Thursday 27 July 2017
 
»
Tag
 
»
Shale

Opec faces three choices: stay, cut or hike output

The Organisation of Petroleum Exporting Countries (Opec) faces three distinct choices: stay, cut, or hike output at the highly anticipated meeting in Vienna on May 25, said Bank of America Merrill Lynch (BofAML) in a new report. F

More…

Global oil discoveries fell to historic lows in 2016

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that b

More…

Global oil discoveries fell to historic lows in 2016

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that b

More…

Global oil supply likely to lag demand after 2020: IEA

Global oil supply could struggle to keep pace with demand after 2020, risking a sharp increase in prices, unless new projects are approved soon, according to the latest five-year oil market forecast from the International Energy Agency.

More…

Oil falls on glut concerns despite shale cuts

Oil prices eased in early Asian trade on Tuesday as concerns over a crude and fuel oil glut outweighed an expected cut in US shale production and a likely further draw in US crude stocks. Crude prices fell more than 1 per cent in

More…

Oil falls further under $50 on Asia demand concern

Oil fell on Monday over signs that US shale drillers have adapted to lower prices and on renewed indications of economic weakness in Asia where refiners are already trimming crude runs.   Brent crude was trading

More…

Rising oil prices throw lifeline to shale producers

Brent prices for 2017 ended trading above $50 per barrel on Wednesday for the first time since mid-December following the largest and most sustained rally in prices since the oil slump started. The average for the 12 futures contr

More…

US shale's message for Opec: above $40, we are coming back

For leading US shale oil producers, $40 is the new $70.   Less than a year ago major shale firms were saying they needed oil above $60 a barrel to produce more; now some say they will settle for far less in decid

More…

Shale fightback 'will lift US output to record high by 2021'

Oil production in the US will reach a record high by 2021 as efficiency gains help domestic producers to combat the low prices that are likely to force hefty output cuts this year and next, the International Energy Agency (IEA) said.

More…

Oil rises on IEA's US shale outlook and rig data

Oil rose after the world's oil consumer body said it expected US shale production to fall this year and next, potentially easing a glut that has driven prices to their lowest in more than a decade.   A bounce

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads