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22h
WA Today
World's largest energy trader Vitol sees a decade of low oil priceThe forecast would mean oil-rich countries and the energy industry would face t
World's largest energy trader Vitol sees a decade of low oil price
WA Today / Posted 22 hours ago
The forecast would mean oil-rich countries and the energy industry would face the longest stretch of low prices since the 1986-99 period. Photo: Bloomberg Oil prices will stay low for as long as 10 years as Chinese economic growth slows and the US... Read more
5 related stories
22h
Canberra Times
World's largest energy trader Vitol sees a decade of low oil priceThe forecast would mean oil-rich countries and the energy industry would face t
World's largest energy trader Vitol sees a decade of low oil price
Canberra Times / Posted 22 hours ago
The forecast would mean oil-rich countries and the energy industry would face the longest stretch of low prices since the 1986-99 period. Photo: Bloomberg Oil prices will stay low for as long as 10 years as Chinese economic growth slows and the US... Read more
5 related stories
23h
Brisbane Times
World's largest energy trader Vitol sees a decade of low oil priceThe forecast would mean oil-rich countries and the energy industry would face t
World's largest energy trader Vitol sees a decade of low oil price
Brisbane Times / Posted 23 hours ago
The forecast would mean oil-rich countries and the energy industry would face the longest stretch of low prices since the 1986-99 period. Photo: Bloomberg Oil prices will stay low for as long as 10 years as Chinese economic growth slows and the US... Read more
5 related stories
23h
Sydney Morning Herald
World's largest energy trader Vitol sees a decade of low oil priceThe forecast would mean oil-rich countries and the energy industry would face t
World's largest energy trader Vitol sees a decade of low oil price
Sydney Morning Herald / Posted 23 hours ago
The forecast would mean oil-rich countries and the energy industry would face the longest stretch of low prices since the 1986-99 period. Photo: Bloomberg Oil prices will stay low for as long as 10 years as Chinese economic growth slows and the US... Read more
5 related stories
23h
The Age
World's largest energy trader Vitol sees a decade of low oil priceThe forecast would mean oil-rich countries and the energy industry would face t
World's largest energy trader Vitol sees a decade of low oil price
The Age / Posted 23 hours ago
The forecast would mean oil-rich countries and the energy industry would face the longest stretch of low prices since the 1986-99 period. Photo: Bloomberg Oil prices will stay low for as long as 10 years as Chinese economic growth slows and the US... Read more
5 related stories
1d
Newsmax
World's Largest Energy Trader Sees a Decade of Low Oil PriceOil prices will stay low for as long as 10 years as Chinese economic growth slo
World's Largest Energy Trader Sees a Decade of Low Oil Price
Newsmax / Posted yesterday
Oil prices will stay low for as long as 10 years as Chinese economic growth slows and the U.S. shale industry acts as a cap on any rally, according to the world’s largest independent oil-trading house. "It’s hard to see a dramatic price increase,"... Read more
5 related stories
4d
Newsmax
How Much Global Oil Output Halted Due to Low Prices? Just 0.1 PercentAfter a year of low oil prices, only 0.1 percent of global production has been
How Much Global Oil Output Halted Due to Low Prices? Just 0.1 Percent
Newsmax / Posted 4 days ago
After a year of low oil prices, only 0.1 percent of global production has been curtailed because it’s unprofitable, according to a report from consultants Wood Mackenzie Ltd. that highlights the industry’s resilience. The analysis, published ahead... Read more
8 related stories
5d
Market Watch
Shell annual profit falls 80%, but shares riseLONDON-- Royal Dutch Shell PLC on Thursday announced a near 60% slump in fourth
Shell annual profit falls 80%, but shares rise
Market Watch / Posted 5 days ago
LONDON-- Royal Dutch Shell PLC on Thursday announced a near 60% slump in fourth-quarter profit, hit by sliding production and plunging global oil prices. The Anglo-Dutch oil company's fourth-quarter profit on a current cost-of-supplies basis--a... Read more
50 related stories
5d
Market Watch
