The 12th Shanghai International Petrochemical
Technology and Equipment Exhibition
Opening Countdown:
Days
TEHRAN (Dow Jones) -- Iran is struggling to finalize the terms under which foreign energy companies can drill for oil there, as a political battle rages between the countrys more moderate forces and its conservative hard-liners. Iranian oil......【More】
2016-02-02HOUSTON -- As oil prices continue to decline, North American EP companies have hedged just 15% of their total production volumes for 2016, including 14% of oil and 18% of natural gas, leaving the companies largely exposed to current depress......【More】
2016-02-01ST PETERSBURG, Russia/DUBAI (Reuters) - Russia said on Thursday that OPEC had proposed oil production cuts of up to 5% in what would be the first global deal in over a decade to help reduce a glut of crude and prop up sinking prices. It rem......【More】
2016-01-29WASHINGTON (Bloomberg) -- Oil resumed its decline near $30/bbl after U.S. industry data showed crude stockpiles increased, exacerbating a global glut. Futures slid as much as 3.7% in New York. Inventories surged by 11.4 MMbbl last week, the......【More】
2016-01-28WASHINGTON, D.C. -- The World Bank has slashed its forecast for crude oil prices by $14 to $37/bbl for 2016, it said on Tuesday, amid growing supply and weak demand prospects from emerging markets. In its annual Commodity Markets Outlook, t......【More】
2016-01-27KUWAIT (Bloomberg) -- The worlds biggest oil producer is spending as much now as it did before the crash in crude prices, signaling no surrender in Saudi Arabias battle with rivals. Saudi Arabian Oil Co. is maintaining investment in oil and......【More】
2016-01-26LONDON (Bloomberg) -- Pierre Andurand, the founder of the $615 million Andurand Capital Management who correctly predicted the slump in oil prices, said the commodity has probably hit bottom and will end the year higher. The price of oil wi......【More】
2016-01-25SHANGHAI, China (Bloomberg) -- OPECs decision to flood global markets is helping Chinas biggest oil company pump record volumes overseas. China National Petroleum Corp. more than doubled production from Iraq last year as the groups second-b......【More】
2016-01-22THE HAGUE (Bloomberg) -- Royal Dutch Shell Plc, which is buying BG Group Plc in the industrys largest deal in a decade, expects fourth-quarter profit to drop at least 42% after the rout in crude prices deepened. Profit adjusted for one-time......【More】
2016-01-21PARIS (Bloomberg) -- Global oil markets could drown in oversupply, sending prices even lower as demand growth slows and Iran revives exports with the end of sanctions, according to the International Energy Agency. The IEA trimmed 2016 estim......【More】
2016-01-20
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