Category: Oil Prices

By Pritam Kumar PatnaikFinally, there are some signs that the rally in crude oil prices may be coming to a halt. But it remains to… Read More:

Oil prices at $80 a barrel are too high and unhealthy for the world today, Bob Dudley, the chief executive of UK supermajor BP, said… Read More:

BRAZIL C&C PRODUCTION Brazil and Petrobras show something in common with U.S. LTO: even with a lot of debt and desire, and a strong resource… Read More:

Growing Permian drilling and production started lifting last year the revenues and profits of the world’s top oilfield service providers who were badly bruised by… Read More:

OPEC and its Russia-led non-OPEC allies are struggling to fully deliver on the oil production increase of 1 million bpd promised in June, Reuters reported… Read More:

Oil prices declined this past week, with Brent crude 0.3% lower and West Texas Intermediate crude down by nearly 3%. The decline came amid more… Read More:

Pumpjacks at work pumping crude oil near Halkirk, Alta. Larry MacDougal / THE CANADIAN PRESS As the price discount on Canadian oil deepens, so too… Read More:

Crude oil is unlikely to reach US$100 a barrel as various analysts have warned, Goldman Sachs’ chief of commodities Jeffrey Currie told S&P Global Platts… Read More:

Specialist Gregg Maloney, left, and trader Jonathan Corpina work on the floor of the New York Stock Exchange, Monday, Oct. 15, 2018. Stocks are opening… Read More: