Japanese Spot LNG Price in February Drops Natural Gas WorldThe average price of spot LNG imported into Japan contracted in February 2019 was $7.5/mn Btu, down 29.2% year-on-year, the country's trade ministry (Meti) ... Read more https://www.nat …
Motley FoolThis Oil Play Is Scorching Hot Right NowMotley FoolSomeone forgot to tell the Permian Basin that the oil industry is in the midst of its worst downturn in nearly three decades. Instead, the legacy oil basin remains one of the hottest oil plays i …
Wall Street JournalStocks Little Changed as Oil FallsWall Street JournalStocks and the dollar were listless in quiet trade Wednesday, as a fresh fall in the price of oil failed to shake markets from their summer torpor. The Dow Jones Industrial Average sli …
Wall Street JournalGlobal Stocks Little Changed as Oil FallsWall Street JournalStocks and the dollar were listless in quiet trade Wednesday, as investors largely shrugged off a fresh fall in the oil price and signs of escalating geopolitical tensions. Futu …
The GuardianScottish finances worsen as fall in oil revenues leads to £15bn deficitThe GuardianThe Government Expenditure and Revenue Scotland (Gers) figures showed that during 2015-16 the country's tax receipts were £400 less than the UK average at £1 …
Wall Street JournalBanks Raise Oil Price Forecasts But Remain CautiousWall Street JournalBig banks have slightly raised their oil-price forecasts for the first time since August but remain cautious about crude's outlook. A survey of 13 investment banks …
Financial TimesOil bulls' misplaced optimismFinancial TimesIf BP boss Bob Dudley is right the oil market could start to rebalance in the next six months as demand “converges” with supply, paving the way for a recovery in prices to $50 to $60 a barrel b …
Shell Profit Battered by Weak Oil PricesWall Street JournalLONDON—Royal Dutch Shell PLC on Thursday announced a near 60% slump in fourth-quarter profit, as plunging oil prices buffeted the company's earnings. The Anglo-Dutch oil company's fourth-qu …
France's Vallourec Axes Jobs, Seeks Capital Amid Oil SlumpWall Street JournalPARIS—France's Vallourec SA, a maker of high-strength steel for the oil sector, is to raise €1 billion ($1.08 billion), suspend its dividend, and ax more than 2,500 jobs, …
Financial TimesOil producers retool for lower pricesFinancial TimesUndoubtedly, costs have come down — especially given the sharp weakening in domestic currencies of most producer nations. Oil exploration companies will find themselves dictating terms to s …