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Showing posts with the label December 28

Oil price 'meltdown' puts offshore drilling stocks 'back to square one,' analyst says

Oil price 'meltdown' puts offshore drilling stocks 'back to square one,' analyst says https://cnb.cx/2ES1YP0 Investment bank Jefferies cut its price targets for offshore drilling stocks on Friday, saying the collapse in oil prices has made an anticipated recovery for the beaten-down sector in 2020 unlikely. https://ift.tt/2PddWW7 December 28, 2018 at 08:23AM Energy https://cnb.cx/2KU3Ztw

Russia dashes plans to make its oil market alliance with OPEC permanent

Russia dashes plans to make its oil market alliance with OPEC permanent https://cnb.cx/2Q8PwML Russian Energy Minister Alexander Novak on Friday poured cold water on long-simmering plans to institutionalize Moscow's alliance with OPEC and other oil producers. https://ift.tt/2PddWW7 December 28, 2018 at 04:46AM Energy https://cnb.cx/2KU3Ztw