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Tag: oil drops
Exxon Mobil (XOM) Stock Drops as Oil Prices Fall in Trading
2015-05-11 21:05:32| Chemicals - Topix.net
Over the weekend the company's "outperform" rating was reiterated by analysts at RBC Capital who also raised the company's price target slightly to $100 from $98. Crude prices have rallied over 40% from its lows in recent weeks as the rise in global supplies have tapered over the past few months.
US oil and natural gas rig count drops by 27 to 905
2015-05-01 21:32:34| Oil & Gas - Topix.net
Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by 27 this week to 905 amid depressed oil prices. Houston-based Baker Hughes said Friday that 679 rigs were seeking oil and 222 explored for natural gas.
Oil drops as a result of weak Japanese factory data
2015-04-30 01:00:00| Offshore Technology
The price of Brent crude oil dropped today as a result of weakened factory production from Japan for the second straight month.
Tags: data
result
japanese
oil
Oil drops on oversupply concerns after reshuffle in Saudi Arabia
2015-04-29 01:00:00| Offshore Technology
The price of Brent crude oil dropped on Wednesday as oversupply offset political uncertainty in Saudi Arabia.
Tags: oil
concerns
arabia
saudi
Oil drops on expected US crude inventory build
2015-04-28 01:00:00| Offshore Technology
The price of Brent crude oil fell on Tuesday in advance of weekly US crude inventory data, that is estimated to reach another high.
Tags: build
expected
oil
inventory
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