Oil price declines do not hit BG earnings
Oil price declines do not hit BG earnings as hard as those of other listed oil and gas peers. For full story, click here
Articles Tagged "price"
Crude to average $70 next year
Goldman Sachs Group Inc. expects crude to average $70 next year. Fror full story, click here
Crude oil has slumped more than 70 percent
Crude oil has slumped more than 70 percent in New York from a record in July as the global recession erodes demand. For full story, click here
Dana Petroleum gains after operational update
Shares in Dana Petroleum gain 5.1 percent after the oil and gas producer says its average production for 2008 rose 29 percent to 39,400 barrels of oil equivalent per day (boepd), and its 2009 output is likely to be between 37,000 boepd and 41,000 boepd. For full story, click here
Crude settled higher at $41.17 a barrel
The oil and gas group rose 1.9 percent as the price of crude settled higher at $41.17 a barrel. For full story, click here
Crude oil for March delivery gained
Crude oil for March delivery gained as much as $1.01 (nearly Rs49), or 2.5%, to $41.79 a barrel in electronic trading on the New York Mercantile Exchange. For full story, click here
Oil prices rise on signs Opec is cutting supply
Crude oil rose for a second day on signs that Organization of the Petroleum Exporting Countries (Opec) is implementing the record production cut announced in December. For full story, click here
Oil falls below $42, Saudi says price to stabilise
Oil fell below $42 a barrel, in a retreat from session highs achieved earlier partly in response to a weak US dollar and comments from Saudi Arabia that OPEC supply cuts will stabilise the market. For full story, click here
Oil majors’ outlook stable despite price drop
Credit ratings agency Moody’s Investors Service said that the financial outlook for oil majors’ is stable despite a sharp fall in oil prices. For full story, click here
Oil prices higher amid hopes for economic rebound
Oil prices rose on Wednesday as hopes for an economic rebound offset the impact of surging US crude oil inventories and a gloomy global outlook from the International Monetary Fund. Thierry Lefrancois of French investment bank Natixis, said: If US inventory stats continue to disappoint, we should expect to see a re-cheapening of WTI (West [...]
