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Large build in stock in late 2014 Crude oil production in the United States increased from about 6 million barrels of oil a day in 2011 to almost 10 million barrels of oil a day in late 2014 The 2010s oil glut was a significant surplus of crude oil that started in 2014–2015 and accelerated in 2016, with multiple causes.
Commercial Crude Oil Stock Pile. On January 2, benchmark crude fell by the most in one day since November 2012 to close at $95.44. Brent crude was $107.78. Gas was $3.33. [1] With the Iran agreement and increased production from Libya and the North Sea, Benchmark oil was around $92 on January 13 and Brent crude was $105.98. [2]
October 28, 2014 – Monroe County, pipeline fire Eastern Ohio pipeline hauling toxic mix catches fire", Columbus Dispatch, October 28, 2014; November 12, 2014 – Noble County, Explosion, one dead "Worker killed in explosion at Noble County oil and gas facility", Columbus Dispatch, November 14, 2014 Archived May 18, 2015, at the Wayback Machine
Like other producers, Bahrain's government relies on oil revenues to fund itself, and its deficit was worsened by the oil crash that began in 2014. Halliburton will frack the shale reserve to ...
EOG Resources Inc is one of the top oil stocks in America. It has a top-tier position in the Eagle Ford Shale to go along with solid positions in both the Bakken Shale and Permian Basin. Because ...
As ever when looking at oil services stocks like Halliburton and Baker Hughes , your long-term outlook will be defined by your view on the future of oil prices. While this rule still applies ...
The 2014 Sundarbans oil spill was an oil spill that occurred on 9 December 2014 at the Shela River in Sundarbans, Bangladesh, a UNESCO World Heritage Site. [2] [3] The spill occurred when an oil-tanker named Southern Star VII, [4] carrying 350,000 litres (77,000 imp gal; 92,000 US gal) of furnace oil, was in collision with a cargo vessel [3] and sank in the river. [5]
The Russian economy depends largely on crude oil exports. In February 2014 crude oil prices started to slide down due to the boom in American shale oil production. For every $1 decline in crude oil prices, the Russian economy loses billions of dollars. The price of oil fell from $100 per barrel in June 2014 to $60 per barrel in December 2014.