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oil news
Oil prices hit 11-mth highs on tighter supplies, Fed assurance on low rates
SINGAPORE: Oil prices rose for a fourth straight session on Thursday to the highest levels in more than 11 months, underpinned by monetary easing policies and lower crude production in the United States. Brent crude futures for April…
Higher oil prices boosting Alberta’s bottom line as budget looms Thursday:
EDMONTON — Premier Jason Kenney says a recent bump in energy prices in the third quarter of the current budget is helping the bottom line as his government prepares to introduce its 2021-22 budget. The budget deficit was on…
Petrol nears Rs 91 per litre mark in Delhi, above Rs 97 in Mumbai – ET
Petrol price on Tuesday neared the Rs 91 per litre mark in the national capital and diesel crossed Rs 81 a litre, as fuel prices were hiked again after a two-day pause.Petrol and diesel prices were raised by 35 paise per litre each,…
KBC announces partnership with MySep to improve process separator
LONDON, Feb. 23, 2021 /PRNewswire/ -- KBC (A Yokogawa Company) announces a partnership with MySep to deliver accurate and consistent results in separation of fluids into their oil, gas and water components for production facility…
It’s time to add exposure to energy after sector’s ‘surprising’ reversal:
The energy sector has gone from worst to first.After trailing the S&P 500's other major stock groups in 2020, energy has emerged as a leader this year, far outperforming its counterparts with a 25% gain. It's also the top performer…
It’s time to add exposure to energy after sector’s ‘surprising’ reversal:
The energy sector has gone from worst to first.After trailing the S&P 500's other major stock groups in 2020, energy has emerged as a leader this year, far outperforming its counterparts with a 25% gain. It's also the top performer…
Israel scrambles to clean beaches after Mediterranean oil spill | DW |
Israel's authorities warned people on Sunday to stay away from the beaches on its Mediterranean shore, as thousands of laborers and volunteers worked to clean a massive tar slick. The tar was a result of "dozens to hundreds of tonnes"…
Former Scotland defender hires underworld heavies to get back cash lost in
A former Scotland international footballer has hired underworld heavies to claim back money he lost in an oil industry scam. Gangland enforcers are leaving behind a trail of fear as they look to retrieve millions of pounds on behalf of…
Closing prices for crude oil, gold and other commodities | Taiwan News |
Benchmark U.S. crude oil for March delivery fell $1.28 to $59.24 a barrel Friday. Brent crude oil for April delivery fell $1.02 to $62.91 a…
Closing prices for crude oil, gold and other commodities | Taiwan News |
Benchmark U.S. crude oil for March delivery fell $1.28 to $59.24 a barrel Friday. Brent crude oil for April delivery fell $1.02 to $62.91 a…
JPMorgan says two factors could drive up oil prices by another $5 to $10
SINGAPORE — JPMorgan says crude prices could see further upside ahead as oil continues to see strong gains so far this year.It comes against the backdrop of an improving global outlook as major economies press ahead with their ongoing…
Oil India Ltd Surges 4.02%, S&P BSE Energy index Gains 1.02%
Oil India Ltd has added 9.04% over last one month compared to 2.93% gain in S&P BSE Energy index and 2.65% rise in the SENSEXOil India Ltd gained 4.02% today to trade at Rs 126.7. The…
BW Energy: Fourth Quarter and Full Year Results 2020
BW ENERGY FOURTH QUARTER AND FULL YEAR RESULTS 2020 HIGHLIGHTS Q4 EBITDA of USD 28.3 million and year-end cash position of USD 120.6 millionQ4 gross production of 1.24 million barrels with 0.8 million barrels net to the…
The price of gas is climbing higher. Here’s how you can save at the pump
Buket Topal | iStock | Getty ImagesDon't be surprised if filling your car's tank at the pump keeps gobbling up a growing portion of your budget.Amid already rising gasoline prices, the average price you pay for per gallon could jump over…
Shell sells Canada’s Duvernay oil assets for $707mn
Shell sells Canada's Duvernay oil assets for $707mn Argus Media Read More: Shell sells Canada’s Duvernay oil assets for $707mn
Oil explorers shine as Sensex, Nifty trades flat on a dull day
NEW DELHI: Benchmark indices wobbled near the flatline on Thursday as profit booking continued on Dalal Street, led by top banking and financial names while oil explorers gained as crude continued to gain in international markets. Market…
PM To Inaugurate Key Oil, Gas Sector Projects In Tamil Nadu Today
New Delhi: Prime Minister Narendra Modi will lay the foundation of key projects of the oil and gas sector in Tamil Nadu on Wednesday.The Prime Minister will address the event at 4:30 pm via video conferencing.An official release said…
FTSE 100 set to jump again
The FTSE 100 was set for a positive start to the session after yesterday's bumper gains left some talking of a push towards 7000 territory.The British index outperformed gains seen elsewhere, and was set for more gains on the opening…
Oil hits pandemic high as winter storm pushes demand and poses production
Cattle shelters from the cold wind on the side of a pump jack array Saturday, Feb. 13, 2021 in Midland, Texas.Eli Hartman. | Odessa American | APFreezing weather in regions across the U.S. sparked another rally in energy prices and put…
Oil prices soar on heightened tensions in Middle East; Brent reaches $63.52
Oil prices soared on Monday to their highest in about 13 months as fears of heightened tensions in the Middle East prompted fresh buying, while hopes that a US stimulus and an easing of lockdowns will buoy fuel demand provided support.…