The oil slump has hammered producers around the world, from giants like Royal Dutch Shell Plc to exploration minnows. After two tough years of falling oil prices and company valuations, Continue Reading
Whatever decision OPEC reaches on oil output at its meeting this week is likely … OPEC’s struggle to balance oil supply and demand globally is exposing economic fault lines around Continue Reading
Goldman Sachs offices Goldman Sachs is known to make outlandish calls on crude oil. First came a forecast of $200 a barrel back in March 2008, which fell flat on Continue Reading
Low crude prices that have been hammering oilfield service companies for the past two years might be ready to give a little back. Sinopec Oilfield Service Corp., Keppel Corp. Ltd. Continue Reading
OPEC’s top producer hints group won’t necessarily curb output Members adamant Moscow must cut for any supply accord to work OPEC surprised the market in September with a preliminary agreement Continue Reading
OPEC was trying on Monday to rescue a deal to limit oil output as tensions grew among the producer group and non-OPEC member Russia, with top exporter Saudi Arabia saying Continue Reading
Whatever decision OPEC reaches on oil output at its meeting this week is likely … OPEC’s struggle to balance oil supply and demand globally is exposing economic fault lines around Continue Reading
Three days from a crucial meeting, OPEC’s deal to curb oil production and end years of global oversupply hangs in the balance . But even if ministers hash out a Continue Reading
OPEC is embarking on a last-ditch diplomatic push to reach a production cut, with ministers flying to Russia for talks, as Saudi Arabia for the first time suggested the oil-club Continue Reading
Saudi Arabia’s energy minister Khalid al-Falih said on Sunday that he believed the oil market would balance itself in 2017 even if producers did not intervene in it. Any intervention Continue Reading
