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    LOCATION:HOME> News > Industry News
    Industry News
    The following is the news list page
    19 2018-06

    In Icahn-SandRidge tiff, bitter words hide overlapping targets

    NEW YORK (Bloomberg) --The oil industrys ugliest battle is heading for a climax in Oklahoma City on Tuesday. But SandRidge Energy Inc. is probably bound for the auction block anyway. Whether.........

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    15 2018-06

    Oil trades near $67 as Saudi Arabia sees "inevitable" supply boost

    LONDON (Bloomberg) --Oil steadied just below $67/bbl as Saudi Arabias energy minister said an OPEC agreement to raise production is inevitable. Futures in New York rose 0.5% after a 1.4% inc.........

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    14 2018-06

    Oil companies ask to throw out New York's climate change lawsuit

    MANHATTAN (Bloomberg) --A group of the worlds biggest oil companies asked a judge to throw out New York Citys lawsuit seeking to hold them responsible for costs related to climate change. Co.........

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    13 2018-06

    Oil trades near $66 as OPEC split deepens over production boost

    LONDON (Bloomberg) -- Oil traded near $66/bbl as producing countries disagreed over relaxing output curbs and OPEC highlighted the uncertainty over the strength of demand later this year. Fu.........

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    11 2018-06

    Hedge fund with 69% return sees more to come from oil recovery

    OSLO (Bloomberg) --A hedge fund run by a former associate of billionaire John Fredriksen has gained 69% in two years betting on shunned oil-related assets -- and its not nearly done exploiti.........

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    08 2018-06

    OPEC finds rewards from oil-supply cuts weren't evenly split

    LONDON (Bloomberg) --OPECs members all benefited from last years supply deal, but the rewards werent evenly divided. The Organization of Petroleum Exporting Countries overall oil-export reve.........

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    07 2018-06

    Repsol shows faith in oil's rally with dividend, spending boost

    MADRID (Bloomberg) --Repsol SA, Spains largest oil producer, plans to raise dividends and investments over the next two years on a bet that crude will remain above $50/bbl. The scrip dividen.........

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    06 2018-06

    Goldman says U.S. oil request won't stop stockpiles dwindling

    LONDON (Bloomberg) --The outlook for oil is still bullish even if OPEC accedes to U.S. pressure to boost supply, Goldman Sachs Group Inc.s top commodities analyst said. The U.S. government h.........

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    05 2018-06

    Shell says Nigeria attacks persist even as oil output recovers

    ABUJA (Bloomberg) --Nigerias oil wells may be flowing again, but the countrys largest operator says attacks continue to put a brake on output. Security in parts of the Niger delta remains a .........

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    30 2018-05

    Oil slips after Saudi-Russian revival talk "popped the bubble"

    NEW YORK (Bloomberg) --Crude fell for a fifth straight day as the market weighs the prospects of rising production from Saudi Arabia and Russia. Futures fell 1.7% in New York to their lowest.........

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    28 2018-05

    Saudi-Russia policy shift sets stage for tense OPEC meeting

    LONDON (Bloomberg) --When Saudi Arabia and Russia announced a new policy to revive oil production last week, one thing was missing: most of the other partners in their grand coalition. With .........

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    25 2018-05

    Oil extends slide as Russia talks of easing OPEC supply curbs

    NEW YORK (Bloomberg) --Oil prices slid for a third day in New York after Russia signaled that phasing out historic supply curbs that eliminated a worldwide glut may be on the table. West Tex.........

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    24 2018-05

    The $100/bbl oil wager comes back to the options market

    LONDON (Bloomberg) --Some options traders are betting on $100 oil again. Whether its the specter of sanctions on Iran, Venezuelas output plunge, or a momentum play on the back of the past ye.........

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    23 2018-05

    Norway's $1-trillion wealth fund moves closer to oil exit

    OSLO (Bloomberg) --Norways $1-trillion sovereign wealth fund cleared a hurdle on its proposed path to exiting oil and gas stocks. The fund won support from key academics at Norways top unive.........

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    17 2018-05

    More pain may come for Nigeria's loss-making oil behemoth

    LAGOS (Bloomberg) --Its meant to be a cash cow, but the state oil company of Africas biggest producer is bleeding money. Nigerian National Petroleum Corp., the Abuja-based behemoth that domi.........

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