters bear marketCNBCU.S. equities traded lower Tuesday, pulling back from record highs, as oil prices fell to their lowest levels since November. The S&P 500 lagged, falling 0.49 percent as the energy sector d
Admin 20.06.2017 0 71

CNBCOil prices are tumbling 3% right now, entering bear marketCNBCOil prices sank to seven-month lows Tuesday, falling 3 percent on signs of rising production in key parts of the world. West Texas Intermediate crude oil futures were down $1.21, or 3 percen
Admin 20.06.2017 0 72

CNBCUS crude oil enters bear market after tumbling 3% below $43 a barrelCNBCOil prices sank to seven-month lows Tuesday, falling 3 percent on signs of rising production in key parts of the world. West Texas Intermediate crude oil futures were down $1.21, o
Admin 20.06.2017 0 64

CNBCUS crude oil enters bear market after tumbling 3% below $43CNBCOil prices are trading at about $43 a barrel and struck the lowest levels since mid-November. The fresh leg lower came on signs of rising output from Nigeria and Libya, two OPEC members exe
Admin 20.06.2017 0 74

CNBCHere's why oil prices could drop to $30 a barrel again: FesharakiCNBCFereidun Fesharaki, chairman of consulting group FGE, said crude oil prices could drop back to $30 a barrel if OPEC doesn't make any further cuts to production. Fesharaki said
Admin 14.06.2017 0 59

Libya's Largest Oil Field Resumes ProductionOilPrice.comLibya's largest oil field, El Sharara, has resumed production after workers had shuttered the 270,000-bpd field on Wednesday, protesting over the lack of medical treatment for a co-worker who
Admin 11.06.2017 0 62

MarketWatchOil prices set to finish the week 4% lower, as US supply casts a shadowMarketWatchBrent crude LCOQ7, +0.46% , the global oil benchmark , rose 0.3% to $48.00 a barrel on London's ICE Futures exchange. On the New York Mercantile Exchange, West
Admin 09.06.2017 0 34

ReutersOil edges off one-month lows, concern persists over supplyReutersThe oil price has slipped below $50 a barrel despite a pledge by the world's largest exporters to extend an existing cut in production of 1.8 million barrels per day (bpd) into nex
Admin 08.06.2017 0 56

CNBCOil market averts major breakdown, bounces aggressively off one-month lowCNBCU.S. crude oil prices recovered in mid-morning trading on Thursday, after falling to levels that put the commodity on track for its lowest close in more than six months. The W
Admin 08.06.2017 0 53