• Oil higher on Middle East, North Sea supply worries

    29 days ago - By Reuters

    Oil prices rose on Monday on worries over supply after tensions worsened between Iran and the United States, while some offshore workers began a 24-hour strike on three oil and gas platforms in the British North Sea.
    Read more ...

     

  • Halliburton revenue jumps 24 percent

    29 days ago - By Reuters

    Oilfield services provider Halliburton Co's quarterly revenue jumped 24 percent on Monday as higher oil prices encouraged U.S. oil and gas producers to put more rigs to work.
    Read more ...

     

  • Why Higher Oil Prices Aren't Helping Russia That Much

    29 days ago - By ETF Daily News

    From Zacks : Just as Russia's economy started to benefit from a rebound in oil prices, alarming bells began started ringing. The economy witnessed the sixth straight quarter of growth after two years of contraction in Q1 of 2018.
    Prolonged oil price woes previously weighed on Russia equities as the country is an exporter of oil. However, an uptick in oil prices this year as evident from some 15% year-to-date gains in United States Oil has played its role in shoring up Russia's GDP of late.
    Still, there are some reasons to be worried about (read: Top ETF Events of 1H to Watch in 2H...
    Read more ...