Oil increased for a second day on Thursday and reached $66 a barrel, encouraged by expectations that a global supply glut will reduce and by fighting in Iraq.
read more... 22/05/2015
Oil prices increased on Thursday, sustained by a drawdown in U.S. crude inventories even though weak China data and worries about excess oil supply limited price gains.
read more... 21/05/2015
Thirty-two energy firms managed by Russia's Gazprom represent almost a third of all man-made greenhouse gas emissions if the burning of all the coal, oil and gas they produce is taken into consideration, according to a study on Wednesday.
read more... 21/05/2015
French oil leading company Total has launched gas and condensate production at its Termokarstovoye field in northern Siberia, the first of a sequence of projects with Russia's Novatek to come to completion, according to the company on Wednesday.
read more... 21/05/2015
Crude oil declined more than 3 percent on Tuesday, with WTI crude prolonging losses for a fifth consecutive day as the dollar firmed and on news that the Unites States and top oil exporter Saudi Arabia were pumping a bigger quantity that needed. Brent crude declined by $2.25 to settle at $64.02 a barrel, while U.S. crude's front-month contract fell $2.17 to end at $57.26.
read more... 20/05/2015