Oil prices slipped on Wednesday as doubts put in about Russia’s willingness to substantially expand a deal to suppress output between a few of the world’s largest exporters aimed at tackling global oversupply and bolstering prices.
Oil prices fell on Tuesday on uncertainty over the results of a key OPEC meeting this week due to decide on production policy for the following year.
Brent crude oil was down 50 cents a barrel at $63.34 a barrel by 1000 GMT. U.S. light crude was 50 cents lower at $57.61, after falling 1.4 percent in the previous session.
Frank Appel is chief executive officer of Deutsche Post DHL Group
For any significant international business, in our case as the world’s leading logistics provider, the dedication to go emissions-free by 2050 will activate one of two responses. Some regard it as a public-relations ploy, but some think placing such a goal is too optimistic.
Oil prices slipped on Monday, with U.S. crude easing from two-year highs on prospects for greater output.
Losses were limited though as expectations that OPEC and other important exporters will agree this week to expand production limits provided aid.
One of the few female CEOs in the Canadian oil patch says she’s excited about creating a “fresh hydrocarbons” firm after she parted ways with the American financial backers of her oil and gas-producing firm.
The world is becoming brighter, but scientists say that might not be a fantastic thing.
Researchers said on Wednesday satellite data revealed that Earth’s artificially lit outside surface at night climbed by about 2 per cent annually in area and brightness from 2012 to 2016, underscoring concerns about the ecological effects of light pollution on humans and animals.
U.S. oil prices jumped to a two-year high on Friday as North American markets tightened on the tight closure of the Keystone pipeline linking Canadian oilfields with the United States.
U.S. light crude hit highs not seen since July 1, 2015 on Friday, trading at $58.70 a barrel, before easing to $58.53 by 0952 GMT but nevertheless 51 cents up daily.
Vancouver-based coal miner SouthGobi Resources Ltd said on Thursday it sacked its chief executive officer (CEO), who is a suspect in a fraudulent loan case, with immediate effect, because of his inability to fulfill his daily duties.
Oil prices spiked on Wednesday with U.S. light crude hitting highs not seen since July 2015 after flaws on a significant pipeline dented Canadian deliveries into the United States, where crude inventories were reported to be falling.
Canada’s premier centre for exploring the nature of reality has only taken on its biggest challenge, at least in terms of subject matter.
On Monday, Neil Turok, director of the Perimeter Institute for Theoretical Physics in Waterloo, Ont., declared the institute is establishing a new “Centre for the Universe,” a cosmology-focused research hub which will try to decode the nature and source of … everything.