Oilfield Umbilical Market Growth Driven by Deep Sea Activities at 3.66% CAGR to 2021 – PR Newswire (press release)

Oilfield Umbilical Market Growth Driven by Deep Sea Activities at 3.66% CAGR to 2021
PR Newswire (press release)
The market for umbilical is forecast to grow at a CAGR of approximately 3.66% during 2016 – 2021, on account of increased deep sea activities for discovering new oil and gas fields along with rise in production from existing offshore reservoirs

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Oil Prices Jump To Six-Month High – OilPrice.com


The Week UK
Oil Prices Jump To Six-Month High
OilPrice.com
Oil prices surged to their highest levels in six months on Wednesday as the Fed left interest rates unchanged. WTI jumped by 2.8 percent to $45.29 per barrel and Brent climbed by 3.17 percent to $47.19 per barrel. Those are the highest prices so far in
Oil price eases back from 2016 highs as traders ‘lock in profits’The Week UK
Analysts Just Aren’t Buying the Oil RallyWall Street Journal
Oil price hits highest level since NovemberFinancial Times
DailyFX –Nasdaq –24/7 Wall St.
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Oil's Rise Chugs On – Wall Street Journal


Wall Street Journal
Oil’s Rise Chugs On
Wall Street Journal
That trend is still supporting oil prices now, giving the rally a sense of invincibility and punishing anyone who has bet oversupply will drag prices back, Scott Shelton, broker at ICAP PLC wrote in a note. “Bottom line: get out of the way,” he wrote
How The Debacle At Doha Marked The End Of An EraOilPrice.com
Rise in Oil Prices SlowsNasdaq
Oil Prices Continue To Tiptoe HigherInvesting.com

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World Bank raises 2016 oil price forecast – AfricaNews


AfricaNews
World Bank raises 2016 oil price forecast
AfricaNews
Amid improving market sentiment and a weakening dollar, the World Bank has raised its 2016 forecast for crude oil prices to $41 per barrel from $37 per barrel. This is contained in its latest commodity Markets Outlook, stating that oversupply in
World Bank lifts oil price forecasts but warns of further painTelegraph.co.uk
Oil prices seen rising as oversupply diminishesWorld Bank Group
World Bank lifts oilprice forecast, sees supply glut subsidingMarketWatch
Economic Times –Bangkok Post –Business Standard
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Scientists say oilfield wastewater spills release toxins – U.S. News & World Report


U.S. News & World Report
Scientists say oilfield wastewater spills release toxins
U.S. News & World Report
FILE – In this July 10, 2014 file photo a worker builds up a berm against a massive saltwater spill from an underground pipeline on the Fort Berthold Indian Reservation near Mandaree, N.D. Scientists say wastewater spills from oil development in
Scientists: Dakota oilfield wastewater spills release toxinsBristol Herald Courier (press release) (blog)

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Moody's confirms ratings of 4 oilfield services firms operating in Russia – Moodys.com (press release) (subscription)

Moody’s confirms ratings of 4 oilfield services firms operating in Russia
Moodys.com (press release) (subscription)
London, 27 April 2016 — Moody’s Investors Service (Moody’s) has confirmed the ratings of four oilfield services (OFS) companies with major operations in Russia. Today’s rating confirmations comprise the Ba3 corporate family rating (CFR) of C.A.T. Oil

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Why Saudi Arabia Will Not Win The Oil Price War – OilPrice.com


OilPrice.com
Why Saudi Arabia Will Not Win The Oil Price War
OilPrice.com
Crude oil prices continued to surprise on Tuesday, with the U.S. benchmark adding another 4 percent to $44.60 a barrel. West Texas Intermediate is now up 65 percent since hitting 13-year lows below $27 a barrel February 11. It’s a performance only
Why Are Oil Prices Continuing To Rally?FX Empire

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Oil Prices Fall On Unexpected EIA Barrel Build – OilPrice.com


OilPrice.com
Oil Prices Fall On Unexpected EIA Barrel Build
OilPrice.com
One hundred and sixteen years after the birth of Woody Woodpecker creator and animator Walter Lantz, and WTI crude oil is knocking on the door of $45 – and knocking on wood that U.S. production is wilting. Here are six things to consider about the oil …
Saudi reforms could be low oil price’s cureCNBC
Saudi Arabia’s Break-Even Oil Price Plunges as Spending DropsBloomberg
Saudi Aramco CEO expects oil price upturn by year-endReuters
Yahoo Finance UK –MarketWatch –Deutsche Welle
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Cenovus Posts Loss as Oil-Price Slump Continues to Weigh – Wall Street Journal


