Latest news
Daily (02.02.2017): Crude oil rallies on Iran ballistic test launch
Crude oil prices soared on Wednesday, increasing more than $1 a barrel after Iran confirmed that it recently conducted a ballistic missile test launch, a move that drew criticism from U.S. and Israeli officials this week and increased concerns about the potential violation of a United Nations Security Council resolution.
read more... 02/02/2017
.jpg)
ExxonMobil’s Q4 earnings tumble 40% due to the prolonged downturn in oil prices
U.S. oil giant ExxonMobil reported earnings well below analysts’ expectations on January 31.
read more... 01/02/2017
Scottish government launches four-month public consultation on fracking
The Scottish government has launched a consultation on whether unconventional oil and gas extraction should be allowed in the country.
read more... 01/02/2017
Daily (01.02.2017): British spot gas prices gain ground on Rough storage outage
Crude oil prices gained ground on Tuesday as the U.S. dollar depreciated and on the news that largest producers in the world reduced output this month more than forecasters had expected.
read more... 01/02/2017
Shell to divest its assets in North Sea for $3.8 bln
Oil major Royal Dutch Shell unveiled the sale of its North Sea oil and gas assets fields to private equity-backed Chrysaor for $3.8 billion in its first major exit from the basin in 45 years.
read more... 31/01/2017