S&P cuts China state oil firms’ outlook to ‘negative’
Ratings agency Standard and Poor’s has now downgraded a significant number of Chinese oil and infrastructure companies’ outlooks. The article S&P cuts China state oil firms' outlook t...
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Will OPEC cooperate to freeze oil production?
Richard Mallinson, geopolitical analyst at Energy Aspects, says OPEC members need to get Iran to agree to some form of oil production cut. The article Will OPEC cooperate to freeze oil production? w...
Monaco raids Unaoil offices over global oil corruption probe
Monaco has raided the homes and offices of oil company Unaoil after a UK request for assistance in an investigation into alleged corruption involving foreign companies in the global oil sector, the pr...
As US shale drillers suffer, even the bankrupt keep pumping oil
A pump jack stands idle in Dewitt County, Texas January 13, 2016. Reuters/Anna Driver As oil prices nosedived by two-thirds since 2014, a belief took hold in global energy markets that for prices to r...
UPDATE 1-Oil prices fall on stronger dollar, further oversupply worries
A worker grabs a nozzle at a petrol station in Tehran, Iran January 25, 2016. Reuters/Raheb Homavandi/TIMA Oil futures fell in Asian trade on Friday as oversupply and a strengthening dollar weighed on...
Oil falls on stronger dollar and further oversupply worries
Oil futures eased in early Asian trade on Friday as oversupply and a strengthening dollar weighed on sentiment. The article Oil falls on stronger dollar and further oversupply worries was originally...
UPDATE 2-S.Korea March exports fall by slowest in 4 mths, sales to China stay weak
A woman shops at a market in Seoul August 1, 2012. Reuters/Lee Jae-Won South Korea’s annual inflation was lower in March than expected as low oil prices continued to keep down costs, data on Fri...
Mexico’s proven oil and gas reserves fell 21 pct last year
Mexico’s proven oil and gas reserves dropped 21.3 percent in 2015, the oil regulator said on Thursday, as the state-run oil company, Pemex, cut back on investment because of plunging crude price...
Oil prices fall on stronger dollar and further oversupply worries
Oil futures eased in early Asian trade on Friday as oversupply and a strengthening dollar weighed on sentiment, although data showing another fall in U.S. oil output in January offered support. Front ...
Business Briefing: Crude Oil Production Falls to Lowest Level Since 2014
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