Sinopec First-Half Profit Slumps on Low Oil Prices – OilPrice.com


euronews
Sinopec First-Half Profit Slumps on Low Oil Prices
OilPrice.com
China Petroleum and Chemical Corporation (NYSE:SNP), or Sinopec, reported on Sunday a first-half net profit down by 21.6 percent on the year as its refining business was not enough to offset the low crude prices. Sinopec booked a net profit of US$2.982 …
Oil price slump hits Sinopec profiteuronews
Sinopec profit hit by oil price slumpHong Kong Standard (press release)
Sinopec’s interim profit slumps 21.6pc, as falling global oil price outweighs gains from refiningSouth China Morning Post

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Oil prices fall on rising Iraq output, doubt over producer talk prospects – Reuters


Reuters
Oil prices fall on rising Iraq output, doubt over producer talk prospects
Reuters
Traders said the price falls were a result of climbing output from the Middle East, where oil exports from Iraq’s southern ports have averaged 3.205 million barrels per day (bpd) in August, exceeding the average level seen in July, according to two
Oil prices sink in Asia on strong dollar, output fearsInquirer.net
Gold, Crude Oil Prices Still at the Mercy of Fed Rate Hike BetsDailyFX
Iraq Can Crush OPEC’s Oil Freeze BelieversBloomberg

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Protesters objecting to oil lease sale in Gulf kept out of BOEM offices – The Advocate


The Advocate
Protesters objecting to oil lease sale in Gulf kept out of BOEM offices
The Advocate
About a dozen protesters with a petition to stop a federal oil lease sale scheduled for Wednesday were barred from entering the Jefferson Parish building leased by the Bureau of Ocean Energy Management, which is in charge of the sale. Five months after …
Poor turnout for final oil lease sale in the GulfWashington Examiner (blog)
Gulf oil-lease auction draws bids on only 24 of 4400 lotsArkansas Online

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Oil and Gas Stock Roundup: The Spotlight Returns to the Trouble Spots (CRC, DHT, REN, BTE, ESV) – Motley Fool


Motley Fool
Oil and Gas Stock Roundup: The Spotlight Returns to the Trouble Spots (CRC, DHT, REN, BTE, ESV)
Motley Fool
Oil Well Storm. Image source: Getty Images. What: After surging last week, crude oil prices gave back some of those gains this week. By Friday afternoon, crude was down about 2.7% for the week due to an unexpected build in oil inventories and growing …

Sluggish oil price recovery forces mid-cap explorers to delay London listing plans – Telegraph.co.uk


Telegraph.co.uk
Sluggish oil price recovery forces mid-cap explorers to delay London listing plans
Telegraph.co.uk
A string of London listings planned for the oil sector has stalled amid concerns that the tentative recovery in global oil prices may take a year longer than first hoped. Small to mid-cap oil companies are understood to be lining up to list on the

Oil Prices Post Slight Gains After Janet Yellen Speaks – Wall Street Journal


Wall Street Journal
Oil Prices Post Slight Gains After Janet Yellen Speaks
Wall Street Journal
Oil prices eked out a gain Friday but settled lower for the week after the U.S. Federal Reserve chairwoman left the door open for a sooner-than-later rate increase. U.S. crude for October delivery settled up 31 cents, or 0.7%, to $47.64 a barrel on the
Oil Under Pressure As Saudi Arabia Downplays OPEC DealOilPrice.com
WTI Crude Oil Price Forecast: Crude Price Stands At H&S ResistanceDailyFX
Oil Prices Fall As Saudi Arabia Dampens Prospects of Output FreezeFortune
CNBC –Globalnews.ca
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Why Oil Investors Should Look Beyond The OPEC Meeting – OilPrice.com


CNBC
Why Oil Investors Should Look Beyond The OPEC Meeting
OilPrice.com
The Chinese government will further dampen oil demand, and temper prices, as they are curtailing oil production at hundreds of facilities ahead of the G20 Summit in September, in Hangzhou, to move towards clean air and skies while they are front and …
US crude settles 2.77 pct lower at $46.77 amid EIA report of inventory buildCNBC
Oil prices drift lower on supply dataUPI.com
Crude Oil Prices Rise on OPEC Deal Hopes, Yellen Threatens GoldDailyFX
Reuters –Spectator.co.uk –Trend News Agency
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The Latest: Livestreaming glitch during oil lease sale – Business Insider


Business Insider
The Latest: Livestreaming glitch during oil lease sale
Business Insider
A Jefferson Parish sheriff’s deputy, right, tells protesters John Clark, carrying a box with a copy of a petition against federal oil lease sales, and Blake Kopcho, second from left, that they cannot enter the building where the leasing agency has
Gulf oil-lease auction draws bids on only 24 of 4400 lotsArkansas Online
Protesters objecting to oil lease sale in Gulf kept out of BOEM officesThe Advocate
Poor turnout for final oil lease sale in the GulfWashington Examiner (blog)

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Exclusive Interview With Elizabeth Ames Coleman, Former Chairman, Texas Railroad Commission – Oil & Gas 360


Oil & Gas 360
Exclusive Interview With Elizabeth Ames Coleman, Former Chairman, Texas Railroad Commission
Oil & Gas 360
Crude oil plays an important role in both energy and politics, and sometimes policy can have a significant impact on the development of the oil and gas industry. In order to help companies navigate the obstacles of federal regulation, Former Chairman

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Land Buyers Stampede Into Texas Oil Patch – Wall Street Journal


Wall Street Journal
Land Buyers Stampede Into Texas Oil Patch
Wall Street Journal
One came about after the New York investment firm early this year lost out to a big oil company bidding on about 12,000 acres south of New Mexico. Blackstone didn’t walk away from the auction empty-handed, though, having persuaded the sellers to join
Blackstone Unleashes Cash Hoard in Texas Shale Oil Land GrabBloomberg

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Low prices may hobble potentially massive new Canada oilfield – Reuters


CBC.ca
Low prices may hobble potentially massive new Canada oilfield
Reuters
CALGARY, Alberta A deepwater oilfield off the coast of eastern Canada could hold 25.5 billion barrels of crude, according to a new seismic report by the Newfoundland and Labrador government, potentially making it the country’s largest offshore resource.
OIL PRICES REVERSE LOSSES, TURN POSITIVEReuters UK

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Oil Markets On Edge Awaiting Yellen's Speech – OilPrice.com


CNBC
Oil Markets On Edge Awaiting Yellen’s Speech
OilPrice.com
As the dollar softens and crude edges higher, hark – here are five things to consider in oil markets today. 1) Ecuador President Rafael Correa met with Iran’s Foreign Minister Javad Zarif yesterday, apparently to discuss oil prices. While Iran
US crude settles 2.77 pct lower at $46.77 amid EIA report of inventory buildCNBC
Oil prices drift lower on supply dataUPI.com
Iran, Ecuador discuss ways to strengthen oil pricesReuters
DailyFX –Spectator.co.uk –Trend News Agency
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China's Oil Majors Are Burning Through Oil Reserves – OilPrice.com


China Daily
China’s Oil Majors Are Burning Through Oil Reserves
OilPrice.com
China’s state-owned oil companies have been beaten down by low oil prices and stagnant demand at home. PetroChina and Cnooc reported dismal earnings this week, and offered little reason for hope moving forward. PetroChina said its profit fell by 98 …
CNOOC suffers big loss on low oil priceChina Daily

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