Mart to operate its own gas stationsFor most of the past 20 years, Wal-Mart Stores Inc. has let another company bui
Mart to operate its own gas stations
Market Watch / Posted 5 days ago
For most of the past 20 years, Wal-Mart Stores Inc. has let another company build and operate gas stations in the parking lots of its stores. Now, the retailer has decided it wants to pump its own gasoline. Although oil prices have tumbled in the... Read more
6d
The Houma Courier
Analysts predict oil prices will surge by about 50 percent by fourth quarter as supply easesAnalysts are projecting prices will climb more than $15 by the end of 2016. New
Analysts predict oil prices will surge by about 50 percent by fourth quarter as supply eases
The Houma Courier / Posted 6 days ago
Analysts are projecting prices will climb more than $15 by the end of 2016. New York crude will reach $46 a barrel during the fourth quarter, while Brent in London will trade at $48 in the same period, the median of 17 estimates compiled by Bloomberg... Read more
88 related stories
6d
The Daily Comet
Analysts predict oil prices will surge by about 50 percent by fourth quarter as supply easesAnalysts are projecting prices will climb more than $15 by the end of 2016. New
Analysts predict oil prices will surge by about 50 percent by fourth quarter as supply eases
The Daily Comet / Posted 6 days ago
Analysts are projecting prices will climb more than $15 by the end of 2016. New York crude will reach $46 a barrel during the fourth quarter, while Brent in London will trade at $48 in the same period, the median of 17 estimates compiled by Bloomberg... Read more
88 related stories
6d
The Houma Courier
Analysts predict oil prices will surge by about 50 percent by fourth quarter as supply easesAnalysts are projecting prices will climb more than $15 by the end of 2016. New
Analysts predict oil prices will surge by about 50 percent by fourth quarter as supply eases
The Houma Courier / Posted 6 days ago
Analysts are projecting prices will climb more than $15 by the end of 2016. New York crude will reach $46 a barrel during the fourth quarter, while Brent in London will trade at $48 in the same period, the median of 17 estimates compiled by Bloomberg... Read more
88 related stories
6d
The Houma Courier
Anlysts predict oil prices will surge by about 50 percent by fourth quarter as supply easesAnalysts are projecting prices will climb more than $15 by the end of 2016. New
Anlysts predict oil prices will surge by about 50 percent by fourth quarter as supply eases
The Houma Courier / Posted 6 days ago
Analysts are projecting prices will climb more than $15 by the end of 2016. New York crude will reach $46 a barrel during the fourth quarter, while Brent in London will trade at $48 in the same period, the median of 17 estimates compiled by Bloomberg... Read more
88 related stories
6d
The Daily Comet
Anlysts predict oil prices will surge by about 50 percent by fourth quarter as supply easesAnalysts are projecting prices will climb more than $15 by the end of 2016. New
Anlysts predict oil prices will surge by about 50 percent by fourth quarter as supply eases
The Daily Comet / Posted 6 days ago
Analysts are projecting prices will climb more than $15 by the end of 2016. New York crude will reach $46 a barrel during the fourth quarter, while Brent in London will trade at $48 in the same period, the median of 17 estimates compiled by Bloomberg... Read more
88 related stories
6d
Zero Hedge
February 3Overnight Media Digest - Exxon Mobil Corp posted its weakest annual results in
February 3
Zero Hedge / Posted 6 days ago
Overnight Media Digest - Exxon Mobil Corp posted its weakest annual results in more than a decade and BP PLC suffered a loss as big as that booked in the aftermath of the worst offshore oil spill in its history, showing the extent of the damage that... Read more
6d
Market Watch
Oil glut drains Exxon, BP earningsExxon Mobil Corp. posted its weakest annual results in more than a decade and B
Oil glut drains Exxon, BP earnings
Market Watch / Posted 6 days ago
Exxon Mobil Corp. posted its weakest annual results in more than a decade and BP PLC suffered a loss as big as that booked in the aftermath of the worst offshore oil spill in its history, showing the extent of the damage that the 20-month crude-price... Read more
69 related stories
6d
