- Canada approves £27 bln LNG complex; Petronas in no rush to start
September 28, 2016
Malaysia's Petronas said it would review a proposed C$36 billion ($27.25 billion) liquefied natural gas (LNG) project in western Canada after Ottawa approved the project with conditions to limit the environmental impact.
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- November's OPEC meeting is live but don't bet on a big $50-plus breakout
September 28, 2016
Kicking a production freeze deal down the road was probably the bestoil bulls could hope for after OPEC failed to reach a consensus in Algiers, strategists told CNBC.
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- OPEC needs to cut oil supplies to push prices above $50 a barrel
September 26, 2016
The Organization of Petroleum Exporting Countries, which pumps about one third of the world’s oil supply, needs to cut production to sustain a rise in crude prices above $50 a barrel, according to the majority of respondents polled in a Gulf Intel...
- Oil prices jump on freeze talks analysts doubt sustainability
September 06, 2016
Crude oil prices once again felt waves of volatility increase Monday, as verbal intervention from the world’s two biggest oil producers, Russia and Saudi Arabia, had an immediate, but unsustained, effect on prices.
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- 'No chance' of Russia and Saudi Arabia oil cooperation, experts say
September 06, 2016
Energy experts poured scorn on the prospect of Russia and Saudi Arabia collaborating to stabilize the oil market, after the two countries made a joint statement to that effect.
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