A significant drop in oil prices is likely to lead to a cut in capital expenditure and new projects in the oil and gas sector. This sector comprises 70% of WorleyParsons
that Azerbaijani privately-owned banks' credit metrics are stable as the economy is on the positive side of economic cycle, benefiting from high oil prices and significant government spending. However, asset quality and performance may b
DUBAI, Aug 26 (Reuters) - Iran's Oil Minister Bijan Zanganeh said on Tuesday that current oil prices are appropriate and the recent decline would be brief.
profiting greatly from investing now in well chosen shale stocks. The problem for most investors is that there are some pretty big worries circulating overhead, most notably concerns about softening oil prices and the fear of Complete Story »
workforce of more than 14,000. The greatest risk facing the oil-service industry is lower oil prices for a prolonged period. Lower oil prices would immediately constrain oil producers’ capital spending budgets, which would lead to lower
averaged approximately 70.2 thousand boe at a ratio of 94% oil/6% gas. Denbury's primary risk is a prolonged decline in oil prices . Earnings and cash flow would decline, forcing the firm to curtail capital spending, sell assets, or increase external
management control--currency, crude oil prices and the Singapore refiner margin.Increasing ..... Caltex faces a number of risks. Higher oil prices are generally good for refiner margins ..... more exposed to the risk of a hike in oil prices . It also leaves Caltex with less independence
NEW YORK, Aug 24 (Reuters) - The average price of a gallon of gasoline in the United States fell by 4 cents in the past two weeks as crude oil prices continued a broad decline, according to the Lundberg survey released on Sunday.
few years, some of the biggest oil discoveries have been offshore and this trend is likely to continue. Further to this, oil prices will remain firm as geo-political tensions around the world are high. This will support drilling activity as break-even
* Spate of U.S. data provides lift to Wall Street * European shares, euro lifted by robust German data * Brent oil prices near 14-month low, but U.S. prices rise (Adds close of European bond, stock...