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Tag: oil prices
Tax relief, high oil prices boost drilling activity on UK Continental Shelf
2013-01-18 01:00:00| Offshore Technology
Drilling activity on the UK Continental Shelf (UKCS) improved by one-third in 2012, driven by a broader range of tax allowances announced by the British Government and sustained high oil prices, according to a new study.
Tags: high
prices
activity
tax
Today's oil prices surge over US demand optimism and restricted inventory growth
2013-01-16 01:00:00| Offshore Technology
Oil prices gained today in response to increasing optimism for stronger consumer demand, driven by strong retail sales in the US last month, and due to a restricted rise in oil inventories.
Tags: prices
growth
oil
demand
Oil Prices Expected To Bump Upward In Second Half Of 2013
2013-01-15 18:45:00| OGI
Morgan Stanley analyst cautions investors not to become overly bearish.
Tags: half
prices
expected
oil
Today's oil prices plummet on political deadlock over US debt ceiling
2013-01-15 01:00:00| Offshore Technology
Oil prices plunged today, after the US failed to reach an agreement on the debt ceiling and due to a predicted rise in the country's oil inventory, which put pressure on prices.
Tags: prices
political
oil
debt
Todays oil prices jump on Middle East supply concerns, economic optimism
2013-01-14 01:00:00| Offshore Technology
Oil prices gained today, due to a recurrence of supply concerns from the Middle East region and due to rising confidence that the world's biggest economies are gradually moving towards a stable recovery.
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