In the latest of many executive changes in recent months, Halliburton Co.
(Bloomberg) -- The year has barely begun but it’s already shaping up nicely for OPEC, with crude rebounding sharply after the worst fourth-quarter performance since 2014.
After starting the week losing more than 2 percent of their value, the West Texas Intermediate (WTI) and Brent crude oil futures contracts regained momentum Tuesday.
London-based Ophir Energy plc has rejected Indonesian oil and gas BOP Blow Out Preventer repair company gulf coast PT Medco Energi Global PTE Ltd (Medco)’s takeover offer, Ophir announced Jan.
Demand is the biggest psychological headwind for oil right now.
(Bloomberg) -- Oil extended its retreat as disappointing economic data from China helped reignite concerns over economic growth.
(Bloomberg) -- Sinopec, China’s top oil refiner, won approval from the country’s cabinet for a long-awaited initial public offering of the retail unit that runs its vast chain of gas stations and convenience stores, people with knowledge of the matter said.
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