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    March 26-28,2025

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    17 2016-08

    Venezuela oil exports seen falling as economic woes worsen

    NEW YORK (Bloomberg) -- The long decline in Venezuelas oil production is becoming a supply risk for international markets, according to a report by Columbia Universitys Center on Global Ener.........

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    16 2016-08

    Oil market hears what it wants, but it's just chatter: Column

    NEW YORK (Bloomberg Gadfly) -- As long as there are eager buyers of bridges, there will be willing sellers. Oil has rallied 8% over the past week or so on the pleasingly oxymoronic notion of.........

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    15 2016-08

    Oil rises to weekly gain as Saudis reiterate wish for stability

    NEW YORK (Bloomberg) -- Oil climbed to its biggest weekly advance since April as Saudi Arabia signaled its prepared to discuss stabilizing markets at informal OPEC discussions next month aft.........

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    12 2016-08

    IEA sees oil market rebalancing despite record Gulf production

    PARIS (Bloomberg) -- Global oil markets will continue to re-balance this year as a pick-up in demand from refiners absorbs record output from several Persian Gulf producers, the Internationa.........

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    11 2016-08

    Taqa second-quarter loss widens on lower oil, gas prices

    DUBAI (Bloomberg) -- Abu Dhabi National Energy Co., the government-controlled utility known as Taqa, reported a wider loss in the second-quarter as lower oil and natural gas prices crimped r.........

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    10 2016-08

    Oil bear market attracts record bets on further price slide

    NEW YORK (Bloomberg) -- Hedge funds have gone all-in on lower oil prices, counting on seasonal weakness to play out again this year. Money managers increased wagers on declining crude prices.........

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    09 2016-08

    Oil trades near two-week high as investors weigh OPEC talks

    NEW YORK (Bloomberg) -- Oil traded near the highest in two-weeks as investors weighed whether OPEC members will be able to agree on any production limits when they hold informal talks in Alg.........

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    08 2016-08

    Libya starts work at biggest oil port in step to increase output

    Libya starts work at biggest oil port in step to increase output By HATEM MOHAREB, SALMA EL WARDANY on 8/7/2016 RAS LANUF, Libya (Bloomberg) -- Libya has started maintenance work at Es Sider.........

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    05 2016-08

    Oil above $100/bbl was ‘abnormal,’ OPEC’s new chief says

    VIENNA, Austria (Bloomberg) -- Oils climb above $100/bbl before prices crashed in 2014 was driven by abnormal conditions that couldnt last, according to OPECs new Secretary-General. The skyr.........

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    04 2016-08

    Iran adopts oil contract as glut no barrier to production boost

    TEHRAN (Bloomberg) -- Iran approved an outline for a new oil contract model, taking the OPEC member a step closer to welcoming foreign investment in its energy industry and boosting producti.........

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    03 2016-08

    OPEC output disrupted in July on Nigeria attacks, Libya dispute

    NEW YORK (Bloomberg) -- OPECs crude oil output was disrupted in July by militant attacks in Nigeria and political disputes in Libya, according to a Bloomberg News survey. Output from the 13 .........

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    02 2016-08

    Offshore safety continues to improve, Oil &amp; Gas UK report shows

    LONDON -- Personal safety performance across oil and gas operations on the UK Continental Shelf (UKCS) continued to improve in 2015, according to the 2016 Oil Gas UK Health Safety Report pub.........

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    01 2016-08

    Oil giants find there’s nowhere to hide from doomsday market

    HOUSTON (Bloomberg) -- Exxon Mobil Corp. and Royal Dutch Shell Plc this week reported their lowest quarterly profits since 1999 and 2005, respectively. Chevron Corp.s third straight loss mar.........

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    29 2016-07

    Shell earnings tumble to 11-year low on oil, weaker refining

    THE HAGUE, Netherlands (Bloomberg) -- Royal Dutch Shell reported the lowest quarterly earnings in 11 years and missed estimates by more than $1 billion as a mix of lower energy prices, weake.........

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    28 2016-07

    Oil majors lost one engine; now the second one is sputtering

    HOUSTON (Bloomberg) -- If Big Oil was a two-engine airplane, you could say its been flying on a single engine since energy prices crashed in 2014. Now, the second motor is sputtering. The ma.........

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