The Malaysian Insider
Wall Street slides with Exxon, oil Published: 3 February 2016 8:05 AM About 8.5 billion shares changed hands on
Wall Street slides with Exxon, oil
The Malaysian Insider / Posted 6 days ago
Published: 3 February 2016 8:05 AM About 8.5 billion shares changed hands on US exchanges, below the 9.2 billion daily average for the past 20 trading days. – Reuters pic, February 3, 2016.US stocks dropped... Read more
46 related stories
6d
The Globe and Mail
More cuts hit oil sector as crude prices retreatSome of the world’s biggest oil and gas companies announced fresh cuts to spend
More cuts hit oil sector as crude prices retreat
The Globe and Mail / Posted 6 days ago
Some of the world’s biggest oil and gas companies announced fresh cuts to spending and employment levels as tumbling crude prices sap profit and hopes for a deal to curb global oversupply fade. U.S. crude oil prices crashed below $30 (U.S.) a barrel... Read more
63 related stories
6d
Morningstar
Dow Logs Nearly 300-point Loss As Oil Sinks Below $30Wall Street stocks ended sharply lower Tuesday as investors unloaded energy and
Dow Logs Nearly 300-point Loss As Oil Sinks Below $30
Morningstar / Posted 6 days ago
Wall Street stocks ended sharply lower Tuesday as investors unloaded energy and financial stocks amid a selloff in crude-oil futures, which settled below $30 a barrel. The downdraft in energy shares and banks offset strong gains in Google parent... Read more
3 related stories
7d
The Globe and Mail
TSX, Dow plummet as oil slides, earnings disappointCanadian stocks retreated a second day on Tuesday as crude prices extended loss
TSX, Dow plummet as oil slides, earnings disappoint
The Globe and Mail / Posted 7 days ago
Canadian stocks retreated a second day on Tuesday as crude prices extended losses before weekly U.S. government stockpile data and the first of the nation’s energy producers reported a slump in quarterly earnings, hinting at more carnage for the... Read more
63 related stories
7d
Business Spectator
Wall Street sinks as oil dropsUS stocks slumped Tuesday as oil prices resumed their slide and some of the wor
Wall Street sinks as oil drops
Business Spectator / Posted 7 days ago
US stocks slumped Tuesday as oil prices resumed their slide and some of the world’s biggest energy companies posted disappointing quarterly results. The Dow Jones Industrial Average lost 280 points, or 1.7 per cent, to 16170 at 5.45am (AEDT). The... Read more
46 related stories
7d
Morningstar
European Stocks End Lower; Stumble For 2nd Day As Oil SlidesEuropean stocks finished lower Tuesday, slumping the most in almost in two week
European Stocks End Lower; Stumble For 2nd Day As Oil Slides
Morningstar / Posted 7 days ago
European stocks finished lower Tuesday, slumping the most in almost in two weeks as another selloff in oil prices hit sentiment. Commodity shares were rattled by a steep financial losses at oil major BP PLC and a ratings cut at mining heavyweight... Read more
7 related stories
7d
Channel NewsAsia
Exxon's profit tumbles 58 percent, slashes capex by one-quarterREUTERS: Exxon Mobil Corp on Tuesday reported its smallest quarterly profit in
Exxon's profit tumbles 58 percent, slashes capex by one-quarter
Channel NewsAsia / Posted 7 days ago
REUTERS: Exxon Mobil Corp on Tuesday reported its smallest quarterly profit in more than a decade and said it will cut 2015 spending by one-quarter and suspend share repurchases as it copes with a prolonged downturn in crude prices. Shares of Exxon,... Read more
63 related stories
7d
Zero Hedge
Groundhog Day Trading: Stocks Slide As Oil Plunge Returns; BP Suffers Biggest Loss On RecordIt certainly does feel like groundhog day today because while last week's near
Groundhog Day Trading: Stocks Slide As Oil Plunge Returns; BP Suffers Biggest Loss On Record
Zero Hedge / Posted 7 days ago
It certainly does feel like groundhog day today because while last week's near record oil surge is long forgotten, and one can debate the impact the result of last night's Iowa primary which saw Trump disappoint to an ascendant Ted Cruz while Hillary... Read more
63 related stories
7d
Morningstar
European Stocks Face A Second Day In The RedEuropean stocks slumped Tuesday, on course for a second straight losing session
European Stocks Face A Second Day In The Red
Morningstar / Posted 7 days ago
