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AP - Oil prices slipped towards $77 a barrel on Thursday as a sharp slide in stock markets raised worries about the pace of recovery in the global economy and demand for crude.
Asset manager Apollo Global Management LLC on Wednesday completed its acquisition of Parallel Petroleum Corp., according to the oil and natural gas producer. In September, Parallel agreed to be acquired by Apollo in a deal valued at about $483 million, which... Natural gas - Business - Record producer - Energy - Oil and Gas
Nov. 20 (Bloomberg) -- Crude oil traded below $78 a barrel in New York after falling yesterday as the dollar strengthened and amid concerns about the pace of recovery in the U.S., the world’s biggest energy consumer.
With crude oil slipping to the lowest level on the New York Mercantile Exchange (NYMEX) since Oct. 15, the oil refineries operating at historically low levels, the price of gasoline is in retreat.
(RTTNews) - Crude oil dropped sharply on Tuesday amid economic worries from both China and the U.S. Traders await the release of inventory data later today and tomorrow.
(RTTNews) - Wednesday in early trading, the Canadian dollar strengthened as crude oil started to tick higher on the back of a slumping dollar. The loonie jumped to a weekly high against the US dollar and a 6-day high against the euro.
Nov. 20 (Bloomberg) -- Analysts surveyed by Bloomberg News were split over whether crude oil prices will fall or be little changed next week amid a weak dollar and ample fuel supplies.
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TransGlobe Energy (TransGlobe) is a global exploration and production company. The company is principally engaged in the exploration, development and production of crude oil in the Republic of Yemen and the Arab Republic of Egypt.
Crude-oil futures fall nearly 2%, pressured by concerns over the health of the economy in China, and sell off further in late electronic trading after an industry group shows a surprise jump in inventories.
Crude oil inventories rose by 1 million barrels last week, just short of an anticipated 1.4 million barrel build.
Nov. 26 (Bloomberg) -- Abu Dhabi’s Murban crude oil fell against its benchmark for a second day as reduced demand from refiners has created a supply glut.
Nov. 20 (Bloomberg) -- Qatar Petroleum, the country’s state-owned oil producer, sold Al-Shaheen crude for loading in January to SK Energy Co., Exxon Mobil Corp., Chevron Corp., Reliance Petroleum Ltd. and ConocoPhillips, said three traders who submitted offers for the cargoes.
Nov. 24 (Bloomberg) -- Canada’s dollar weakened against its U.S. counterpart as crude oil, the nation’s largest export, and global equities dropped, diminishing the appeal of currencies tied to growth.
Nov. 23 (Bloomberg) -- Crude oil was little changed after failing to break through resistance at $80 a barrel as the dollar weakened and fuel demand dropped in the U.S., the world’s biggest energy-consuming country.
Nov. 24 (Bloomberg) -- Canada’s dollar weakened against its U.S. counterpart as crude oil, the nation’s largest export, and global equities swung between gains and losses, diminishing the appeal of currencies tied to growth.
Nov. 23 (Bloomberg) -- Crude oil rose as a weaker dollar heightened the appeal of commodities to investors and an Iranian military exercise bolstered concern that Middle Eastern supplies may be disrupted.
Nov. 24 (Bloomberg) -- Canada’s dollar weakened against its U.S. counterpart as crude oil, the nation’s largest export, and global equities swung between gains and losses, diminishing the appeal of currencies tied to growth.
Nov. 24 (Bloomberg) -- Canada’s dollar weakened against its U.S. counterpart as crude oil, the nation’s largest export, and global equities swung between gains and losses, diminishing the appeal of currencies tied to growth.
Nov. 23 (Bloomberg) -- Crude oil rose as a weaker dollar heightened the appeal of commodities to investors and an Iranian military exercise bolstered concern that Middle Eastern supplies may be disrupted.
Nov. 25 (Bloomberg) -- Oil was little changed after dropping below $76 a barrel in New York on speculation weaker growth in the U.S., the world’s largest energy consumer, may limit demand.
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