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Month: May 2016

Category:
  • Climate

Exxon Investors Seek Assurance as Climate Shifts, Along With Attitudes

Exxon Mobil has been under pressure for over a year to explain its handling of climate change issues in the past. Now the company faces new pressure to explain its Continue Reading

Posted On : 24 May 2016 Published By : Tom Whipple
Category:
  • France

French labour dispute: Strike hits all eight oil refineries

Image caption Police removed a blockade outside the Fos-sur-Mer refinery in Marseille early on Tuesday A strike over new labour laws has spread to all of France’s eight oil refineries, Continue Reading

Posted On : 24 May 2016 Published By : Tom Whipple
Category:
  • United Kingdom

U.K. Region Approves First Fracking Permit Since 2011

An English county government on Monday approved an application for what could be the first permit to frack for shale gas in Western Europe since 2011. The North Yorkshire County Continue Reading

Posted On : 24 May 2016 Published By : Tom Whipple
Category:
  • United Kingdom

BP’s Oil Search Strategy Shrinks With Budget Cuts

The surprise departure of BP’s exploration boss has turned the spotlight on an oil search strategy that, after years of spending cuts, is focusing mainly on expanding existing fields rather Continue Reading

Posted On : 24 May 2016 Published By : Tom Whipple
Category:
  • Prices

Oil Dips on Supply Concerns

Oil prices opened the week lower on Monday on renewed concerns about a global glut in crude supply. The European benchmark, Brent, was trading down 1% at $48.24 a barrel Continue Reading

Posted On : 23 May 2016 Published By : Tom Whipple
Category:
  • Prices

Oil prices dip on strong dollar, firm global supplies

Oil prices slipped in Asian trade on Monday, hit by a strong dollar and signs that global crude supply is holding up even as unplanned outages rise to at least Continue Reading

Posted On : 23 May 2016 Published By : Tom Whipple
Category:
  • Oil Supply
  • Prices

Oil Traders Are Borrowing From Banks to Store Crude at a Loss

The waters between Singapore and Malaysia used to heave with wooden ships carrying exotic spices. Now the Straits of Malacca are filled with vessels carrying a very different sort of Continue Reading

Posted On : 23 May 2016 Published By : Tom Whipple
Category:
  • Prices

The Wildest Predictions For Oil Prices In 2016

Oil Tanks One reality in the markets is that despite the best efforts of analysts and traders, no one ever knows with any degree of certainty what will happen to Continue Reading

Posted On : 23 May 2016 Published By : Tom Whipple
Category:
  • Prices

How The U.S. Dollar Influences Oil Prices

Fed Building Crude oil has reached a critical technical level, which is likely to test the resolve of the bulls to push prices higher. The bulls have a favorable tailwind Continue Reading

Posted On : 23 May 2016 Published By : Tom Whipple
Category:
  • Russia
  • Turkey

Turkish-Russian Relations Worsen As Turkish Helicopter Is Downed

Kurdish Militant The “game-changing” downing of a Turkish attack helicopter by Kurdish rebels with a Russian-made missile could further intensify still simmering hostilities between Ankara and Moscow. Coming nearly six Continue Reading

Posted On : 23 May 2016 Published By : Tom Whipple

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