European stocks slumped Tuesday, on course for a second straight losing session, as oil prices slid once again. Commodity shares were also rattled by a steep financial loss at oil major BP PLC and a ratings cut at mining heavyweight BHP Billiton... Read more
7 related stories
7d
Market Watch
European stocks face a second day in the redEuropean stocks slumped Tuesday, on course for a second straight losing session
European stocks face a second day in the red
Market Watch / Posted 7 days ago
European stocks slumped Tuesday, on course for a second straight losing session, as oil prices slid once again. Commodity shares were also rattled by a steep financial loss at oil major BP PLC and a ratings cut at mining heavyweight BHP Billiton... Read more
7 related stories
7d
Market Watch
FTSE 100 dragged lower as BP slides by the most in five monthsU.K. stocks dropped Tuesday, with BP PLC shares losing the most in more than fi
FTSE 100 dragged lower as BP slides by the most in five months
Market Watch / Posted 7 days ago
U.K. stocks dropped Tuesday, with BP PLC shares losing the most in more than five months after the oil major suffered an annual loss, with the moves coming ahead of monthly construction figures for the U.K. BP shares sank to the bottom of the... Read more
7d
Market Watch
BP suffers $5.2 billion annual lossLONDON-- BP PLC Tuesday reported a sharp loss in the fourth quarter, hit by hea
BP suffers $5.2 billion annual loss
Market Watch / Posted 7 days ago
LONDON-- BP PLC Tuesday reported a sharp loss in the fourth quarter, hit by heavy impairments and the continuing impact of a steep slide in oil prices. London-based BP's dismal financial performance illustrates the toll a 20-month slide in oil... Read more
69 related stories
7d
Market Watch
BP reports steep fourth-quarter lossLONDON-- BP PLC Tuesday reported a sharp loss in the fourth quarter, hit by hea
BP reports steep fourth-quarter loss
Market Watch / Posted 7 days ago
LONDON-- BP PLC Tuesday reported a sharp loss in the fourth quarter, hit by heavy impairments and the continuing impact of a steep slide in oil prices. London-based BP said its replacement cost loss--a number analogous to the net income that U.S.... Read more
8d
The Age
S&P downgrades Shell, other oil majors on watch for rating cuts"We now believe many major oil and gas companies' current and prospective core
S&P downgrades Shell, other oil majors on watch for rating cuts
The Age / Posted 8 days ago
"We now believe many major oil and gas companies' current and prospective core debt coverage metrics are likely to remain below our rating guidelines for two or three years." Photo: Chris Ratcliffe Standard & Poor's lowered its rating on Royal Dutch... Read more
2 related stories
8d
Sydney Morning Herald
S&P downgrades Shell, other oil majors on watch for rating cuts"We now believe many major oil and gas companies' current and prospective core
S&P downgrades Shell, other oil majors on watch for rating cuts
Sydney Morning Herald / Posted 8 days ago
"We now believe many major oil and gas companies' current and prospective core debt coverage metrics are likely to remain below our rating guidelines for two or three years." Photo: Chris Ratcliffe Standard & Poor's lowered its rating on Royal Dutch... Read more
2 related stories
8d
Canberra Times
S&P downgrades Shell, other oil majors on watch for rating cuts"We now believe many major oil and gas companies' current and prospective core
S&P downgrades Shell, other oil majors on watch for rating cuts
Canberra Times / Posted 8 days ago
"We now believe many major oil and gas companies' current and prospective core debt coverage metrics are likely to remain below our rating guidelines for two or three years." Photo: Chris Ratcliffe Standard & Poor's lowered its rating on Royal Dutch... Read more
2 related stories
8d
Market Watch
BP unveils management shake-upLONDON-- BP PLC Monday announced a management shake up, promoting the head of i
BP unveils management shake-up
Market Watch / Posted 8 days ago
LONDON-- BP PLC Monday announced a management shake up, promoting the head of its exploration and production arm, Lamar McKay, to the new position of deputy chief executive. The company pitched the executive reshuffle as part of a broader plan to... Read more
10d
Arkansas Democrat-Gazette
