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This analyst says LNG exports will 'come to the rescue' of the Australian economy   - 1/6/2016
The energy complex is under pressure again with crude oil down more than 5% in trade last night. That’s seen Brent crude, the global benchmark, make a new 11-year low and it’s dragged the energy complex

2016 gas prices: Summer uptick won't last   - 1/6/2016
U.S. gasoline prices will tick upward as the summer driving season approaches but end the year back in the basement where they started, marking the fourth straight year of declines, according to a new

SOCAR increases export of oil products in 2015 [Trend News Agency, Baku, Azerbaijan]   - 1/6/2016
Jan. 07--The State Oil Company of Azerbaijan (SOCAR) exported 1.23 million tons of oil products in 2015 compared to 1.2 million tons of oil products in 2014, SOCAR said Jan. 6. SOCAR exported 1.2 million

Why oil prices are plunging - again   - 1/6/2016
This story has been updated. Despite sharply rising tensions in the Middle East,  oil prices  had seemed fairly stable — if quite low — as 2016 began. But that all changed Wednesday, as  prices  suddenly
all 1 news articles >>

BRIEF: SOCAR increases oil export from Novorossiysk in 2015 [Trend News Agency,   - 1/6/2016
Jan. 07--The State Oil Company of Azerbaijan (SOCAR) exported 1.27 million tons of oil via the Baku-Novorossiysk pipeline in 2015 compared to 932,160 tons of oil in the same period in 2014, SOCAR said

BRIEF: SOCAR reduces oil export from Georgian Supsa port [Trend News Agency, Baku,   - 1/6/2016
Jan. 07--The State Oil Company of Azerbaijan (SOCAR) exported 2.79 million tons of oil from Georgian Supsa port in 2015 compared to 2.96 million tons of oil in the same period in 2014, the company said

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Riyadh-Tehran conflict to aggravate, but not to affect oil prices -- expert [Trend   - 1/6/2016
Jan. 07--The conflict between Saudi Arabia and Iran can last long and will only aggravate, Yevgeny Satanovsky, the president of the Russian Independent Scientific Center "Institute of the Middle East",
all 1 news articles >>

Moody's: Oil, gas companies to cut investments by quarter [Trend News Agency, Baku,   - 1/6/2016
Jan. 07--World's oil and gas companies will cut capital investments by 20-25 percent against the background of lower oil prices, the international ratings agency Moody's forecasts. Oil and gas sector
all 2 news articles >>

Oil prices can rise in case of Saudi Arabia-Iran hot conflict [Trend News Agency,   - 1/6/2016
Jan. 07--Supplies continue to exceed demands on the world hydrocarbon market, Valentyn Zemlyansky, the director of energy programs at the Center of World Economy and International Relations of Ukraine's
all 3 news articles >>

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Crude Oil Tumbles Below $34 a Barrel as U.S. Supply Glut Expands   - 1/6/2016
Oil fell below $34 a barrel in New York after U.S. gasoline inventories surged the most in 22 years and crude supplies at the American hub climbed to a record. Brent oil dropped to an 11-year low in

UPDATE 8-Crude oil slides by 5 pct as gasoline spike paints bleak outlook   - 1/6/2016
* Saudi-Iran split dashes chance of OPEC deal to curb oil glut * Analysts expect rise in U.S. crude stocks * China's services sector expands at slowest pace in 17 months in December

UPDATE 8-Crude oil slides by 5 pct as gasoline spike paints bleak outlook   - 1/6/2016
NEW YORK Crude oil prices were more than 5 percent lower on Wednesday after tumbling below $35 per barrel for the first time since 2004, as a sharp rise in U.S. gasoline stocks reinforced a bleak picture
all 4 news articles >>

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Outright price of Canadian heavy crude drops below $20/bbl   - 1/6/2016
CALGARY, Alberta Jan 6 The outright price of benchmark Canadian heavy crude dropped below $20 a barrel on Wednesday, its lowest level in at least a decade, as global crude prices plunged on geopolitical
all 2 news articles >>

Pressure Mounts for Nigeria Naira Devaluation on Oil Plunge   - 1/6/2016
Nigerian authorities are facing growing pressure to devalue the naira as the price of oil, its biggest source of foreign exchange, fell to the lowest since 2004. The Central Bank of Nigeria may revise

A Dismal Oil Outlook   - 1/6/2016
Bloomberg's Joe Weisenthal talks about what he's following ahead of today's "What’d You Miss?" Watch the show every weekday at 4 p.m. ET on Bloomberg.

Wall Street lower on China worries, steep drop in oil   - 1/6/2016
Traders work on the floor of the New York Stock Exchange January 5, 2016. Reuters/Brendan McDermid U.S. stocks fell on Wednesday as fresh concerns over the impact of a slowdown in China on the

Ford CEO Mark Fields: Low Gas Prices Are Good for Business   - 1/6/2016
© Time Inc. All rights reserved. Fortune.com is a part of the Time.com network of sites. Powered by WordPress.com VIP Fortune 500 Auto Energy Finance Leadership Most Powerful Women Retail Tech Newsletters

Growth in India's services firms rose at its fastest pace in 10 months in December as demand picked up, a business survey showed today. The Nikkei/Markit Services Purchasing Managers' Index surged to

US STOCKS-Wall St lower on China worries, steep drop in oil   - 1/6/2016
Traders work on the floor of the New York Stock Exchange January 5, 2016. Reuters/Brendan McDermid U.S. stocks fell on Wednesday as fresh concerns over the impact of a slowdown in China on the

Freeport May Be Cut to Junk by Moody’s as Oil, Copper Prices Sag   - 1/6/2016
Freeport-McMoRan Inc. may lose its investment-grade rating after Moody’s Investors Service placed the metals and energy producer’s debt under review for possible downgrade. Copper and oil prices have

Crude oil slides by five percent as gasoline spike paints bleak outlook   - 1/6/2016
An oil tanker is seen on Lake Maracaibo in Venezuela's western state of Zulia March 1, 2008. Reuters/Jorge Silva Oil prices fell below $35 per barrel for the first time since 2004 on Wednesday, tumbling
all 11 news articles >>

Canadian Oil Sands Releases Corporate Trailer: "Valuable. For the Long Term."   - 1/6/2016
" Acting together now means we can remain independent in the long term. The principles that guided shareholders' investments in Canadian Oil Sands remain sound." -- Ryan Kubik, President and CEO
all 4 news articles >>

Global Stocks Fall as China Moves Unnerve Markets; Oil Plunges   - 1/6/2016
Stocks fell around the world, with the Dow Jones Industrial Average dropping 200 points, while bonds gained with the dollar on haven demand as China’s unexpected weakening of its currency once again raised
all 4 news articles >>

Halliburton faces long EU probe on Baker-Hughes buy   - 1/6/2016
BRUSSELS - Halliburton Co. passed on a chance to offer early concessions to European Union regulators, meaning it will probably face a protracted antitrust review of its plan to buy oil services rival
all 4 news articles >>

Vanishing January Cold Sends U.S. Gas Lower for Third Day   - 1/6/2016
Frigid weather is disappearing from U.S. weather forecasts, sending natural gas futures lower for a third day. A midday update to the government’s Global Forecast System computer model showed mostly
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