U.S. Oil Firms Continue Tussle Over Taxes
U.S. oil companies have been pushing for changes to U.S. corporate tax laws that require them to pay taxes on foreign earnings, and news that the European Union’s antitrust regulator Continue Reading
Impact of Regulations, Technology on Drone Use in Oil, Gas
Industry experts discuss potential challenges to the expanded use of drones in upstream oil and gas operations. Regulations and technology are two areas that must be addressed to create further Continue Reading
Is Nord Stream 2 Still A Good Deal For Europe?
Nord Stream 2 As Jack Handey aptly pointed out “Before you criticize someone, you should walk a mile in their shoes. That way when you criticize them, you are a Continue Reading
Russian oil privatization saga points to limits of Putin’s power
Russia’s decision to postpone the privatization of a mid-sized oil company has sent a message to investors: for all his power, President Vladimir Putin has failed to stop political infighting Continue Reading
Oil Edges Higher as August Rally Wanes
Oil prices edged higher Tuesday amid lower trading volumes as the August price rally lost momentum, with crude hovering around $47-$50 a barrel. The October contract for global benchmark Brent Continue Reading
Oil Trades Near $47 as U.S. Gasoline Inventory Glut Seen Easing
Motor-fuel stockpiles forecast to fall by 1.25 million barrels Volatility to endure as rebalancing continues: oil executives Oil traded near $47 a barrel before data forecast to show that gasoline Continue Reading
Oil prices rise as dollar retreats from two-week high
Oil futures edged up on Tuesday as the U.S. dollar erased earlier gains, but doubts that producers would be able to agree to an output freeze continued to drag on Continue Reading
Oil Prices Fall on Fed Rate Rise Jitters
Oil prices were down Monday as worries over the U.S. raising interest rates as early as next month rippled through an already jittery market. The October contract of global benchmark Continue Reading
Oil Resumes Drop Near $47 Amid Market-Stabilization Deal Doubts
Rising Iranian output dims prospects of action: Dana Gas CEO Stability should be achieved soon for oil market: Al Mazrouei Oil declined amid doubts producers will agree on a deal Continue Reading
Oil prices fall on rising Iraq output, doubt over producer talk prospects
Oil prices fell early on Monday as output from Iraq rose and as Iran said it would only cooperate in upcoming producer talks to freeze output if fellow exporters recognized Continue Reading