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Crude oil prices slide near four-week lows due to a stronger dollar and continued concerns about U.S.-China trade talks; WTI -2.1% to $51.59/bbl, Brent -1.3% at $61.31/bbl."The U.S. dollar is...
U.S. shale production likely will slow this year as drillers cut their budgets in response to lower oil prices, says Schlumberger (NYSE:SLB) CEO Paal Kibsgaard, who is seeing the company's customers...
Crude oil prices roar back after earlier paring gains as government data showed U.S. crude stocks fell less than expected last week, with the WTI benchmark topping $50/bbl for the first time since...
Crude oil extends its recent rally from 18-month lows, bumping to highs of the day after OPEC officials say Saudi Arabia plans to cut crude exports to 7.1M bbl/day by the end of January, as it seeks a...
Analysts say a record amount of liquefied natural gas production likely will get a green light this year amid strong global demand, especially from China.A final investment decision could be taken on...
Crude oil prices, caught up in the wider weakness of the financial markets, are staging a recovery today amid perceptions that the recent slide may have been overdone: WTI +6.1% to $45.11/bbl, Brent...
U.S. crude oil futures plunged below $43/bbl for the first time since June 2017, with February WTI settling -6.7% to $42.53/bbl and declining in tandem fall in line with another precipitous drop...
With oil sitting near its lowest level since August 2017, at least one large investor is dumping BlackRock's iShares Global Energy ETF (IXC -1.9%).Two large blocks of the $1.4B ETF sold on...
via David Wilson at BloombergEnergy shares actually outperformed during today's market swoon (no doubt helped by a 3.7% rise in oil), but that's been a rarity this year.Compared to the S&P 500,...
After two weeks of bruising negotiations, officials from almost 200 countries agreed Saturday on a rulebook to curb global warming, seeking to bolster the 2015 Paris climate accord.Issues discussed...
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