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Oil falls below $70 as Saudi Arabia cuts crude price to US and Asia

2014-12-05 01:00:00| Offshore Technology

The price of Brent crude oil fell below $70 a barrel today following Saudi Arabia's decision to cut its monthly prices for crude sold to the US and Asia.

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How low can oil go? Exxon CEO says it's prepared for $40 crude

2014-12-04 15:42:23| Energy - Topix.net

Crude oil prices have been in freefall in recent months, with West Texas Intermediate prices falling below $70 this month. Brent, the international benchmark for crude, isn't far behind, trading around $70 Wednesday.

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How low can oil go? Exxon CEO says it's prepared for $40 crude

2014-12-04 07:06:52| Oil & Gas - Topix.net

Exxon Mobil Corp. can withstand $40 a barrel crude oil prices, Rex Tillerson, the company's CEO and chairman, said on CNBC. Crude oil prices have been in freefall in recent months, with West Texas Intermediate prices falling below $70 this month.

Tags: its low prepared oil

 

Brent crude oil price steadies around $70 a barrel

2014-12-04 01:00:00| Offshore Technology

The price of Brent crude oil steadied around $70 a barrel today after a near 40% decline since June.

Tags: price oil crude brent

 

Why EOG Resources Is Going Up, Not Down, With Crude Oil Prices

2014-12-03 17:33:13| Oil & Gas - Topix.net

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Tags: with resources prices oil

 

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