Search Results for 'Baker Hughes Inc'

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Speculators retreat from oil as Opec oversupply crowds out shale
Mon, Jun 22 2015. 09 24 AM

Speculators retreat from oil as Opec oversupply crowds out shale

Hedge funds reduced both bullish and bearish bets on oil as rising Opec output was met with forecasts for a contraction in US supply
Oil bears miss out as record US refinery demand drives rally
Mon, May 25 2015. 08 49 AM

Oil bears miss out as record US refinery demand drives rally

Crude snapped a five-day decline the following day after US production fell to a three-month low and inventories slipped to the least since March
Opec seen unyielding in battle with shale for oil-market share
Fri, May 22 2015. 11 23 AM

Opec seen unyielding in battle with shale for oil-market share

Opec will stick with the strategy of favouring market share over prices when it meets next month
Oil holds below $60 a barrel as pace of US drilling cuts slows
Mon, May 18 2015. 11 55 AM

Oil holds below $60 a barrel as pace of US drilling cuts slows

WTI for June delivery was up 19 cents at $59.88 a barrel in electronic trading on the New York Mercantile Exchange
China is missing ingredient in oil’s recovery from six-year low
Wed, May 13 2015. 03 17 PM

China is missing ingredient in oil’s recovery from six-year low

The recent oil rally will be in danger unless demand accelerates to close the gap with rising supply
Oil steady, little help from Chinese interest rate cut
Mon, May 11 2015. 01 01 PM

Oil steady, little help from Chinese interest rate cut

China cuts interest rates for third time in 6 months; Libyan crude output down following Nafoura oilfield closure
There’s one part of the world where the oil industry is booming
Thu, May 07 2015. 11 33 AM

There’s one part of the world where the oil industry is booming

State-owned giants of the Middle East are using a record number of drilling rigs and boosting production
Crude climbs as US supply drops first time in four months
Wed, May 06 2015. 09 43 PM

Crude climbs as US supply drops first time in four months

Brent for June settlement rose 77 cents, or 1.1%, to $68.29 a barrel on the London-based ICE Futures Europe exchange
US manufacturing holds at weakest pace of growth since 2013
Fri, May 01 2015. 07 52 PM

US manufacturing holds at weakest pace of growth since 2013

The ISM’s index was unchanged at 51.5, the lowest since May 2013
Oil set for biggest monthly gain since 2009 as glut seen easing
Thu, Apr 30 2015. 07 47 PM

Oil set for biggest monthly gain since 2009 as glut seen easing

Oil has rebounded from a six-year low in March after drillers in the US reduced the number of active rigs to the fewest since October 2010

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