Brent crude ICE futures fell from over $47.80 per barrel to $46.19 per barrel in late afternoon trading before recovering slightly to around $41.30 per barrel.
The Obama administration has made it harder to drill for oil in the Arctic Ocean – not that many companies are trying to do so these days. After years of revision, the administration announced final rules late last week that require companies working in the offshore Arctic to put in place new safety...
While crude oil price movements have been a sensitive leading indicator to economic conditions and financial markets since late 2014, the British Pound collapse has now become a leading indicator for many commodities since the June 23rd UK referendum...
Norwegian oil-well service workers and their employers signed a new wage deal late on Thursday, avoiding a strike, said the Norwegian Oil and Gas Association (NOG), which represents employers.
Daniel Richter's "a big mistake, too late," 2016, oil on canvas. It's one of three more abstract works that don't depict human bodies. (Daniel Richter / Regen Projects, Los Angeles) Porn and painting make for strange bedfellows. But the two come together to romp, often recklessly, in Daniel Richter's...
Norway remains one of the biggest contributors to the Clinton Foundation, a charitable organization established and run by the Clintons. Of late, pressure has been rising at home to end Oslo's support for the foundation for ethical reasons, as it clearly may influence the outcome of the president election.
Saudi Arabia is talking the oil market up lately. That's a big change from a few months when it was talking the market down. In fact, Saudi Arabia has been doing much more than talking the oil market up -- it has been hiking oil prices. It was back in February when [...]
Oil pundits have been hailing the emergence of an oil balance, and to be sure, one is quickly taking shape. The problem is that most of those now bandying about the term are still getting it wrong, despite being late to the party. The post What the Latest Oil Balance “Mantra” Is Really About was originally published at The Wall Street Examiner. Follow the money!
Welcome welcome, friends and frenemies. It’s time for your weekly tales of flim-flammery and fakery, the Snake Oil Bulletin. We’ve had our fair share of idjit anti-vaxxers lately, so who are we to spoil a winning streak like that? Let’s take a stroll through our archives of truly horrible anti-vaccine bullshit and marvel at the
Via 18th century blog Johann Ernst Heinsius, Madame Huard, late 18th. ct. Johann-Julius Heinsius (1740-1812) was a German oil painter and miniaturist. He was the brother of Johann Ernst Heinsius (1731-1794) a painter of Ilmenau.
Categories: Services Procurement & Contingent Labor, Services Procurement & Contingent Labor Management, Technology Tags: Technology While the oil industry has undergone extensive job losses of late (to the tune of 350,000 worldwide)...Show More Summary
Angola — Africa's largest oil producer — might be facing a new threat. Reuters' Ed Cropley reports that in late May five militants traveled by speedboat, boarded an offshore Chevron gas platform, and threatened petroleum workers. The...Show More Summary
I’ve been seeing lip treatment oils talked about on different beauty blogs a lot lately, and I’ve been curious about them…but for whatever reason, I just hadn’t gotten around to giving them a try. Until now. I wanted to try these Lancome Juicy Shakers ($21) for a couple of reasons. Show More Summary
Both major oil benchmarks, US West Texas Intermediate and Brent crude, closed the later part of Tuesday above $50 per barrel. For Brent, which crossed the mark late last week, it wasn't a huge deal. But the close marked the first time...Show More Summary
Oil companies have had a string of bad news lately. The latest such event is a rail accident that caused a crude oil explosion along Oregon's scenic Columbia river.
In a roomful of oil and gas executives in North Dakota late last month, Donald Trump reiterated his threat to “cancel” the Paris climate agreement, insisting the way to “make America great again” is to resurrect the coal industry and drill our way to prosperity. Show More Summary
Angolan President Jose Eduardo dos Santos has appointed his daughter as the new head of Sonagol, the state-owned oil firm, according to a government statement published late Thursday.
BODO/ONITSHA, Nigeria (Reuters) - Nigerian President Muhammadu Buhari canceled at the last minute a visit planned for Thursday to the oil-producing Niger Delta as militants attacked a boat belonging to state oil firm NNPC, the latest violence in the restive region.
U.S. financial markets wrap up May trading on down note amid mixed economic data
Former Republican presidential candidate and soon-to-be ex-Senator Marco “Roboto ” Rubio has oiled his hinges and let off some steam via one beautifully catty late night tweetstorm directed at the Washington Post. Read more...