Tags » CRUDE Oil Prices

Low Oil Prices Add to Iraq's Stability Concerns

Iraq has managed to ratchet up oil production to record highs, against what would seem to be insurmountable obstacles.

Despite political gridlock, a fight against ISIS militants, and the ongoing need to invest in critical infrastructure, Iraq has succeeded in… 749 more words

Markets in euphoric mood as China rejoins the party

Global stock markets have surged higher Thursday after Wall Street’s recovery extended and the big two markets in mainland China put in their first serious bounce after over a week of mayhem. 454 more words

Finance

More oil than expected in Norwegian North Sea

Lundin Petroleum gearing up for production in Edvard Grieg field offshore Norway.

By Daniel J. Graeber

Norwegian energy regulator revises estimates of potential oil in North Sea field tapped by Lundin Petroleum. 276 more words

Global markets hit panic button after the "Great Fall of China"

Sell everything. Now.

That seems to be the watchword of pretty much every financial market in the world Monday after what wags dubbed “The Great Fall of China”. 590 more words

Finance

Why Oil is a worry

Oil prices have been crashing; and it could get worse…

A few days ago, the Norwegian government quietly acknowledged that they may have to start drawing down from their Sovereign Fund if oil prices fall further. 447 more words

Finance & Economy

"Frack now, pay later" services firms tell struggling drillers

Business is so tough for oilfield giants Schlumberger NV and Halliburton Co that they have come up with a new sales pitch for crude producers halting work in the worst downturn in years. 638 more words

Energy

Energy Companies Face "Come-To-Jesus" Point As Bankruptcies Loom

Last week, amid a renewed bout of crude carnage, Morgan Stanley made a rather disconcerting call on oil. 

“On current trajectory, this downturn could become worse than 1986: An additional +1.5 mb/d is roughly one year of oil demand growth. 623 more words

Oil