Wall Street Journal
Cenovus Posts Loss as OilPrice Slump Continues to Weigh
Wall Street Journal
Like its oil-producing peers, Cenovus has been hard hit by the drop in oil prices and has been focused on cost-cutting efforts. Earlier this year, it slashed its dividend, cut its capital-spending budget and announced workforce reductions. Cenovus said …
Cenovus Energy to slash budget as weak oil prices hit cash flow, profitsThe Globe and Mail

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Oil price hits highest level since November – Financial Times


Financial Times
Oil price hits highest level since November
Financial Times
Oil prices have rebounded since sliding to a 13-year low in January, boosted by signs global supply and demand are coming into balance. This has prompted a rush of new investment into crude futures, with speculators raising their holdings to a record high.
WTI Crude Oil Price Forecast: China Optimism Pushes Oil Past $45/bblDailyFX
Oil is at 2016 highs as the industry’s supply-and-demand problem finally starts to rebalanceBusiness Insider
Crude Oil Price Gains Dip Following Inventory Increase24/7 Wall St.
Telegraph.co.uk –Reuters –CNBC
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Get Ready For A Texas-Sized Oil Spill On The Market – Investor's Business Daily


Investor’s Business Daily
Get Ready For A Texas-Sized Oil Spill On The Market
Investor’s Business Daily
WASHINGTON, D.C. — As U.S. oil prices near $45 per barrel, some producers could start bringing wells online, with more than 1 million barrels a day in Texas alone ready to be tapped. Shale companies have held off on completing thousands of wells, …
Forget the Saudis, US will win the oil price warMINING.com
US oil and gas 1Q earnings may be uglyArgus Media
Oil and Gas Companies Turn to Digital Technology as Low Energy Prices Pressure BusinessWall Street Journal (blog)

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Saudi reforms could be low oil price's cure – CNBC


CNBC
Saudi reforms could be low oil price’s cure
CNBC
A major obstacle holding back economic reform in Saudi Arabia has been removed. And with it goes one of the main barriers to a rising oil price. Saudi’s cabinet approved an economic reform plan on April 25 aimed at ending the country’s addiction to crude.
Weakened Saudi Arabia Could See Social Unrest After Economic ShakeupOilPrice.com
4 things Saudi Arabia’s economic reform plan says about oilMarketWatch
Saudi Arabia reforms its economy amid oil price slumpDeutsche Welle

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Oil prices seen rising as oversupply diminishes – World Bank Group


World Bank Group
Oil prices seen rising as oversupply diminishes
World Bank Group
WASHINGTON, April 26, 2016— Amid improving market sentiment and a weakening dollar, the World Bank is raising its 2016 forecast for crude oil prices to $41 per barrel from $37 per barrel in its latest Commodity Markets Outlook, as an oversupply in …
World Bank lifts oil price forecasts but warns of further painTelegraph.co.uk
World Bank lifts oilprice forecast, sees supply glut subsidingMarketWatch
World Bank raises crude oil price outlookEconomic Times
Bangkok Post –Xinhua –Kuwait News Agency
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US Oil Prices Settle at New 2016 High – Wall Street Journal


Wall Street Journal
US Oil Prices Settle at New 2016 High
Wall Street Journal
U.S. oil prices settled at a new 2016 high on Tuesday as the dollar fell and traders bet that U.S. oil output would continue to fall. However, some analysts warn that persistent market oversupply could prevent further price gains. Light, sweet crude
Oil hits 2016 high after US crude draw report, gasoline rallyReuters
The Real Reason Saudi Arabia Killed DohaOilPrice.com
Saudi Arabia’s Break-Even Oil Price Plunges as Spending DropsBloomberg
MarketWatch –The Star Online –CNBC
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Can Oil Continue To Rally Like This? – OilPrice.com


OilPrice.com
Can Oil Continue To Rally Like This?
OilPrice.com
Oil prices have bounced around a bit after last week but have held more or less in the range of $43 per barrel for WTI and $45 for Brent. The price gains over the past few weeks come as the fundamentals have improved. At the same time, if the rally
Forget the Saudis, US will win the oil price warMINING.com
In Senate hearing, experts warn of uncertainty around oil pricesFuelFix (blog)

all 24 news articles »