Tag Archives: Bloomberg News Agency

In just one month. Iraq turned from cheater to complainer. after clashes in Kurdistan added some geopolitical risk premium to oil prices.

Talks between Wintershall and Fridman’s DEA Group are at an advanced stage.

The reforms. however. must not affect daily oil production in any negative way.

New Mexico may have cheaper prices and costs. but it also has some takeaway capacity and oilfield infrastructure constraints.

Economics says the reason for the GDP growth deceleration was a slowdown in the growth of the industrial production sector.

A total of 48.000 contracts have traded over the last few days that would profit most if Brent spikes before Christmas.

The Venezuelan economy has been in recession for four years. where food shortages. the lack of U.S. dollars and the depreciation of its own currency. has sent inflation soaring.

Output cuts by OPEC and other producers such as Russia and Oman have started to pay off.

The group sees U.S. shale fizzling out after 2025. leaving OPEC once again in charge.

PDVSA made an overdue $1.1 billion bond principal payment this week.