Oil Page: The newest news, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10
March 15 (Bloomberg) -- OPEC is increasing oil drilling at the fastest rate in 2 1/2 years even as production exceeds its quotas by the equivalent of a supertanker of crude a day and delegates prepare to pledge no increase in output. www.bloomberg.com/apps/news?pid=20601207&sid=aDHS9FYQtAiA
OPEC is increasing oil drilling at the fastest rate in 2 1/2 years even as production exceeds its quotas by the equivalent of a supertanker of crude a day and delegates prepare to pledge no increase in output. www.businessweek.com/news/2010-03-15/opec-expands-oil-rigs-m...
(Corrects Brent prices in final paragraph.) March 15 (Bloomberg) -- Crude oil declined for a second day on speculation fuel inventories may remain high as supply from the Organization of Petroleum Exporting Countries outpaces the recovery in global demand. www.bloomberg.com/apps/news?pid=20601207&sid=aJwaALWFAxDU
China National Offshore Oil Corporation is paying $3.1bn for a 50% stake in Argentine oil and gas group Bridas Corporation. news.bbc.co.uk/go/rss/-/1/hi/business/8567440.stm
Cnooc, China's top offshore oil explorer, said on Sunday that it had secured a South American beachhead by agreeing to pay $3.1 billion in cash for a stake in one of the largest Argentine oil explorers, with fields in Argentina, Bolivia and Chile. dealbook.blogs.nytimes.com/2010/03/15/deal-for-oil-fields-ex...
Oil prices fell below $81 a barrel Monday in Asia amid investor concerns flagging U.S. crude demand doesn't justify the recent rally. news.yahoo.com/s/ap/20100315/ap_on_bi_ge/oil_prices_1
March 15 (Bloomberg) -- Crude oil declined for a second day on speculation fuel inventories may remain high as supply from the Organization of Petroleum Exporting Countries outpaces the recovery in global demand. www.bloomberg.com/apps/news?pid=20601072&sid=a75Lm8BnS_34
HONG KONG -- Leading offshore-oil producer China National Offshore Oil Corp. said Sunday that it has agreed to pay $3.1 billion to form a joint venture with a major Argentine energy firm, helping to expand China's access to natural resources in South America. www.washingtonpost.com/wp-dyn/content/article/2010/03/14/AR2...
An inside look at how Lucas Oil Field, home to the Indianapolis Colts, will be transformed to host the men's basketball Final Four from April 3-5. www.usatoday.com/sports/college/mensbasketball/2010-03-11-fi...
March 15 (Bloomberg) -- Crude oil declined for a second day on speculation global stockpiles may remain high because output exceeds demand improvement as the world recovers from its worst recession since World War II. www.bloomberg.com/apps/news?pid=20601091&sid=aXVpPYkgN0W8
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