Energy News | Consilience Energy Advisory Group

By hellenicshippingnews. The OPEC/non-OPEC Joint Technical Committe (OPEC +) estimated the deal on cutting oil output as complete by 94% in July vs. 98% a month earlier. According by Bloomberg, the meeting of the OPEC + technical committee took place in Vienna yesterday. At the July meeting of […]

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Source:: FT.com Oil and Gas […]

By hellenicshippingnews.. Oil prices fell on Wednesday, weighed down by concerns of oversupply as Libyan output improves and as U.S. gasoline inventories rose despite the peak summer driving season. Brent crude futures, the international benchmark for oil prices, were at $51.64 per barrel at 0721 GMT […]

By hellenicshippingnews.. Oil workers conduct a drill in a petroleum well in Lagunillas at the east coast of Lake Maracaibo near Maracaibo City in Venezuela. Oil prices will remain stuck in a range near $50 a barrel unless one of two global hotspots delivers an October surprise to […]