- Philippine Star via Yahoo! Philippines NewsJul 04 05:00 PM
Consumers can expect another oil price rollback next week, newly appointed Department of Energy (DOE) officer-in-charge Zenaida Monsada said on Friday. The price cut will be for both gasoline and diesel. Next week’s price cut, if it pushes through, will be the third straight week that oil companies have cut prices of local petroleum products, tracking movements in the global crude market.
- Market Realist via Yahoo! FinanceJul 03 10:38 AM
August WTI crude oil futures trading in NYMEX fell marginally by 0.05% and closed at $56.93 per barrel on Thursday, July 2, 2015. Prices traded almost flat.
- Market Realist via Yahoo! FinanceJul 03 11:06 PM
On Friday, June 26, Baker Hughes disclosed the US rig count. Crude oil rose 0.25% to $59.64. The rig count held around that level after the announcement.
- Journal OnlineJul 05 02:51 AM
OIL companies are set to implement another round of oil price rollback anytime this week, industry insiders said yesterday. Industry insiders said at least P0.65 decrease per liter in pump prices of gasoline will be announced for this week. They added that rollback in prices of diesel and kerosene are…
- Reuters via Yahoo! NewsJul 01 05:54 AM
By Libby George LONDON (Reuters) - Sales of transport fuels have exceeded all expectations this year, making demand from reviving economies the mantra of bulls who say the oil price is well on the mend. Growing stocks, and early stress signals for some oil products, such as diesel, are throwing a cautionary signal to those who believe the shale oil-driven glut in physical crude markets will be ...
- Oilprice.com via Yahoo! FinanceJul 02 07:40 AM
The U.S. shale industry has proven surprisingly resilient throughout the oil price plunge, but as hedges expire we can expect a lot more defaults in coming months
- Oilprice.com via Yahoo! FinanceJun 29 03:43 PM
Comparing the most recent collapse in oil prices to previous shocks suggests that the current oil price slump is a longer-term event than many believe
- Investor's Business Daily via Yahoo! FinanceJul 02 01:38 PM
Crude oil's six-month price dive through January and the ongoing U.S. oversupply of cheap natural gas failed to make a significant dent in the outlooks of several companies in the alternative energy industry. ...
- Telegraph via Yahoo UK & Ireland FinanceJul 03 08:36 AM
The FTSE 100 oil giant's settlement related to the Gulf of Mexico disaster removes a major cloud over the investment case, says Questor
- Bloomberg via Yahoo! FinanceJul 03 07:39 AM
New York-traded futures, which have swirled around $60 a barrel for the past two months, will average about $59 in third quarter and $63 in the fourth, according to forecasts of 22 analysts compiled by Bloomberg. While gasoline demand has increased faster than projected, keeping the oil glut from growing, record production from OPEC’s biggest members and potential for a quick increase in U.S ...
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