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Tag: oil
Oil Posts Biggest Gain In A Month After Reports Of Iranian Tanker Attack
2019-10-11 11:27:57| OGI
Oil prices jumped more than 2% on Oct. 11 after Iranian media said a state-owned oil tanker had been struck by missiles in the Red Sea near Saudi Arabia, raising the prospect of supply disruptions weeks after attacks on Saudi oil plants.
Tags: month
posts
reports
gain
Brazil Raises $2.2 Billion In Oil Auction; Total, Petronas Invest Big
2019-10-10 17:50:21| OGI
The most heavily sought-after areas in the auction directly border Brazils so-called presalt area, a zone in which billions of barrels of oil are trapped under a thick layer of salt beneath the ocean floor.
OPEC Chief: Deeper Oil Cut An Option
2019-10-10 17:36:43| OGI
Cartels next meeting will consider its forecast for a weaker-than-expected global economy in 2020.
BP, Shell Among Bidders In $800 Million Brazilian Oil Auction
2019-10-10 15:25:21| OGI
Combined, the minimum signing bonuses for the blocks in the so-called 16th post-salt oil bidding round in the Latin American oil powerhouse come to roughly $800 million.
Tags: million
oil
auction
shell
Opinion: Big Oil Should Rebel Against Its Customers
2019-10-10 02:49:16| OGI
Given that the world will rely on fossil fuels for decades, even with the most stringent government policies to reduce energy use, oil companies face their own climate emergency. How can they retain social legitimacy?
Tags: big
opinion
customers
oil
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