WTI falls below $40 for first ...
MOMING ZHOU and MARK SHENK NEW YORK (Bloomberg) -- Oil plunged below $40/bbl in New York for the first time in more than six years on signs the supply glut will be prolonged. Prices have tumbled almo...
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As Oil Industry Cuts Back, Pri...
Low oil prices are expected to continue through much of this year and next, but as companies shelve plans for new drilling, they are setting the stage for a significant rebound in prices in the years...
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Oil prices bad news for slowin...
Another drop in oil prices isn't doing any good for the currently sluggish Saskatchewan oil industry.Oil prices dropped to a six year low this week, prompting more concern for those involved with the...
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Gazprom Neft brings second wel...
ST PETERSBURG, Russia -- Gazprom Neft has brought its second well into production at Prirazlomnoye field, with output totaling 1,800 tonnes per day. The field lies on the Russian Arctic Shelf. The lau...
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America’s oil explorers boost ...
HOUSTON (Bloomberg) -- Drillers added rigs in U.S. oilfields for the seventh time in the past eight weeks as declining crude prices fail to hold activity back. Rigs targeting oil in the U.S. rose by ...
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Uhlmann USA To Ramp Up Machine...
Uhlmann Packaging Systems LP, the worldwide leader in pharmaceutical packaging, is intensifying its custom machine outfitting services at its Rebuild Packaging Systems Center in New Jersey. The heigh...
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