Chevron's 4Q loss first since 2002OPEC's market-share war is inflicting more pain than the world's top tier of oi
Chevron's 4Q loss first since 2002
Arkansas Democrat-Gazette / Posted 10 days ago
OPEC's market-share war is inflicting more pain than the world's top tier of oil producers have felt in at least 13 years. Chevron Corp., the first big oil producer to report fourth-quarter results, posted its first loss since 2002 on Friday and... Read more
25 related stories
10d
Market Watch
Chevron loss shows deeper challenge for energy cosChevron Corp. is readying a second wave of layoffs and slashing its capital spe
Chevron loss shows deeper challenge for energy cos
Market Watch / Posted 10 days ago
Chevron Corp. is readying a second wave of layoffs and slashing its capital spending by more than $9 billion this year, the company said Friday as it reported a surprise fourth-quarter loss of more than half a billion dollars. The company's first... Read more
25 related stories
11d
The Globe and Mail
Running on empty: Big Oil needs a bigger visionAbout 15 years ago, BP PLC, the oil and gas giant formerly known as British Pet
Running on empty: Big Oil needs a bigger vision
The Globe and Mail / Posted 11 days ago
About 15 years ago, BP PLC, the oil and gas giant formerly known as British Petroleum, doused itself in green and invented a cheery new starburst logo adorned with “Beyond Petroleum.” The message: BP would evolve from a fossil fuel company into a... Read more
11d
Zero Hedge
3 Things: Fed Fails, Houston Horror, And Market MalaiseSubmitted by Lance Roberts via RealInvestmentAdvice.com, Yesterday, the Fed cl
3 Things: Fed Fails, Houston Horror, And Market Malaise
Zero Hedge / Posted 11 days ago
Submitted by Lance Roberts via RealInvestmentAdvice.com, Yesterday, the Fed clearly showed they are trapped in their decision to raise rates. Despite an ongoing deterioration in the underlying economic and financial market fabric, Yellen & Co.... Read more
12d
Morningstar
European stocks fall as earnings, Fed weighThe Stoxx Europe 600 reversed an earlier gain to lose 1.3% at 335.90, with Germ
European stocks fall as earnings, Fed weigh
Morningstar / Posted 12 days ago
The Stoxx Europe 600 reversed an earlier gain to lose 1.3% at 335.90, with Germany's DAX 30 slumping by 1.5% at 9,728.71. In Frankfurt, Deutsche Bank (DBK.XE) (DBK.XE) shares fell 4% after the German lender reported its first fiscal-year loss since... Read more
3 related stories
12d
The Malaysian Insider
In US oil capital Houston, no cheap fuel bonanza for airlines Published: 28 January 2016 6:44 PM The oil slide has largely helped US airli
In US oil capital Houston, no cheap fuel bonanza for airlines
The Malaysian Insider / Posted 12 days ago
Published: 28 January 2016 6:44 PM The oil slide has largely helped US airlines, reducing one of their biggest expenses and adding hundreds of millions of dollars to their bottom lines.... Read more
6 related stories
12d
Channel NewsAsia
In US oil capital Houston, no cheap fuel bonanza for airlinesNEW YORK: While airlines are in no rush to pass on fuel savings to passengers b
In US oil capital Houston, no cheap fuel bonanza for airlines
Channel NewsAsia / Posted 12 days ago
NEW YORK: While airlines are in no rush to pass on fuel savings to passengers brought by the collapse in oil prices, the Houston travel market has left them little choice. Airlines serving the U.S. oil capital have resorted to steep discounts to... Read more
6 related stories
12d
Reuters
In U.S. oil capital Houston, no cheap fuel bonanza for airlinesUnited Airlines planes are seen on platform at the Newark Liberty International
In U.S. oil capital Houston, no cheap fuel bonanza for airlines
Reuters / Posted 12 days ago
United Airlines planes are seen on platform at the Newark Liberty International Airport in New Jersey, July 8, 2015. NEW YORK While airlines are in no rush to pass on fuel savings to passengers brought by the collapse in oil prices, the Houston... Read more
6 related stories
13d
FOX 8 New Orleans
Miss. lawmakers give mixed reviews to State of the StateJACKSON, Miss. (AP) - Reaction by some Mississippi lawmakers to the State of th
Miss. lawmakers give mixed reviews to State of the State
FOX 8 New Orleans / Posted 13 days ago
