"Early Signs of Petroleum Demand Revival in U.S."
G. Allen Brooks, in his analysis of rising and falling crude oil prices, notes that weekly demand in the oil market has begun to show signs of improving....Complete Story
"Gazprom Discusses Spanish Involvement in Russian Projects"
Russia's Gazprom is involved in talks with Spanish Repsol, as well as other companies, about the Russian Yamal field development....Complete Story
"Oil Rebounds After 10% Drop on Speculation OPEC May Act to Support Prices"
Oil gained, after dropping 10 percent yesterday, on speculation OPEC may take further steps to support prices at its meeting later this month....Complete Story
"BP Cuts Production Forecast Through 2012; Trims Spending on Low Oil Price"
BP Plc, Europe’s second-largest oil company, cut its production forecast through 2012 and reduced a spending target because of lower crude prices....Complete Story
"Shell Sees Recession Improving Opportunities to Acquire Oil, Gas Assets"
Royal Dutch Shell Plc, Europe’s biggest oil company, said the recession is creating opportunities to acquire oil and natural-gas assets....Complete Story
"Libya Wants Conoco, Hess, Marathon to Agree to Lower Oil Production Share"
Libya urged ConocoPhillips, Hess Corp. and Marathon Oil Corp. to agree to lower their share of production from the Waha oil venture as state revenue is squeezed by lower crude prices and OPEC-mandated output cuts....Complete Story
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