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Oil prices have rallied recently but exploration firm Oil Search wouldn’t be loosening its belts.
The investment bank reckons that the recovery remains tenuous due to signs that disruptions in Nigeria, Iraq and Libya are easing.
Though some predict oil will rise to $60 this year, consultant Andy Lipow says the market is acting more like the movie "Groundhog Day."
After being pinned down by the weight of sanctions, Russia's stocks are on a tear. Analysts say they could keep going.
A previous rally in April sputtered and some market experts say it's unclear if a similar fate can be avoided.
Matrix Asset Advisors David Katz is bullish on oil stocks. Here are the names he likes.
Enterprise Product Partners approached Williams Companies earlier this summer about an acquisition.
Shares of natural gas and oil company continue to rise as company gains more leverage, said analyst.
Saudi Arabia is sending signals that it could boost its crude oil supplies in August to a new record level, overtaking Russia.
A Pimco managing director added his voice to the chorus of energy experts saying $50 per barrel is the magic number for crude oil on Wednesday.
OPEC crude oil production hit an eight-year peak in July, but may fall this month amid turmoil in major member countries, UBS said on Tuesday.
Industrial gas supplier Praxair is in early talks to merge with Germany's Linde, according to a person familiar with the matter.
Russia is consulting with Saudi Arabia and other producers to achieve oil market stability, Energy Minister Alexander Novak said.
How much is known about smaller oil nations that play a role in lubricating the world with crude?
Another nation is set to extract oil and expects to be adding to global production by June next year.
Saudi Arabia just made it much more likely that OPEC and other oil producers will take action if crude prices weaken.
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