Oil

June 24, 2015 // 0 Comments

SINGAPORE – With oil prices slowly recovering from the dramatic fall last summer which forced global organisations to [...]

June 24, 2015 // 3 Comments

The drilling rig count in North Dakota’s oil patch, a closely watched metric through which many attempt to divine [...]

June 24, 2015 // 2 Comments

Mexico’s state-run oil company, Pemex, confirmed on Monday there was an accident on an oil platform at one of its [...]

June 24, 2015 // 3 Comments

NEW YORK – Oil reversed losses to end slightly higher on Monday as short-covering ahead of the expiry of the [...]

NEW YORK – Crude oil fell about 2 % on Friday, the first decline after three days of gains, as worries over the Greek [...]

June 22, 2015 // 0 Comments

U.S. oil drillers this week added one rig each in the Permian and Bakken shale basins, data showed on Friday, another sign [...]

June 22, 2015 // 5 Comments

Nigeria’s new president, Muhammadu Buhari, has been advised by his transition committee to end a fuel subsidy [...]

June 19, 2015 // 2 Comments

In the face of declining oil prices forcing oil & gas companies around the world to trim budgets, the majority of Asia [...]

June 19, 2015 // 4 Comments

Crude oil supplies are on pace to reach their longest surplus since 1985 and are just one quarter away from meeting the [...]

June 19, 2015 // 3 Comments

Some 574 Norwegian rig workers could go on strike from next Thursday, potentially reducing oil production, unless a wage [...]