These two geopolitical concerns could drive oil prices, says CNBC's Jim Cramer.» Read More
It's been a tough week for small caps stocks, but both that sector and financials should be watched closely.
MOSCOW/ LONDON, July 9- With President Vladimir Putin watching from afar, the head of Rosneft, Igor Sechin, launched the world's biggest oil drilling platform in the Okhotsk Sea to warm handshakes with his colleagues from ExxonMobil.
LONDON, July 7- Exploring for oil and gas is like gambling: it's all about playing probabilities, and using technology and skill to improve the odds.
LONDON, June 30- "Equality of opportunity as we have known it no longer exists," Franklin Delano Roosevelt warned gloomily in September 1932. In a campaign speech to the Commonwealth Club of San Francisco, the Democratic Party's nominee for president of the United States told his listeners that "opportunity in business has narrowed.
CHICAGO, June 23- Despite the incendiary conflict in Iraq that last week sent the benchmark price of Brent crude oil to more than $115 a barrel, a nine-month high, U.S. stock markets largely shrugged off the oil threat, hitting record closing highs last week.
Jim Cramer knows he’s talked about oil producers with major shale exposure ad nauseam. Following is something new.
The head of Iraq's South Oil Company also insists that current developments have not affected and will not affect oil operations in the south.
BASRA, Iraq, June 18- The head of Iraq's state-run South Oil Company Dhiya Jaffar said on Wednesday that Exxon Mobil has carried out a "major evacuation" of their staff and BP had evacuated 20 percent of its staff.
*Questions mount if Iraq can increase oil output at all. MOSCOW/ NEW DELHI, June 17- Some oil companies are pulling foreign staff from Iraq, fearing Sunni militants from the north could strike at major oilfields concentrated in the Shi'ite south despite moves by the Baghdad government to tighten security.
Some of Thursday's midday movers:
Halliburton has gone from laggard to leader among energy stocks, leading an oil-service sector rally. Is it time to take the money and run?
What's bad news for consumers—namely, high energy prices—can be great for large investors and oil and gas companies.
RIO DE JANEIRO, June 3- Creditors of Brazilian tycoon Eike Batista's Oleo e Gas Participacoes SA approved a restructuring plan for the oil company that could lead to a quick resolution of the largest bankruptcy in Latin America's history, lawyers said on Tuesday.
RIO DE JANEIRO, June 3- Creditors of tycoon Eike Batista's Oleo e Gas Participacoes SA approved a restructuring plan of the Brazilian oil company that could lead to a quick resolution of the largest bankruptcy in Latin America's history, lawyers said on Tuesday.
RIO DE JANEIRO, June 3- A majority of creditors of Brazil's Oleo e Gas Participacoes SA approved the terms of restructuring plan for the bankrupt oil and gas exploration and production company, its lawyers said Tuesday.
The "Fast Money" traders share their final trades of the day.
Some of the names on the move ahead of the open.
The North Carolina Senate voted to make disclosing chemicals used in fracking a misdemeanor as environmentalists call for more disclosure.
May 22- The North Carolina Senate on Thursday voted to make it a crime to disclose the chemicals used in hydraulic fracturing, or fracking, even as big U.S. oil companies elsewhere consider releasing more information about the fluids to address public concerns about the environment.
MARACAIBO, Venezuela, May 21- Venezuelan state oil company PDVSA on Wednesday said it had been granted a total of $2 billion in credit lines by oilfield services companies Halliburton Co, Schlumberger NV and Weatherford International Ltd..