united states | Egypt Oil & Gas - Part 5
Ahead of OPEC Meeting, Crude/Dollar Trade Returns to the Market
A once-popular pair trade pitting the U.S. dollar against oil prices has re-emerged in recent weeks, injecting a new wildcard into the market just as the Organization of the Petroleum Exporting Countries prepares to ...
Oil Trades at near $60 as Number of Active US Rigs Decrease
Oil traded near $60 a barrel as companies in the U.S. reduced the number of active rigs by the slowest pace since a prolonged retreat in drilling that began in December.
US Pushes Pakistan on Shale Gas Extraction
Politics over energy supplies and trade is increasingly influencing relations between nations around the world and Pakistan is no exception.
Company Responsible for Santa Barbara Oil Spill Under Investigation
Maridive & Oil Services posted a net profit of $26.5 million during the second quarter of 2009, a 67.4 percent year-on-year growth from $15.8 million.
Ruptured Pipeline Near Santa Barbara Leaks 21,000 Gallons of Crude Oil
A ruptured pipeline near Santa Barbara leaked an estimated 21,000 gallons of crude oil Tuesday, some of which flowed into the ocean and left a thick coat of black tar along the county’s pristine shores, authorities said.
Oil Prices Fall 3 Percent on Dollar Rally, Over Abundance Fears
Oil prices fell more than 3 percent on Tuesday, with U.S. crude extending losses for a fifth straight day as the dollar rallied and on evidence that the United States and top oil exporter Saudi Arabia were pumping mo ...
As OPEC Meeting Draws Near, Oil Prices Rangebound
Crude-oil futures moved in a narrow price range in early Asian trade Monday, with gains capped by worries about a recovery in U.S. shale-oil production and as OPEC's meeting draws closer.
EU Hopes to Reduce Energy Dependence on Russia with US Help
The European Union is increasing pressure on Washington to include an energy chapter in a planned trans-Atlantic trade deal that would allow U.S. exports of natural gas and oil and reduce the bloc’s dependency on Russia.
