oil
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Axing fossil fuel subsidies scant help on climate
Feb 8, 2018Getting rid of massive subsidies for oil, gas and coal will not significantly curb carbon pollution or speed the transition to a greener global economy, researchers said Wednesday, challenging widely held assumptions. “Unfortunately, it is not... -
Exclusive Analysis: Outlook for gas and oil in 2018
Dec 27, 2017Oil traders expect a price of $80 dollars per barrel for “future oil contracts” during 2018 according to media sources. But clouds of uncertainty are still enveloping the oil markets amid a slow recovery in oil prices.... -
Oil inches higher after data points to declining U.S. inventories
Aug 10, 2017News Hour: Oil prices were about 1 percent higher on Wednesday after a report showed U.S. refineries processed record amounts of crude in the latest week, eating into inventories, although a surprise jump in gasoline stockpiles... -
Oil resumes its longest stretch of daily rallies in more than five years
Jul 3, 2017News Hour: Oil pared earlier losses on Monday, resuming its longest stretch of daily rallies in more than five years after data pointed to moderating U.S. output, though analysts said news of rising OPEC production could... -
Thirty percent of investments planned by oil and gas majors over the next decade could be wasted
Jun 23, 2017News Hour: Thirty percent of investments planned by oil and gas majors over the next decade could be wasted if the world economy retools to cap global warming at two degrees Celsius, researchers warned on Wednesday.... -
Oil producers within and outside OPEC to extend a deal cutting output
May 25, 2017News Hour: Oil producers within and outside OPEC are expected on Thursday to extend a deal cutting output aimed at lifting the price of crude, but US rivals could spoil the party. Last November members of... -
Oil producers inside and outside the OPEC cartel to extend their deal from late 2016 curbing output
May 23, 2017News Hour: Oil producers inside and outside the OPEC cartel have little choice but to extend their deal from late 2016 curbing output when they meet in Vienna on Thursday, analysts say. Less predictable however is... -
Oil turns out to be better than water in search of a cause for woman’s infertility
May 20, 2017News Hour: When it comes to using X-rays to check a woman’s reproductive system in search of a cause for her infertility, oil turns out to be better than water. A new study concludes that when... -
The Dow slid following disappointing IBM earnings and a pullback in petroleum-linked shares
Apr 20, 2017News Hour: The Dow slid following disappointing IBM earnings and a pullback in petroleum-linked shares due to a steep drop in oil prices. IBM slumped 4.9 percent as it reported a 13 percent drop in first-quarter... -
Oil prices fall to three-month low as U.S. rig count climbs
Mar 13, 2017News Hour: Oil prices dropped to their lowest in three months on Monday despite OPEC efforts to curb crude output, dragged down as U.S. drillers kept adding rigs. Brent crude LCOc1 had fallen 39 cents, or...
