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Stronger US dollar forces oil to fall towards $59 a barrel
2015-03-09 01:00:00| Offshore Technology
The price of Brent crude oil dropped towards $59 a barrel on Monday as a result of a stronger US dollar and a record high in oil inventories.
Brent crude holds above $60 a barrel
2015-03-05 01:00:00| Offshore Technology
The price of Brent crude oil held above $60 a barrel on failure to reach a deal in negotiations over Iran's nuclear programme.
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Oil at $95 a Barrel Discovered in SEC Rules on Reserves: Energy
2015-03-05 00:06:23| Oil & Gas - Topix.net
The U.S. Securities and Exchange Commission requires drillers to calculate the value of their oil reserves every year using average prices from the first trading days in each of the previous 12 months. Because oil didn't start its freefall to about $45 till after the OPEC meeting in late November, companies in their latest regulatory filings used $95 a barrel to figure out how much oil they could profitably produce and what it's worth.
Oil at $95 a Barrel Discovered in SEC Rules on Reserves: Energy
2015-03-04 23:12:44| Energy - Topix.net
The U.S. Securities and Exchange Commission requires drillers to calculate the value of their oil reserves every year using average prices from the first trading days in each of the previous 12 months. Because oil didn't start its freefall to about $45 till after the OPEC meeting in late November, companies in their latest regulatory filings used $95 a barrel to figure out how much oil they could profitably produce and what it's worth.
Oil at $95 a Barrel Discovered in SEC Rules on Reserves: Energy
2015-03-04 18:38:40| Electronics - Topix.net
The U.S. Securities and Exchange Commission requires drillers to calculate the value of their oil reserves every year using average prices from the first trading days in each of the previous 12 months. Because oil didn't start its freefall to about $45 till after the OPEC meeting in late November, companies in their latest regulatory filings used $95 a barrel to figure out how much oil they could profitably produce and what it's worth.
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