Given an unstable Europe, a lingering recession and rising fuel economy, crude should be going down instead of up
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OIL AND GAS
News about exploration and production of oil and gas, including discussions on the markets, prices, geopolitics, technology, companies and people. This may seem a stodgy industry, but higher prices are changing it a lot faster than you think.
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Recent news on this topic.
BP and plaintiffs involved in the legal battle over the Deepwater Horizon disaster in the Gulf of Mexico have reached...
The rig count for the week ended Mar. 2 was up by 282 rigs from the comparable period a year ago, Baker Hughes Inc.
Pushed back against a prominent analyst's argument that major shifts in pipeline flows have left the country's...
An industry-funded study has found that production would create 1,814 permanent jobs by 2025 and contribute $441...
US crude imports have fallen to their lowest level for a decade as a result of weak demand and growth in domestic...
BP and Anadarko Petroleum have been exposed to billions of dollars in potential fines after the judge who will oversee...
Crude backs off a little but investors concerned
Imports were up 75,000 b/d from November, leaving Canada as the number one exporter of crude to the US.
It was almost like a bidding war at the Platts North American Crude Marketing conference in Houston on its first day...
The US Geological Survey estimated that Alaska’s North Slope contains up to 2 billion bbl of crude oil and 80 tcf of...
A growing number of attacks are being recorded in the Gulf of Guinea and entries into some ports have been cut by more...
Oil exploration activity in the North Sea fell by half last year to only 15 wells, the lowest level since the...
What sounds better to you? Tap Baby Tap, or Drill Baby Drill?
Concerns are building about non-OPEC output in 2012 and predictions of significant growth this year may be too...
The Obama administration is coming under growing pressure to cool petrol prices by releasing emergency stocks of oil.
Japan faces a dilemma. It has to balance its changed energy needs in the aftermath of the Fukushima disaster with the...
Oil fell for the first time in eight days after the Group of 20 nations rebuffed calls from euro countries to increase...
Oil rose to a 10-month high above $125 a barrel on Friday, prompting responses from policymakers around the world
Concerns that rising oil prices could prevent an economic recovery sent European shares and the euro lower on Monday,...
Chevron Corporation (NYSE: CVX) through its Nigerian subsidiary Chevron Nigeria Limited today confirmed first...
For drivers, the 'D' used to stand for ‘dirty.’ It’s starting to stand for ‘desirable’
However, bigger than expected natural gas stocks cut its front-month price nearly 1% in that same market, said analysts...
The president's remarks come as the average price of a gallon of regular gasoline in the U.S. has risen about 22 cents...
The stock market rally, while liquidity driven by central bank intervention everywhere, has increased consumer...
Top Sources: Oil and Gas
- bloomberg.com
- platts.com
- ft.com
- ogj.com
- blogs.ft.com
- rigzone.com
- economist.com
- online.wsj.com
- ordons.com
- pennenergy.com
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