Global Energy Industry News

Investors cut bullish bets on Brent crude oil -ICE

October 5, 2015
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LONDON Oct 5 (Reuters) – Investors cut their bets last week that the price of Brent crude oil will rise, according to data on Monday from the InterContinental Exchange (ICE).

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Source:: Reuters UK Natural Resources […]

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COLUMN-Uncertainty about China hangs over oil rebalancing: Kemp

October 2, 2015
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(John Kemp is a Reuters market analyst. The views expressed are his own) By John Kemp LONDON, Oct 2 (Reuters) – Substantially lower oil prices are on the way to rebalancing the oil market, as demand accelerates and both shale and other non-OPEC oil production turns down. But […]

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Oil Drillers Spared More Misery by U.S. Judge’s Fracking Ruling

October 2, 2015
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By hellenicshippingnews A U.S. judge in Wyoming has blocked new rules that tighten controls over fracking on federal lands, granting a measure of relief to producers who would have faced higher costs at a time when profits already are strangled by low crude prices. The order by […]

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Natural gas prices in Asia mainly linked to crude oil, but use of spot indexes increases

September 29, 2015
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Source U.S. Energy Information Administration Petroleum Association of Japan Japan Ministry of Finance International Trade Statistics Japan Ministry of Economy Trade and Industry Bloomberg LP N

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Source:: Oil Voice […]

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