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Oil prices begin to bite US productionOil prices have finally crept up on drilling and production levels in the US, a report said, adding that the onshore rig count has continued to soften as many operators have chosen to wait for improved economics to continue operations. More… |
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Oil prices begin to bite US productionOil prices have finally crept up on drilling and production levels in the US, a report said, adding that the onshore rig count has continued to soften as many operators have chosen to wait for improved economics to continue operations. More… |
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Oil prices rise over US production dipOil prices rose on Wednesday after signs of a dip in US production, but gains were capped by Chinese quarterly growth slowing to a six-year low. Front-month Brent crude futures were trading up 47 cents at $58.90 a barrel by 0310 G More… |
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Oil climbs over Mideast, US supply concernsOil rose above $107 a barrel on Tuesday after five straight declines supported by doubts about a recovery in Libyan output, fighting in Iraq and as cold weather across the central US threatened production. Libya's navy opened More… |
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Oil below $78 as Alex may skirt US productionOil fell to below $78 on Tuesday as forecasts indicated tropical storm Alex would skirt the main production region in the US Gulf of Mexico, limiting disruption there to a few precautionary shutdowns. The US National Hurricane Center forec More… |
