Global Energy Industry News

By hellenicshippingnews Oil closing in on $50 per barrel has little to do with supply. Sure, stocks have dwindled somewhat in the U.S. and China is slowing down but what about the fact that three of the world’s biggest oil producers are in a pumping war […]

Oil price The oil price was up strongly last week WTI rose 2.19 and Brent 3.02 before expiry today they have both settled down as news is for choice not brilliant. Having said that the fundament

Read full story ›

Source:: Oil Voice […]

By hellenicshippingnews The head of Iran’s petroleum contracts committee Seyed Mehdi Hosseini has invited international oil companies to submit their bids in a tender for development of Iranian oil and gas fields. Hossein said the tender will be held either in June or July 2016. Ministry of […]

By hellenicshippingnews Oil prices are likely to witness limited upside even as traders look at the first quarter earnings of energy companies for hints. On Friday, Brent crude ended more than 1 per cent higher at $45.11 (Dh165) per barrel, extending gains for a third consecutive week […]