NEW DELHI: Offshore companies including Dolphin Offshore, Aban Offshore, Selan Exploration and Hindustan Oil Exploration (HOEC) advanced up to 10 per cent in early trade after crude oil prices jumped more than 3 percent in the …
A reduction would show the market is finally reversing course after years of stock builds that left a worldwide overhang of half a billion barrels of crude oil and refined products. Supplies have remained stubbornly high for months, disappointing …
SEOUL, South Korea (AP) — Asian stock markets were mostly firm on Thursday and oil prices were steady, despite a second straight day of losses on Wall Street overnight. But analysts said it was too early to say risk sentiment was …
Oil and gas stocks could head much higher in 2016, with multiple tailwinds, underpinning a strong rally that’s likely to lift crude oil into the mid-60s. Besides the recent OPEC supply agreement, reduced regulation under the Trump …
"The main health barometer of the global oil market is the OECD stock level, the biggest part of which is U.S. commercial stocks," according to Tamas Varga, an analyst at brokerage PVM Oil Associates Ltd. Mr. Varga noted that the EIA …
Kyle Anderson: The Eagle Ford shale formation in Southern Texas is the largest oil formation in the United States – and …
Article originally submitted to subscribers on 4th July 2007... Oil Stocks are likely to outperform Gold Stocks over the next 6-months which should provide further support to the stock market. A question I get asked a lot is where should I be …
Since topping more than $100 a barrel two years ago, the price of oil has been down — and just about out, costing both big and small investors billions across the globe. But there are flickering signs that maybe the worst is over for King …
We believe the oil sell-off is overdone and expect the commodity to find a floor in the low $80s. We expect firming global growth to increase the market’s confidence in global oil demand despite weakness in Europe. Energy service stocks