Monday 31 August 2015
 
»
Tag
 
»
Oil

Iran to finalise new oil contracts model in weeks

Iran expects to finalise the wording for a new model for international oil contracts in the next three weeks, the oil minister said on Monday, as Tehran seeks to boost recovery from its fields with the help of foreign companies. T

More…

Arab Opec producers brace for oil-price weakness

A second oil price rout of 2015 has forced Arab Opec members to cut their price expectations for this year, showing they are prepared to tolerate cheaper crude for longer to defend market share and curb rivals' output.  

More…

Efficiency mandates to cap recovery in oil demand

Lower prices should help stimulate oil consumption in advanced economies, restoring some of the demand lost over the last decade, as the cost of crude soared from less than $50 to more than $100 per barrel.   In

More…

Oil markets extend gains after biggest daily climb in 6 years

Crude oil futures rose on Friday, adding to their biggest one-day rally in over six years the day before, led by recovering equity markets and news of diminished crude supplies.   US crude are on track for their

More…

US oil export advocates use Iran deal to buttress argument

US oil industry lobbyists and Congressional supporters of lifting the US ban on oil exports hope they can gain more support as lawmakers debate whether to approve the Obama administration's nuclear deal with Iran, which would result in mor

More…

Focus on energy innovations at Abu Dhabi event

The latest innovations and smart technologies for the oil and gas sector will feature at a leading event in Abu Dhabi, UAE next month.   The Society of Petroleum Engineers (SPE) Middle East Intelligent Oil and Ga

More…

Saudi Arabia may delay some infrastructure projects

According to Bloomberg, the Saudi government is conducting a review of capital spending plans with advisers, said an industry expert, adding that the government is looking to delay or shrink some infrastructure projects, and may be contemplating

More…

Oil climbs by over $1 on crude stock draw

Brent crude climbed by more than $1 a barrel on Thursday on an unexpected fall in US crude inventories and a rally in global equity markets, but a stronger dollar capped gains. Front-month Brent, the global oil benchmark, had gain

More…

Oil climbs by over $1 on crude stock draw

Brent crude climbed by more than $1 a barrel on Thursday on an unexpected fall in US crude inventories and a rally in global equity markets, but a stronger dollar capped gains. Front-month Brent, the global oil benchmark, had gain

More…

Oil catches breath near 6-1/2-year lows after falls

Oil stabilised on Wednesday after China's central bank moved to support the country's economy, but prices stayed near 6-1/2-year lows as a heavy supply glut kept the market outlook bearish.   "Oil is

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads