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Oil prices dip as investors sell positions

2015-10-06 01:00:00| Offshore Technology

Oil prices have fallen following a 2% rally on previous trading session, as commodity investors tried to sell out future adopting profit-taking positions.

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Oil prices rise following Russias willingness to discuss with OPEC

2015-10-05 01:00:00| Offshore Technology

Oil prices increased on Monday following an announcement made by Russia, one of the world's top three oil producers, that it is ready to discuss the condition of the market with other producers.

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Low Oil Prices: Winners And Losers

2015-10-04 13:27:08| Chemicals - Topix.net

In August, I wrote an article titled, Who Wins And Who Loses With Oil Below $50 , in which I analyzed a couple of sectors, whether they would benefit or be damaged by the low oil prices we have right now. Crude oil has lost more than 50 percent over the last year, which has a substantial effect not only on oil producers , Chevron , BP and Shell ), but a lot of other companies as well.

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Crude oil prices edge-up due to rise in H1 demand

2015-10-01 01:00:00| Offshore Technology

Crude oil prices have increased following a rise in demand in the first half of this year.

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Hercules Offshore laying off employees as oil prices remain low

2015-09-30 15:21:43| Energy - Topix.net

Hercules Offshore says it will lay off Gulf of Mexico offshore employees including some in Port Fourchon later this year amid low oil prices that haven't shown any signs of increasing. The Courier reports the Houston-based company, with an office in Houma, filed a Worker Adjustment Retraining Notification in Louisiana on Sept.

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