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Oil News

administration takes credit for crude Step “This step is a result of both government policies, such as increased fuel economy standards that cut fuel consumption, reduce carbon emissions and reduce utility bills and increased production, “Carney told reporters Wednesday. Carney said … Read more at
far should Oil Companies ready to go? World oil demand is growing. There are now more abundant cheap oil, which is driving prices higher, and it seems that $ 100 oil is here to stay. With such a high price, it gives a strong reason oil companies to increase production … Read more about

Oil News

Former BHP Billiton Oil Head Yeager expects more U.S. M & A s BHP Billiton Ltd. (BHP) ‘former oil and gas head J. Michael Yeager expects more mergers and acquisitions in the industry in the U.S. onshore developers trying to sell assets that they can not develop and enhance their technical skills. “There is a lot of churn is … Read more at profit dollars of GDP, pushing oil , low stocks NEW YORK (Reuters) – The stronger than expected U.S. economic growth, as well as interest decline surprised ECB has pushed the dollar and crude oil prices lower on Thursday. Unexpected motion ECB also caused shares … Read more about

Oil News

Fort hard b Dollar oil Down to almost a barrel The price of oil fell to around 94 dollars a barrel on Thursday as an unexpected rate cut by the European Central Bank strengthened the dollar and global OPEC report shows enough. In mid-afternoon in Europe, benchmark crude for December … U.S. learn more about ABC News
OPEC changes have Shale Oil Projects Spike Output FOXBusiness. Shale oil drilling in Monterey, California. REUTERS. In its annual report, OPEC recognized sharp increase in U.S. production of shale oil could soften demand for oil cartel, but his head was later put shale boom will be short. .. Read more about
Berber militia takes western Libya oil Fund About 50 Berber militiamen stormed MELLITAH oil and gas complex early Thursday morning near zwar, about 110 kilometers (70 miles) from Tripoli, the official said. They demanded complex shutdown and halt gas exports to Italy, the official said. Learn more about ABC News