13/05/2013
Dwindling oil production due to aging basins will perhaps lead to a shift in the focus of the oil and gas industry
13/05/2013
Brazilian energy acquisitions, on a steady decline after a record $57 billion deals in 2010, are showing signs of a
13/05/2013
The recent narrowing in the Brent premium to NYMEX crude, which fell to a 17-month low of $7.48/b on
13/05/2013
Remember the "super spike?"
That phrase entered our vocabulary five years ago this month when crude oil prices
13/05/2013
A worker walks from a 161-foot-tall oil rig to retrieve a tool from a nearby shed outside Garden City in West
13/05/2013
After almost three years of churning bumper profits from the massive price gap between the world's two most
12/05/2013
The OPEC Reference Basket dropped for the second-consecutive month in April, declining by $5.39 or more than 5% to stand at $101.05/b.
12/05/2013
Saudi Arabia, the world’s biggest crude exporter, welcomes additional supplies from other producers that may help to stabilize prices,
12/05/2013
The International Monetary Fund (IMF) has said that the declining global crude oil prices may translate to lower oil revenue for Nigeria.
11/05/2013
The U.S. Treasury Department said Iran was resorting to "convoluted schemes" to evade sanctions on its energy sector, an official said. The Treasury Department said it placed sanctions
11/05/2013
Oil and natural gas production can have a vibrant rest of the century with the right policies in place, Scottish
11/05/2013
Offshore exploration will play an increasing role in India's efforts to source crude oil domestically, with the
11/05/2013
The EU believes its controversial proposal to label oil-sands crude as dirty would withstand a test at the World
11/05/2013
Apache Corp. (APA) said it would seek to sell $4 billion in assets this year, doubling its divestiture program as
10/05/2013
Iraq raised the price of Basra light crude to U.S. buyers for June by 20 cents to a discount of $1.90 per barrel against the Argus (ASCI) benchmark and also raised prices to
10/05/2013
Supplies of sour, or high sulfur, crude oil in Europe will continue to be tight because of the loss of Iranian and Syrian exports and “strong”
10/05/2013
The price of oil fell below $96 per barrel on Friday after signs of improvement in U.S. employment sparked speculation that the Federal Reserve might scale
10/05/2013
Residual-fuel inventories in Singapore, Asia’s largest oil-trading and storage center, rose for a second week to the highest level in two months,
10/05/2013
Iran will boost output at the Yadavaran oilfield, which is associated with Iraq, to 50,000 barrels per day from 20,000 bpd by the end of the current
10/05/2013
The crude oil market has been quiet—but expect black gold to get a move on soon. Crude oil has been in a healthy consolidation over the past 24 hours, finding session