Global Energy Industry News

Shale Oil Firms Hedge 2017 Prices in ‘Droves’ After OPEC Rally

October 4, 2016
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By hellenicshippingnews Independent oil companies are using the post-OPEC rally to hedge their price risk for next year, banks and consultants said, a trend that’s likely to be viewed with concern from Saudi Arabia to Venezuela. The clamor to hedge — locking in future cash flows and […]

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The Pipeline Unvitation

September 30, 2016
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I have to say that this recent socalled approval of the Pacific Northwest LNG pipeline has a kind of please come to our destination wedding feel to it. You know what that is right Seinfelds unv

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Source:: Oil Voice […]

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Oil Trades Near One-Month High After OPEC Agrees Production Cuts

September 30, 2016
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By hellenicshippingnews Oil traded near a one-month high after OPEC’s surprise decision to trim output for the first time in eight years. Futures were little changed in New York after surging 7 percent in the last two days. The Organization of Petroleum Exporting Countries agreed to […]

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Oil price, IGas, Independent Oil & Gas, Sundry-Genel-Tullow- And finally…

September 30, 2016
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Oil price With Brent expiring at the close of business tonight there was little incentive to push it through 50 bucks yesterday and sure enough it peaked at 49.81 and drifted off to the close. Given

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Source:: Oil Voice […]

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