oil

Exxon

How Wall Street Is Killing Big Oil

22/10/2014(0)
Lee Raymond, the famously pugnacious oilman who led ExxonMobil between 1999 and 2005, liked to tell Wall Street analysts that covering the company would be boring. “You’ll just have ... Read More
oil

Oil Rises After Chinese GDP Surprises at 7.3% in Q3

21/10/2014(0)
West Texas Intermediate and Brent crudes advanced after Chinese economic growth exceeded analysts’ estimates, signaling stronger fuel demand in the world’s second-biggest oil consuming country. Futures rose as much ... Read More
oil well

Oil Prices Fall, and the Global Economy Wins

30/09/2014(0)
Oil is in the midst of one of its steepest selloffs since the financial crisis, with prices falling 16 percent since mid-June. This has the Saudis contemplating even deeper ... Read More
oil-gas

US becoming largest oil producer in the global economy

30/09/2014(0)
The US is overtaking Saudi Arabia to become the world’s largest producer of liquid petroleum, in a sign of how its booming oil production has reshaped the energy sector. ... Read More
standard_plastic_sign_2-685x320

Standard Oil heirs join movement to divest In Fossil Fuels

23/09/2014(0)
The movement against investing in fossil fuels has reached a critical mass, with more than 800 individuals and institutions promising to rid their portfolios of $50 billion worth of ... Read More
oil-gas

West TX Oil at $93 on Softer Economic Data

16/09/2014(0)
Brent crude was little changed just below $98 a barrel on Tuesday, holding gains after recovering from its lowest price in more than two years but capped by a ... Read More
oil platform

Oil hits new 26 month low on China concerns

16/09/2014(0)
The price of a barrel of oil slipped to a 26-month low during trading yesterday, hit by signs of a slowdown in China and despite the impact of new ... Read More
rosneft

Rosneft struggles to grow as sanctions hit Russia’s oil champion

09/09/2014(0)
The Kremlin’s prized oil firm Rosneft is cutting staff and production and selling stakes in Siberian fields in the strongest evidence to date that Western sanctions are hurting what ... Read More
oil platform

Europe Needs A New Source of Oil and Gas, Fast

05/09/2014(0)
Summer is over and many Europeans may have to keep warm this coming winter by thinking about their summer holidays while wrapped in blankets, praying for a short winter ... Read More
oil

Brent Oil Drifts Below $102 on U.S. Inventories

05/09/2014(0)
Oil fell on Thursday, with a surprise rate cut from the European Central Bank boosting the dollar and hitting commodities priced in the U.S. currency. Losses were limited by ... Read More
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