04 Oct Saudi cabinet says eager for oil market stability

Posted at 17:04h in Global Energy Industry News

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By hellenicshippingnews Saudi Arabia welcomed an agreement reached in Algiers last week on restraining oil output, and said it hoped for further cooperation between oil producers inside and outside OPEC to help the interests of producers and consumers. “The council of ministers stressed the kingdom's...

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04 Oct Oil & Gas UK makes four board appointments

Posted at 17:04h in Global Energy Industry News

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Oil Gas UK the leading trade association for the UK offshore oil and gas sector has announced today October 4 that it has appointed four new members to its board. Cory L. Loegering region vice Read full story › Source:: Oil Voice       ...

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04 Oct S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Oil Stocks Rose 2 Million Barrels

Posted at 17:03h in Global Energy Industry News

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Run cuts at many U.S. refineries and strong imports likely kept U.S. crude oil inventories wellsupplied last week according to a justreleased SP Global Platts preview of this weeks pending U.S. E Read full story › Source:: Oil Voice       ...

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

Posted at 17:01h in Global Energy Industry News

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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...

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