Tag archive for ‘shale oil’
Eli Horn On Tuesday, December 23rd, 2014

Oil prices Expected to Bounce Back in 2015, UAE Urges Oil Producers Not to Boost Output

Crude oil prices are likely to bottom out in the first half of 2015, until a possible slowdown in U.S. shale production counters a supply glut exacerbated by OPEC’s decision not to cut output, a Reuters More...

Reuters On Wednesday, December 10th, 2014

OPEC cuts 2015 demand forecast for its oil to lowest in a decade

– Global demand for OPEC crude in 2015 is expected to fall to the lowest level in more than a decade and far below current output, the group said on Wednesday, pointing to a hefty supply surplus without More...

Reuters On Friday, November 28th, 2014

Saudis block OPEC output cut, sending oil price plunging

– Saudi Arabia blocked calls on Thursday from poorer members of the OPEC oil exporter group for production cuts to arrest a slide in global prices, sending benchmark crude plunging to a fresh four-year More...

Albert Hecht On Thursday, March 7th, 2013

John Hess to lead his oil company entirely into shale

– John B. Hess, chairman and chief executive officer of Hess Co. / Getty – /By Albert Hecht/ New York-based Hess, CEO of the oil exploration company which his father founded during the depression, More...

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