I’ve been discussing the return of big oil and gas M&A the last several weeks. And yesterday we got more confirmation it’s “money on” right now in the global petroleum Continue Reading
Royal Dutch Shell Plc appeared to put the worst of the oil slump behind it as rising cash flow allowed Europe’s largest energy company to trim debt for the first Continue Reading
Shell CEO on 4th-Qtr Profit, Strategy and Globalization Royal Dutch Shell Plc reported fourth-quarter profit that missed analyst estimates after crude’s recovery drove up costs for refining while earnings from Continue Reading
The recent National Intelligence Council report assessing the involvement of Russia in last year’s U.S. presidential elections spurred a flurry of media reports suggesting that Russia is heavily involved in Continue Reading
U.S. crude oil inventories increased by 5.8 million barrels , according to this week’s American Petroleum Institute (API) inventory report published on Tuesday afternoon, compounded by large builds—again—in both gasoline Continue Reading
Oil futures edged higher Wednesday, with investors watching the progress of production cuts by major crude-producing countries, one month after the deal was implemented. Brent crude, the global oil benchmark, Continue Reading
A general view of a crude oil importing port in Qingdao, Shandong province, November 9, 2008. REUTERS/Stringer/File Photo Brent crude oil prices fell around 5 percent from their early January Continue Reading
Crude prices may have stabilized, but it’s still not a great time to be Big Oil. Investors eliminated about $53 billion in market value for producers over three days as Continue Reading
It’s been a month now that investors and analysts have been closely watching two main drivers for oil prices: how OPEC is doing with the supply-cut deal, and how U.S. Continue Reading
Saudi Arabia has introduced a value-added tax (VAT) with the approval of the International Monetary Fund (IMF), indicating the end of life without VAT across the Gulf. The decision was Continue Reading
