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Oil prices fall due to high-output from OPEC and rise in US drilling

2016-08-01 01:00:00| Offshore Technology

Oil prices have dropped as a result of factors such as rising production from the Organization of the Petroleum Exporting Countries (OPEC), an increase in US drilling, and weak Asian economic data.

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Oil prices plunge as producers increase output

2016-07-28 01:00:00| Offshore Technology

Oil prices have fallen due to companies increasing output and filled inventories.

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Oil prices edge down after APIs data reveals fall in crude stocks

2016-07-27 01:00:00| Offshore Technology

Oil prices have fallen after data released by the American Petroleum Institute (API) highlighted a drop in weekly stocks was less than expected, raising worries over persistent oversupply.

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Are low oil prices good news for offshore wind?

2016-07-26 01:00:00| Power Technology

As costs fall and renewables become a higher global priority, big players in oil and gas are turning their attention to offshore wind. But will there be a market for them in the years to come?

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Oil prices fall as supply glut may continue

2016-07-26 01:00:00| Offshore Technology

Oil prices have dropped towards $44 a barrel due to fears that a prolonged rebalancing of the market may be delayed due to oversupply.

Tags: continue prices fall supply

 

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