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Tight market signs give boost to oil prices![]() ![]() New York (UPI) Jan 19, 2017 Crude oil prices recovered some lost ground in early Thursday trading after the International Energy Agency found signs of market tightening. Crude oil prices have moved in wide swings this week as metrics and sentiments emerged on how well members of the Organization of Petroleum Exporting Countries were coordinating on a production agreement meant to offset the glut of oil that dinged the energy market last year. A report Wednesday from OPEC that North American oil producers were recov ... read more |
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![]() An economic agenda in Saudi Arabia, Vision 2030, which aims to boost non-oil revenue could lead to a better human rights record, the United Nations said. ... more ![]() ![]() Even though it was forced to take a hit on fourth quarter results, Lundin Petroleum said it was primed for growth as it focuses heavily on offshore Norway. ... more ![]() ![]() The U.S. shale oil industry has emerged from the recent market contraction leaner and more efficient, the International Energy Agency said. ... more ![]() ![]() Russia's state-control natural gas company Gazprom said Thursday it posted a profit for the third quarter on the back of stronger European sales. ... more |
Previous Issues | Jan 19 | Jan 18 | Jan 17 | Jan 16 | Jan 13 |
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![]() A former top official with state-owned China National Petroleum Corp (CNPC) was sentenced to 12 years for corruption Thursday, the latest prison term meted out to one-time allies of the country's jailed ex-security chief. ... more ![]() ![]() Oil and natural gas activity off the British coast should wax and wane in the short-term after one of the industry's worst years, Wood Mackenzie finds. ... more ![]() ![]() After hinting at a new tax policy on the oil industry, the Russian government said nearly $2 billion will be set aside to help the economy. ... more ![]() ![]() An expected rebound in North American oil activity offset reported declines elsewhere to send crude oil prices sharply lower early Wednesday. ... more ![]() ![]() Citing possible terrorism, Nigerian media reported Wednesday an oil pipeline was on fire less than a day after the vice president was in an oil-rich region. ... more |
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![]() ![]() Face value for OPEC deal lifts oil prices ![]() ![]() Africa-focused Tullow Oil said it plans more drilling after it made an oil discovery inland Kenya that's likely tied into existing hydrocarbon finds. ... more ![]() ![]() The Church of England said Wednesday it added its voice to the chorus of those taking a stand on the fledgling shale natural gas industry in the country. ... more |
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