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Tag: oil trades
Oil trades above $33 on hopes of production cuts by major shale producers
2016-01-28 01:00:00| Offshore Technology
Oil prices steadied above $33 per barrel on Thursday, with the possibility of major shale producers joining hands to reduce production.
Tags: major
production
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cuts
Oil Trades Near $60 as Retreat in U.S. Drilling-Rig Count Slows
2015-05-25 12:22:50| Energy - Topix.net
Futures were little changed in New York after falling 1.7 percent on Friday. The number of rigs targeting oil dropped by one to 659, data from Baker Hughes Inc. showed.
Oil Trades Near $60 a Barrel as U.S. Drillers Add Onshore Rigs
2015-05-25 05:03:19| Oil & Gas - Topix.net
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Oil traded near $60 a barrel as explorers in the U.S. increased drilling activity for the first time since November.
Oil Trades Near 4-Month High Amid Mideast Supply-Disruption Risk
2015-04-27 10:16:46| Oil & Gas - Topix.net
Futures were little changed in London after capping a third weekly gain. Saudi Arabia deployed National Guard troops to its southern borders, state-run Saudi Press Agency reported, a month after airstrikes were launched on Houthi rebels in Yemen.
Oil trades under $64 on news of record production from Saudi Arabia
2015-04-20 01:00:00| Offshore Technology
The price of Brent crude oil fell slightly from early highs to under $63 a barrel today after news that production in Saudi Arabia would stay at about 10 million barrels per day (bpd) in April.
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record
production
oil