Saudi Stocks Lead Middle East Rally After Oil-Price Rebound – Bloomberg


ArabianBusiness.com
Saudi Stocks Lead Middle East Rally After OilPrice Rebound
Bloomberg
Omani stocks led a rally in most equity markets across the Middle East after oil prices had the biggest-weekly jump in more than six years. The MSM30 Index advanced 1.5 percent, the most since January, to 5,904.44 at the close in Muscat. Dubai’s DFM …
Dubai Financial Market, Saudi jump on oil price surgeThe National

all 24 news articles »

Why So Much Oil Price Volatility? Blame The Speculators – OilPrice.com


WLWT Cincinnati
Why So Much Oil Price Volatility? Blame The Speculators
OilPrice.com
Oil prices crashed last week only to rebound at lightning speed. On August 28, oil prices surged 10 percent, the largest one-day gain in seven years. So, what happens next for oil prices? On the face of it, the crash and massive rebound makes little
Price of crude oil poised to drop gas prices across Greater CincinnatiWLWT Cincinnati
Oil Prices Could Face More Pressure: BarclaysWall Street Journal
Oil Set for Third Monthly Drop as U.S. Rig Count Gains Amid GlutBloomberg
Jewocity.com (press release) (blog) –EagleFordTexas.com (press release) –THE BUSINESS TIMES
all 59 news articles »

The high price of cheap oil – The Week Magazine


The Week Magazine
The high price of cheap oil
The Week Magazine
“The oil industry, with its history of booms and busts, is in a new downturn,” said Clifford Krauss at The New York Times. The price of oil closed under $40 a barrel this week for the first time since 2009, a 60 percent plunge from its peak last year.
Cheap oil doesn’t cause recessions, and it is here to stay.The Australian Financial Review
Cheap oil boosts global growthGulf Times

all 7 news articles »

David Porter: Natural gas is our biggest opportunity – San Antonio Business Journal


San Antonio Express-News (subscription)
David Porter: Natural gas is our biggest opportunity
San Antonio Business Journal
Providing natural gas to meet growing demand in Mexico is the biggest opportunity that Texas companies have amid low oil prices and energy reforms south of the border, said Texas Railroad Commission Chair David Porter. West Texas Intermediate crude …
Taylor announces economic agreement with Mexico CitySan Antonio Express-News (subscription)

all 4 news articles »

Iowa: Texas oil firm bilked investors – DesMoinesRegister.com


DesMoinesRegister.com
Iowa: Texas oil firm bilked investors
DesMoinesRegister.com
The Iowa Insurance Division has ordered a Texas oil company to pay back more than $2 million in restitution to Iowans who invested in oil and gas exploration and demanded the company immediately cease recruiting business here. Austin-based Carson …
Commissioner Gerhart Orders Texas Oil and Gas Promoters to Stop Fraudulent KIOW
Iowa official orders Texas company to pay back investorsFort Worth Star Telegram

all 31 news articles »

New technology allows workers to control oil wells with their smartphones – The Globe and Mail


The Globe and Mail
New technology allows workers to control oil wells with their smartphones
The Globe and Mail
Monitoring and maintaining an oil well costs big bucks. “Some clients budget $250 to $500 dollars for an average well visit,” points out Nav Dhunay, president and CEO of Calgary-based Ambyint Technologies Inc. “If we can shave off a single visit per

Exclusive: Arab OPEC producers brace for oil-price weakness for rest of 2015 – Reuters


Reuters
Exclusive: Arab OPEC producers brace for oilprice weakness for rest of 2015
Reuters
But they also believe it will take more than just a few months for weak oil prices, which fell to a more than six-year low near $42 on Monday, to reduce supplies from higher-cost producers such as U.S. shale and stimulate demand. They expect the recent
Arab OPEC producers brace for oilprice weakness for rest of 2015Grand Forks Herald
Oil Price Crash Could Lead to Emergency OPEC MeetingMoney Morning
Why Saudi Arabia won’t cut oil productionCNNMoney

all 228 news articles »

Oil futures log best weekly gain in about 6 years – MarketWatch


USA TODAY
Oil futures log best weekly gain in about 6 years
MarketWatch
Oil ultra bears got hit with a reality check after oil posted its biggest on day snap back since the crazed buying days at the beginning of the frenzy buying of 2008,” said Phil Flynn, senior market analyst at Price Futures Group. “The complex has yet
Oil prices surge another 6% to over $45 a barrelUSA TODAY
Oil price in biggest rise since December 2008Financial Times
Oil Price Spike As Jittery Markets RecoverSky News
Business Insider –Money Morning –Profit Confidential
all 960 news articles »

Texans in Congress Again Target Oil Export Ban – Texas Tribune


Texas Tribune
Texans in Congress Again Target Oil Export Ban
Texas Tribune
WASHINGTON — A handful of Texas congressional delegation members say they have an antidote for the anxiety low oil prices have inflicted on the Texas economy: repeal a 40-year ban on exporting U.S. crude oil to the international market. After
Lawmakers target US oil export banFort Worth Star Telegram
Lower crude prices no cause for panicTyler Morning Telegraph

all 9 news articles »

Let the oil field mergers and acquisitions begin – Houston Chronicle (subscription)


