Tagged Prices

Bloomberg: OPEC+ agrees on output cuts. Iran exempted

Rate this article By Offshore Energy Today The Organization of Petroleum Exporting Countries, has reportedly, struck a deal with its Russia-led allies to cut production by 1.2 million barrels a day, in order to bring up oil prices. … Read Full Article Here For more great articles: Offshore Energy Today

IHS Markit to floating rig owners: Curb your enthusiasm!

Rate this article By Offshore Energy Today Following several years of depressing market conditions, offshore rig owners have started showing optimism about the market outlook, encouraged by a recent rise in oil prices and the expectations… … Read Full Article Here For more great articles: Offshore Energy Today

Petronas logs decline in LNG sales, profit climbs

Rate this article By LNG World News Malaysia’s Petronas reported a decline in its quarterly liquefied natural gas (LNG) sales as its total earnings and profit rose on higher prices. The energy company’s revenue for the third quarter was 63.9 billion ringgit ($15.2 billion), up by 19 percent from the corresponding period in 2017. Profit…

Chevron sees double in 3Q earnings

Rate this article By Offshore Energy Today.. U.S. oil major Chevron has doubled its third quarter earnings on the back of higher crude oil prices. … Read Full Article Here For more great articles: Offshore Energy Today

ExxonMobil’s third quarter earnings go up by 57 pct

Rate this article By Offshore Energy Today.. Oil major ExxonMobil boosted its third quarter earnings by 57 percent as crude and natural gas prices strengthened compared to the same period last year. According to its financial report published… … Read Full Article Here For more great articles: Offshore Energy Today