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Oil price rises but IEA's supply glut warning limits gains

Sep 14, 2016

Oil price rises but IEA's supply glut warning limits gains

Traders will be watching for any deals to freeze or cut output when OPEC and non-OPEC producers meet in Algeria later this month #oil #OPEC #IEA #crude inventories
Donald Trump favours strong relations between US and Russia

Aug 02, 2016

Donald Trump favours strong relations between US and Russia

Republican presidential nominee Donald Trump has favoured strong relations between the US and Russia in wiping out the Islamic State terror group. #Obama #China #Donald Trump #US #oil #NewsTracker #Russia #Nato #Vladmir Putin #Republican #islamic-state
IOC-led consortium buys 24% stake in Russia's Vankor oil field for $2.1 bn

Jun 18, 2016

IOC-led consortium buys 24% stake in Russia's Vankor oil field for $2.1 bn

ONGC Videsh Ltd has recently picked up 15 percent stake in the Vankor fields for $1.27 billion #oil #ONGC #IOC #BPCL #oil field #Rosneft #Vankor oil field #Bharat PetroResources
Trump calls global warming a 'hoax', plans to cancel Paris Climate agreement

May 27, 2016

Trump calls global warming a 'hoax', plans to cancel Paris Climate agreement

Donald Trump promises to roll back some of America's ambitious environmental policies, which he said would revive the ailing US oil and coal industries. #Donald Trump #United Nations #oil #Middle East #NewsTracker #Hillary Clinton #Global warming #Canada #Paris Agreement #Bernie Sanders
ONGC Q4 net profit rises 12% to Rs 4,416 cr on subsidy exemption relief

May 26, 2016

ONGC Q4 net profit rises 12% to Rs 4,416 cr on subsidy exemption relief

Net profit of Rs 4,416 crore in January-March was 12.2 percent higher than Rs 3,935 crore net profit in the same period a year ago #oil #ONGC #net profit #gas #subsidy exemption
Brent crude surpasses USD 50 a barrel for first time this year

May 26, 2016

Brent crude surpasses USD 50 a barrel for first time this year

Brent crude passed $50 a barrel for the first time in 2016 on Thursday after data showed a fall in US crude inventories, adding to expectations of a tightening global market. #oil prices #crude oil #oil #NewsTracker #Iran #brent crude #Canada
Oil prices jump as Goldman Sachs says market flips into deficit

May 16, 2016

Oil prices jump as Goldman Sachs says market flips into deficit

Oil prices jumped over 1 percent on Monday after long-time bear Goldman Sachs said the market had ended almost two years of oversupply following global oil disruptions and flipped to a deficit. #oil #Goldman Sachs #Deficit
Crude oil prices fall on news of possible Saudi oilfield expansion

Apr 25, 2016

Crude oil prices fall on news of possible Saudi oilfield expansion

Prices tumbled initially last Monday after the collapse of a meeting of major producers aimed at freezing output. #Energy #oil #gas #Saudi oilfield expansion
Global oil prices will remain low for long, at least 3-5 years: Mukesh Ambani on Fareed Zakaria GPS

Feb 22, 2016

Global oil prices will remain low for long, at least 3-5 years: Mukesh Ambani on Fareed Zakaria GPS

"As we see the situation- it’s low for long. And it’s really the first time in the world that oil prices have gone down on incremental supply." #oil #TheySaidIt ##CelebratingJio #MukeshAmbani #FareedZakaria