Oil Prices | Egypt Oil & Gas - Part 33
Blackstone CEO: Oil Price Slump Creates Opportunities Elsewhere
Blackstone Group LP’s Chairman Stephen Schwarzman is seeing “remarkable” opportunities in debt and equity that are emerging out of the slump in crude oil.
Bombing Yemen Could Threaten Red Sea Oil Transit Choke Point, Experts Say
While Yemen contributes less than 0.2% of global oil output, its location puts it near the center of world energy trade.
Prices, Laws and Inconclusive Results Drive Oil Firms Away from Kurdistan
In light of the current low oil price environment, lack of conclusive well results to date and the limited time remaining in the current period of the Production Sharing Contract (PSC) for the Dinarta licence, Hess a ...
Price Prophecies from American ‘Peak Oil’ Tycoon
Oil prices could hit $100 a barrel by the end of next year, U.S. oil magnate T. Boone Pickens said on Tuesday, revising his previous forecast which said they would reach that level as early as this year.
Balancing Physical Risks and Financial Gains Posed by Excess US Oil Storage
Just as Wall Street says the U.S. is running out of room to store oil, it turns out there’s another 20 million barrels of empty space.
Storage Industry Optimizing in Preparation for Oil Price Rebound
Oil traders are seeking out storage in order to sell at a profit in the future when the price rebounds, according to experts.
Saudi OPEC Governor Precludes Return to High Price Era
Saudi Arabia's OPEC governor Mohammed al-Madi said on Sunday that he believed it would be difficult for oil to reach a price range of $100-120 per barrel again.
Oil Prices Driving US Shale Bankruptcies and Junk Bond Growth
The rise in junk bonds and bankruptcies are the latest sign of stress in the petroleum sector