JACKSON, Miss. (AP) - Reaction by some Mississippi lawmakers to the State of the State speech by Republican Gov. Phil Bryant: Rep. Alyce Clarke, D-Jackson, said she's concerned that school choice, whether to other conventional public schools or to... Read more
13d
WLBT 3 Jackson
Miss. lawmakers give mixed reviews to State of the StateJACKSON, Miss. (AP) - Reaction by some Mississippi lawmakers to the State of th
Miss. lawmakers give mixed reviews to State of the State
WLBT 3 Jackson / Posted 13 days ago
JACKSON, Miss. (AP) - Reaction by some Mississippi lawmakers to the State of the State speech by Republican Gov. Phil Bryant: Rep. Alyce Clarke, D-Jackson, said she's concerned that school choice, whether to other conventional public schools or to... Read more
14d
Arkansas Democrat-Gazette
Saudis stay course despite oil glutThe world's biggest oil producer is spending as much now as it did before the c
Saudis stay course despite oil glut
Arkansas Democrat-Gazette / Posted 14 days ago
The world's biggest oil producer is spending as much now as it did before the crash in crude prices, signaling no surrender in Saudi Arabia's battle with rivals. Saudi Arabian Oil Co. is maintaining investment in oil and natural gas projects and has... Read more
23 related stories
15d
Zero Hedge
Oil Slides Dragging Global Stocks, US Futures Lower, After Saudi Aramco Supply CommentsAfter the biggest two-day surge in oil in seven years, early in the overnight s
Oil Slides Dragging Global Stocks, US Futures Lower, After Saudi Aramco Supply Comments
Zero Hedge / Posted 15 days ago
After the biggest two-day surge in oil in seven years, early in the overnight session both Brent and WTI continued their run for a third day, entering a bull market, 20% up from recent lows hit just last week (yet still 15% down on the year) when... Read more
15d
Swissinfo
Canada Inc. Strains to Sell Post-Oil Economy in Davos Rebrand(Bloomberg) -- Canada’s business elite went to Davos to talk up the country’s p
Canada Inc. Strains to Sell Post-Oil Economy in Davos Rebrand
Swissinfo / Posted 15 days ago
(Bloomberg) -- Canada’s business elite went to Davos to talk up the country’s potential as a high-tech hub that can handle weak oil prices. First, they have to get past the price of cauliflower. A recent social media frenzy over the cost of imported... Read more
17d
Arkansas Democrat-Gazette
Oil rout's end near, economist saysOil producers congregating in Davos have said they agree that the oil rout can'
Oil rout's end near, economist says
Arkansas Democrat-Gazette / Posted 17 days ago
Oil producers congregating in Davos have said they agree that the oil rout can't go much further, but there's less consensus about when the recovery will arrive. From nations such as Kazakhstan and Saudi Arabia to top trading houses like Mercuria... Read more
6 related stories
17d
Denver Post
New rules would cut methane vented on public landsThe Obama administration moved for the first time Friday to stop energy compani
New rules would cut methane vented on public lands
Denver Post / Posted 17 days ago
The Obama administration moved for the first time Friday to stop energy companies from releasing unwanted natural gas from oil wells drilled on federal lands, a practice environmentalists say contributes to global warming. The draft rule is seen as... Read more
38 related stories
18d
Swissinfo
Davos Oil: Roubini to Kazakhstan Agree Rout Can’t Last(Bloomberg) -- One thing that oil producers congregating in Davos agree on is t
Davos Oil: Roubini to Kazakhstan Agree Rout Can’t Last
Swissinfo / Posted 18 days ago
(Bloomberg) -- One thing that oil producers congregating in Davos agree on is that the oil rout can’t go much further. There’s less consensus about when the recovery will arrive. Officials from Kazakhstan and Nigeria to Azerbaijan and Saudi Arabia,... Read more
6 related stories
18d
Swissinfo
Davos Oil View: Roubini to Kazakhstan Agree Rout Can’t Last(Bloomberg) -- One thing that oil producers congregating in Davos agree on is t
Davos Oil View: Roubini to Kazakhstan Agree Rout Can’t Last
Swissinfo / Posted 18 days ago
(Bloomberg) -- One thing that oil producers congregating in Davos agree on is that the oil rout can’t go much further. There’s less consensus about when the recovery will arrive. Officials from Kazakhstan and Nigeria to Azerbaijan and Saudi Arabia,... Read more
6 related stories
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