Energy News | Consilience Energy Advisory Group

Iraq lures investors to boost its oil output as OPEC debates cuts

October 27, 2016
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By hellenicshippingnews As OPEC gathers in Vienna next month to consider cutting its oil output, a lower profile event in Baghdad on the same day will signal Iraq’s longer term ambition to do precisely the opposite. Nov. 30 is both the date when OPEC ministers meet in […]

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U.K. Economy Can’t Shrug Off Brexit Forever

October 27, 2016
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The U.K’s decent third-quarter GDP growth is good news. But uncertainty about Brexit will weigh on markets. Read full story ›

Source:: WSJ market news […]

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Statoil reports $432m quarterly net loss

October 27, 2016
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Norwegian oil major outlines further cuts in capital spending amid low crude prices Read full story ›

Source:: FT.com Oil and Gas […]

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Oil Trades Near 3-Week Low as OPEC Deal Faces ‘Stumbling Blocks’

October 27, 2016
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By hellenicshippingnews Oil traded near a three-week low below $50 a barrel as traders remained skeptical that OPEC will manage to curtail production following its surprise deal in Algiers last month. Futures rose 0.3 percent in New York after falling 1.6 percent Wednesday. OPEC Secretary […]

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