- Oilprice.com via Yahoo! FinanceApr 17 10:32 AM
Despite increased OPEC production, it appears news of slowing U.S. crude production has swayed the markets in favor of continuing the recent oil price rally
- Market Realist via Yahoo! FinanceApr 17 5:06 AM
On April 15, 2015, the EIA reported that weekly crude oil inventories increased by 1.02 MMbbls—the lowest inventory increase since January 7, 2015.
- AFP via Yahoo! NewsApr 17 4:11 AM
Falling oil prices have slowed the phenomenal expansion of Canada's oil sands extraction trade but the industry remains optimistic it is only a temporary setback. The price of oil fell $60 from June 2014 to January 2015, resulting in a massive budget deficit for the Canadian province of Alberta which will receive Can$7 billion (US$5.7 billion) less in energy royalties this year, forcing the ...
- RigzoneApr 18 19:46 PM
LONDON, April 13 (Reuters) – A group of three oil explorers drilling in the Falkland Islands, including Noble Energy, have shelved plans to drill a second well in the south and east Falklands following the steep drop in oil prices, one of the partners said on Monday.
- Market Realist via Yahoo! FinanceApr 16 12:10 PM
NYMEX-traded WTI (West Texas Intermediate) crude oil for May delivery increased by 5.82% and settled at $56.39 per barrel on April 15, 2015.
- CBC via Yahoo Canada NewsApr 16 15:01 PM
The price of oil has been heading up for eight trading sessions, raising the hopes of energy companies, investors and the whole province of Alberta. Here are two takes on the oil price rally. Stephen Schork is the editor of the Schork Report, an investment newsletter that is dedicated to the energy market. As the price of oil dropped through the fall and winter, many traders started to short ...
- Reuters via Yahoo! FinanceApr 16 12:10 PM
Commodity fund managers who outperformed their peers in the first quarter by shorting oil or underweighting the energy sector are expecting further weakness in energy in the second quarter but are waiting to see if oil prices bottom out. came 10th in the Lipper Global Commodity rankings, up more than 3 percent. Commodities as a whole performed poorly again in the first quarter, with the average...
- The ScotsmanApr 17 9:42 AM
NORTH Sea oil workers have been left facing an uncertain future as the second wave of industry job cuts hit on Friday.
- Business Insider via Yahoo! FinanceApr 16 9:34 AM
The oil price crash is finally resulting in a...
- Reuters via Yahoo! NewsApr 13 11:51 AM
By Tom Bergin LONDON (Reuters) - The drop in big oil companies' profits in the past eight months isn't just a function of lower crude prices – it also reflects strategic choices. A Reuters examination of corporate filings by some of the biggest players in the industry, including BP, Shell and France's Total, shows the sensitivity of these companies' earnings to changes in oil prices has risen in...
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