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Oil prices dip on Tuesday over Saudi Arabias strong crude production reports
2015-05-12 01:00:00| Offshore Technology
Oil prices declined on Tuesday following reports of rise in crude production by oil exporter Saudi Arabia which pumped 10.308 million barrels of oil a day in the month of April.
Tags: reports
prices
production
strong
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.
Oil prices fall due to oversupply concerns
2015-05-08 01:00:00| Offshore Technology
Crude oil prices on Friday fell due to fears of surplus of supply globally, despite strong crude imports of China.
Oil Prices Are Rising Again, But Will They Keep Going Up?
2015-05-07 15:42:00| Climate Ark Climate Change & Global Warming Newsfeed
National Public Radio: Oil prices hit a new high for the year Wednesday - closing at just under $61 a barrel. They've been rallying for a month, but nobody's predicting $4-per-gallon gasoline anytime soon. And some analysts say weak demand will send oil prices down again. The recent rise follows an historic drop in prices, which were as low as about $45 a barrel less than two months ago. So to understand what's going on now, let's look at what sent prices tumbling in the first place "I think prices were pushed...
Gas prices flatten, but group says oil companies gouge drivers
2015-05-06 04:04:25| Energy - Topix.net
Gasoline prices in the Bay Area have flattened out after a recent price spike that prompted a consumer group to claim Tuesday that oil companies in California have taken advantage of the fuel markets to gouge consumers. Recent spikes in gasoline prices that occurred during the first three months of this year coincided with a geyser of profits for at least two oil companies in California, Valero and Tesoro, according to a study by Consumer Watchdog.
Tags: group
prices
companies
gas
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