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by  Bloomberg Kelly Gilblom Tuesday, October 09, 2018 With oil above $80 a barrel as costs languish at an 8-year low, the industry is seeing green. (Bloomberg) -- Investors still haven’t forgiven oil companies for being ill-prepared for a crude-price collapse four years ago. Perhaps more than half a trillion dollars will change their …
Continue reading "Big Oil to Bury Skeptical Investors in Cash Piles"
The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export sales of $416.07 million in June, 2018 which is 35.78 per cent higher than the previous month. Details of the figures contained in the June 2018 edition of the Monthly NNPC Financial and Operations Reports, released today also indicated that …
The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export sales of $416.07 million in June, 2018 which is 35.78 per cent higher than the previous month. Details of the figures contained in the June 2018 edition of the Monthly NNPC Financial and Operations Reports, released today also indicated that …
by  Bloomberg Dina Khrennikova, Jack Farchy and Elena Mazneva https://platform.twitter.com/widgets/tweet_button.80bd64d844f96cc4f6611a0bf277d8c0.en.html#dnt=false&id=twitter-widget-0&lang=en&original_referer=https%3A%2F%2Fwww.rigzone.com%2Fnews%2Fwire%2Ftrump_request_for_max_opec_output_may_backfire-04-oct-2018-157118-article%2F&size=m&text=Trump%20Request%20for%20Max%20OPEC%20Output%20May%20Backfire%20%C2%A0%7C%C2%A0Rigzone&time=1538675749597&type=share&url=https%3A%2F%2Fwww.rigzone.com%2Fnews%2Fwire%2Ftrump_request_for_max_opec_output_may_backfire-04-oct-2018-157118-article%2F%3Futm_source%3DGLOBAL_ENG%26utm_medium%3DSM_TW%26utm_campaign%3DSHARE_DESKTOP&via=rigzone https://web.facebook.com/v2.3/plugins/share_button.php?app_id=&channel=https%3A%2F%2Fstaticxx.facebook.com%2Fconnect%2Fxd_arbiter%2Fr%2F30jx6e8KIxc.js%3Fversion%3D42%23cb%3Df32898d5c73ce88%26domain%3Dwww.rigzone.com%26origin%3Dhttps%253A%252F%252Fwww.rigzone.com%252Ff26ebb62c360884%26relation%3Dparent.parent&container_width=0&href=https%3A%2F%2Fwww.rigzone.com%2Fnews%2Fwire%2Ftrump_request_for_max_opec_output_may_backfire-04-oct-2018-157118-article%2F%3Futm_source%3DGLOBAL_ENG%26utm_medium%3DSM_FB%26utm_campaign%3DSHARE_DESKTOP&layout=button_count&locale=en_US&sdk=joey inShare https://apis.google.com/u/0/se/0/_/+1/sharebutton?plusShare=true&usegapi=1&action=share&annotation=bubble&origin=https%3A%2F%2Fwww.rigzone.com&url=https%3A%2F%2Fwww.rigzone.com%2Fnews%2Fwire%2Ftrump_request_for_max_opec_output_may_backfire-04-oct-2018-157118-article%2F%3Futm_source%3DGLOBAL_ENG%26utm_medium%3DSM_GP%26utm_campaign%3DSHARE_DESKTOP&gsrc=3p&jsh=m%3B%2F_%2Fscs%2Fapps-static%2F_%2Fjs%2Fk%3Doz.gapi.en.5p8MBI8P47Q.O%2Fam%3DwQ%2Frt%3Dj%2Fd%3D1%2Frs%3DAGLTcCM25mVkrj5p2mvFhcuUwf96gWeLgQ%2Fm%3D__features__#_methods=onPlusOne%2C_ready%2C_close%2C_open%2C_resizeMe%2C_renderstart%2Concircled%2Cdrefresh%2Cerefresh%2Conload&id=I0_1538675748828&_gfid=I0_1538675748828&parent=https%3A%2F%2Fwww.rigzone.com&pfname=&rpctoken=43482832  The Trump administration is commanding OPEC to run the printing presses at full speed. (Bloomberg) -- If OPEC is the central bank of oil, then the Trump administration is commanding it to run the printing presses at full speed. …
Continue reading "Trump Request for Max OPEC Output May Backfire"
by  Bloomberg Sherry Su (Bloomberg) -- China is set to boost its crude imports from West Africa to the highest in at least seven years this month as the trade war with the U.S. prompts the Asian nation’s refiners to find alternatives. Chinese refiners have bought about 1.71 million barrels a day of crude for …
Continue reading "China Boosts West African Oil Imports to Offset Trade War Impact"
by  Bloomberg Paul Burkhardt & Elisha Bala-Gbogbo Billionaire Aliko Dangote is building a 650,000 barrel-a-day refinery in Nigeria that will help cut the nation’s $7 billion annual fuel-import bill. Such is the pressure on its finances, the government is pursuing another option, giving licenses to mini refineries, some with capacity of as little as …
Continue reading "Mini-Refineries Race Billionaire to Fix Nigerian Fuel Crisis"
by  Andreas Exarheas Rigzone Staff Senegal's deepwater SNE field is on track for first oil in 2022, Fitch Solutions Macro Research states in a new report. Senegal’s deepwater SNE field is on track for first oil in 2022, Fitch Solutions Macro Research has stated in a new report. “Key 2018 milestones include the submittal …
by  Bloomberg Heesu Lee Tuesday, October 02, 2018 Oil extended gains near the highest level in almost 4 years as investors grapple with doubts over OPEC's ability to replace falling exports from Iran. (Bloomberg) -- Oil extended gains near the highest level in almost four years as investors grapple with doubts over OPEC’s ability to …
by  Nicholas Newman Rigzone Contributor Wednesday, October 03, 2018 A cocktail of factors could see oil go as high as $100 a barrel by Christmas. Thanks to OPEC and Russia’s agreement to restrict supply, and rising world demand for crude, the Brent oil price has climbed past $82 a barrel, a big increase on …
by  Matthew V. Veazey Rigzone Staff Wednesday, September 26, 2018 CME Group has found that options for NYMEX WTI Light Sweet Crude Oil futures have been very popular this year among traders from outside the US during non-US trading hours. Akin to insurance, oil options enable traders to pay a premium for the …
Continue reading "Popular WTI Crude Options Gaining Global Appeal"
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