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Tag: oil companies

Oil Outlook 2017: Will OPEC Comply?

Oil Outlook 2017: Will OPEC Comply?

Oil prices crashed at the beginning of 2016, reaching a low of almost $27 per barrel. By the end of the year, the expectations of a turnaround had all eyes on the Organization of the Petroleum Exporting Countries and their discussions to cutback output for the first time in eight

Oil Boom, Gold Bust?

Oil Boom, Gold Bust?

Oil surged past $50 to its highest price in four months while gold dropped to its lowest level. Conspiracy theories were rife.

Cedar Strat Announces Petroleum Geologists meeting

LAS VEGAS, Sept. 27, 2016 (GLOBE NEWSWIRE) — Cedar Strat announces interested persons may want to attend the first American Association of Petroleum Geologists (AAPG) meeting in Las Vegas, October 3-4. About 500 geologists will converge to discuss American petroleum geology and especially Great Basin petroleum geology  Normally, teams

Infographic: Becoming Big Oil

Rigsource published an infographic on the history of big oil companies, exploring how economies of scale and over a century of mergers and acquisitions produced the top oil companies in the world today.

Oil Prices Turn Positive Ahead of US Inventory Data

The Wall Street Journal reported that oil prices got a lift on Tuesday ahead of the weekly US inventory data, after falling to multi-month intraday lows. The US oil benchmark was up $0.75, or 1.6 percent, to $48.14 a barrel 0n the New York Mercantile Exchange, while Brent crude for

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