Houston Chronicle (subscription)
Let the oil field mergers and acquisitions begin
Houston Chronicle (subscription)
In an undated photo from a 2015 investor presentation, a Cameron International worker examines oil field pressure control equipment produced by the Houston-based manufacturer. Schlumberger said on Aug. 26, 2015, that it would acquire Cameron in a …
Oilfield firm Schlumberger to buy Cameron in $14.8B dealArkansas Online
Schlumberger to buy oilfield gear maker Cameron in $14.8B dealDickinson Press
Schlumberger to buy oilfield gear maker Cameron in $14.8 billion dealPowerSource
International Business Times UK
all 395 news articles »

GeoPark makes new oilfield discovery in Colombia – Oil & Gas Financial Journal

GeoPark makes new oilfield discovery in Colombia
Oil & Gas Financial Journal
GeoPark Ltd. (NYSE: GPRK) has made a new oilfield discovery following the drilling of exploration well Chachalaca 1, located within the Llanos 34 Block in Colombia. GeoPark operates and has a 45% working interest in the Llanos 34 Block. GeoPark drilled …
GeoPark discovers new light oil field in ColombiaWorldOil (subscription)
GeoPark Announces New Light Oil Field Discovery in ColombiaMarketWatch
GeoPark Strikes Light Oil In ColombiaE&P

all 6 news articles »

Oil price: industry braced for 'wave' of North Sea asset sales – The Week UK


The Week UK
Oil price: industry braced for ‘wave’ of North Sea asset sales
The Week UK
French oil major Total has announced it is stepping up the sale of its North Sea assets as the slump in oil prices continues to bite, which some suggest could spark a “wave” of asset sales as big producers seek to raise cash to protect profits and
Algeria Calls for Non-OPEC Output Cut to Stop Oil Price FallBloomberg
How Much Pressure Will Iran Put On Oil Prices?OilPrice.com

all 85 news articles »

Crude oil is exploding higher – Business Insider


Business Insider
Crude oil is exploding higher
Business Insider
On Thursday, West Texas Intermediate crude oil was a big winner rising as much as 10% to more than $42.50 a barrel at one point on Thursday afternoon. Earlier this week, WTI tipped below $38 a barrel, a new post-financial-crisis low. This week, we saw
Brent Crude Oil Price Soars Today on Stock Market ReboundMoney Morning
US Oil Prices Post Biggest Rise on Percentage Basis Since 2009Wall Street Journal
Oil surges 10.3% to $42.56 a barrel; best day since March 2009CNBC
Economic Times –International Business Times –24/7 Wall St.
all 716 news articles »

OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy? – OilPrice.com


MarketWatch
OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?
OilPrice.com
Despite low oil prices, Saudi Arabia is maintaining its investment in its oil industry. Saudi Aramco Chairman Khalid Al-Falih indicated in March that Saudi Aramco would not cut investment. James Crandell, a Cowen & Co. oil analyst cited in this article
Venezuela Asks OPEC for Emergency Meeting on Oil PricesWall Street Journal
Oil soars 10% for biggest 1-day rise since 2009MarketWatch
Iran says some in OPEC do not want high oil priceReuters
Profit Confidential –The Economist
all 200 news articles »

Oil price fall hits Canada's big banks – Financial Times


Financial Times
Oil price fall hits Canada’s big banks
Financial Times
Canada’s biggest banks have warned of more troubles to come from the fall in the oil price, as they reported surges in bad loans and chilling effects on consumer demand in the world’s 11th-largest economy. So far the big lenders such as Royal Bank of …
Canadian banks brace for impact from oil price selloffThe Fiscal Times
Falling Oil Prices Haven’t Hit the Bank of Montreal’s (NYSE:BMO) Earnings—YetProfit Confidential

all 267 news articles »

Schlumberger to buy oilfield gear maker Cameron in $14.8 billion deal – PowerSource


Business Insider
Schlumberger to buy oilfield gear maker Cameron in $14.8 billion deal
PowerSource
Schlumberger Ltd. will buy oilfield equipment maker Cameron International Corp. in a deal valued at $14.8 billion to streamline supply chains and offer cost-effective services to oil and gas customers who have slashed budgets. The deal is the latest in
Oilfield giant Schlumberger to purchase Cameron in $12.71B dealTribune-Review
Schlumberger, Cameron’s $14.8B Tie-Up to Create Oilfield PowerhouseNatural Gas Intelligence
It’s a $15 billion oil megamergerBusiness Insider
Rigzone
all 339 news articles »

Oil price falls, but why isn't petrol cheaper? – The Week UK


The Week UK
Oil price falls, but why isn’t petrol cheaper?
The Week UK
Oil prices are back in the red after failing to benefit from a ‘risk-on’ move by investors in a volatile session on Tuesday and overnight. In risk-on trading, investors buy into riskier stocks or commodities in the expectation that they will benefit
How falling oil prices have affected AberdeenThe Economist

all 11 news articles »

Crude Oil Price Dips After Inventory Shows Big Decline – 24/7 Wall St.


24/7 Wall St.
Crude Oil Price Dips After Inventory Shows Big Decline
24/7 Wall St.
Crude oil has gotten pounded over the past week, dropping to below $40 a barrel for the first time in more than six years. And even though prices are low and falling, production in the Bakken shale play in North Dakota and Montana and in the Eagle Ford
Oil Prices Fall on Less Gas Demand, Growing GlutWall Street Journal
WTI Crude Oil Prices Will Soar from M&A Activity in Late 2015Money Morning
Oil Price Slump: Nearly $250B Of Industry Cost Cuts On CardsForbes
OilPrice.com –Irish Times –CNBC
all 499 news articles »