Those concerns have been overblown, the Raymond James analysts argued, saying trends pertaining to U.S. inventories, production and gasoline demand have been misinterpreted... READ MORE›
Saudi Arabia hikes petrol prices by 40 percent at the pump... READ MORE›
The only major United States antagonist not hurt by the drop in oil prices is North Korea, which imports all of its petroleum... READ MORE›
A Marathon gas station also located in Houghton Lake also sold fuel for 95 cents a gallon on Sunday, GasBuddy reported... READ MORE›
Critics have said Trump's plan to revive natural gas drilling would finish off the very coal industry he promises to restore, because the two fuels compete... READ MORE›
In an effort to get prices off the mat, Saudi Arabia looks to pull back on the amount of crude it pumps... READ MORE›
Petrol prices may fall below the A?1 per litre mark, as world oil prices continue to tumble... READ MORE›
That was a way-out-of-consensus call to make a year-ago when most pundits vigorously argued non-OPEC production would still expand even with the drop in oil prices... READ MORE›
Saudi Arabia's Oil Minister Ali al-Naimi talks to journalists before a meeting of OPEC oil ministers at OPEC's headquarters in Vienna November 27, 2014... READ MORE›
Still, the bet is tiny put in the context of the global oil market... READ MORE›
Most of America's electricity comes from coal and natural gas not oil so the cheap global oil prices would not have an immediate effect, Sieiminski said... READ MORE›
He warned governments to consider the potential risks, including those of climate change and pollution... READ MORE›
Saudi Arabia's King Salman has removed the country's veteran oil minister as part of a broad government overhaul... READ MORE›
As oil prices tank new era of abundance seen dawning... READ MORE›
Saudi Arabia's stock market crashed yesterday as nuclear sanctions on Iran were lifted, clearing the path for an all-out oil war between the Middle Eastern rivals... READ MORE›
Oil exporters would rather sell their fossil fuels abroad than burn them at home, government officials attending meetings of the International Renewable Energy Agency Irena said... READ MORE›
Josh Partlow When I ask that question to people who follow Venezuela closely, most tip the scale towards poor governance... READ MORE›
Move towards renewable energy and away from coal power helped stall emissions growth last year but slowdown may be temporary, says oil giant... READ MORE›
Post-2020 investment to expand alberta's oilsands could slow or stall... READ MORE›
Roknoddin Javadi, deputy oil minister, said Iran was determined to retake its market share, which collapsed after the sanctions were imposed in 2012... READ MORE›
The analysis includes only the 36 S P 500 energy companies that reported net income in 2008... READ MORE›
Royal Dutch Shell RDSa.L has also announced a further 5 billion in spending cuts if its planned takeover of BG Group BG.L goes ahead... READ MORE›
All four oil forecasters avoided declaring that oil prices have reached the bottom, although they suggest that should happen later this year... READ MORE›
Iran's oil tankers point toward India and Europe as clock ticks down on sanctions... READ MORE›
Oil prices began a seven-month rout this time last year that took Brent crude futures LCOc1 from 116 per barrel to around 45 by January... READ MORE›
Oil prices began a seven-month rout this time last year that took Brent crude futures LCOc1 from 116 per barrel to around 45 by January... READ MORE›
Brent crude prices fell by 34 percent last year after shedding 48 percent in 2014... READ MORE›
The United States has surpassed Saudi Arabia and Russia as the global leader in oil reserves, according to a report by a Norwegian consultancy firm... READ MORE›
LONDON - Global oil prices soared Tuesday to one-month peaks on simmering Syria tensions, rebounding equities, the weak dollar and upbeat comments from energy major Shell... READ MORE›
The slide in oil prices threatens to be as disruptive as the 1973-74 oil shock, when prices jacked up 300 per cent in just six months... READ MORE›
And how better to do that than to unnerve the US by dropping oil prices into the range at which America's newfound energy self-sufficiency becomes marginal?... READ MORE›
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