Extraction Oil & Gas shares jump 18.1% after pricing IPO at $19 and above initial range Read full story › Source:: FT.com Oil and Gas       

Saudi Aramco feels "comfortable" that by 2018 oil prices will have recovered and the market conditions will be right for its IPO. Read full story › Source:: CNBC energy       

By hellenicshippingnews Oil fell back from one-year highs on Tuesday, knocked by concern that a production cut by the world's largest exporters might not be enough to erode a two-year old global surplus of unwanted crude oil. Oil prices jumped as much as 3 percent on Monday, after Russia and Saudi Arabia both said a […]

By hellenicshippingnews An agreement between oil producers to curtail their output could bring the market back into balance sooner than expected, but significant questions remain over how such a deal would be implemented and its longer-term impact, The International Energy Agency's executive director said. The IEA has predicted that left to its own devices, the […]