Global Energy Industry News

Balchunas on ETFs and Rising Interest Rates (Audio)

October 25, 2016
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By Bloomberg News (Bloomberg) — Bloomberg Intelligence analyst Eric Balchunas says many exchange-traded funds could see outflows as interest rates increase. He discusses two areas that showed surprising strength the last two times that rates rose. This is a daily ETF podcast from Bloomberg’s Catherine Cowdery. Read […]

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U.S. oil and gas producers stir from hibernation: Kemp

October 25, 2016
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By hellenicshippingnews U.S. oil and gas drillers are reporting the biggest and most sustained upturn since oil prices began slumping in the middle of 2014. The number of rigs drilling across the country has risen by 149, or 40 percent, since hitting a cyclical low at the […]

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Pantheon Resources completes drilling and planned flow testing at VOBM#3

October 25, 2016
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Pantheon Resources plc the AIMquoted oil and gas exploration company with a working interest of 5058 in several conventional projects in Tyler and Polk Counties onshore East Texas is pleased

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Source:: Oil Voice […]

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Oil Trades Near $50 as Europe Economic Data Counters Iraq Demand

October 24, 2016
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By hellenicshippingnews Oil traded near $50 as better-than-expected economic data in Europe countered Iraq’s demand that OPEC should exempt it from planned output cuts. Prices rose as much as 0.3 percent in New York. A Purchasing Managers’ Index for manufacturing and services in the […]

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