Energy News | Consilience Energy Advisory Group

Oil prices drop as hedge funds head for the exit: Kemp

March 15, 2017
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By hellenicshippingnews. Hedge funds and other money managers had barely started liquidating their record bullish position in crude oil futures and options before prices tumbled on March 8. The critical question is how much more of the position will need to be liquidated before the market stabilises again […]

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Shell updates Brent oil trading terms to add Troll to benchmark

March 15, 2017
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By hellenicshippingnews. Royal Dutch Shell (RDSa.L) has updated the terms which govern Brent oil trade to allow for the addition of a fifth crude oil grade into the basket used to assess the global oil benchmark. Oil pricing agency S&P Global Platts (SPGI.N) plans […]

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OPEC’s oil production ticks down in February as Saudis cut output more deeply

March 15, 2017
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OPEC produced a combined 31.96 million barrels a day last month. Read full story ›

Source:: CNBC energy […]

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[Opinion] Brexit impact on the oil and gas industry in the UK

March 15, 2017
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Few could have predicted the sequence of events triggered by former Prime Minister David Cameron … Read full story ›

Source:: Oil Voice […]

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