Tag Archives: current crude oil prices

Shetland May Usher in Oil Industry Revival in the UK

UK pins its hopes on Shetland to revive its lackluster oil and gas sector. Oil majors to invest as much as $65 billion in the island region.

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Norway to Step Up Oil Exploration to Counter Future Oil Dilemma

Statoil says Norway must strike huge oil finds every two years at the very least, amid rapid domestic oil decline foreseen in 2020.

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Bakken Shows Huge Potential as Premier U.S. Oil Hub

Bakken is touted as the next leading U.S. oil hub, possibly dethroning Texas’ Eagle Ford, but a dearth of infrastructure could get in the way.

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Kenya Elections Derail Foreign Oil Investments

Upcoming elections in Kenya delay entry of foreign oil investments in the country. Investors opt to wait and see.

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Current Crude Prices Mixed in Asian Trading

Current crude prices are mixed in Asian trading after the President’s Day holiday and weaker Saudi Arabian crude exports.

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Current Oil Prices Bounce Before Fed Meeting

Current oil prices jumped up and down prior to the meeting of the Federal Reserve

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