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Plunging crude prices hammer energy companies

2014-11-28 14:19:35| Oil & Gas - Topix.net

A decision by OPEC not to cut oil production is hammering major energy companies in the U.S. and abroad. Chevron, ConocoPhillips and Exxon Mobil are down more than 4 percent.

Tags: prices companies energy hammer

 

Crude oil redux: Rare earth elements, and their strategic stranglehold of modern life

2014-11-28 14:01:05| Extremetech

Many have relaxed about the Chinese stranglehold over rare earth elements, but the crisis is far from averted.

Tags: life modern oil earth

 
 

Crude oil prices down as Opec meets

2014-11-27 10:32:04| BBC News | Business | UK Edition

Crude oil prices slip to a four-year low as Opec nations meet in Vienna to discuss production levels.

Tags: prices oil meets crude

 

Brent crude oil dips to $79.20 as traders' hopes of an output cut by OPEC wane

2014-11-25 01:00:00| Offshore Technology

The price of Brent crude oil dropped towards $79.20 a barrel today as traders' expectations of a major output reduction by OPEC dwindled.

Tags: cut oil output hopes

 

UPDATE 3-CSX warns Buffalo snow may cause delays on main crude oil route

2014-11-21 08:16:43| Railroads - Topix.net

CSX Corp warned customers on Thursday that a massive snowstorm in Buffalo, New York, may cause delays of up to 48 hours on deliveries along its main crude oil by rail route. The warning comes as East Coast refiners are still dealing with routine delays on the nation's crowded rail lines that have resulted in supply shortages and production losses at one facility at least.

Tags: main update oil route

 

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