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      Brent slips towards $97 despite talks of OPEC output cuts

      The price of Brent crude dropped towards $97 a barrel today despite talks of lower output from the Organization of the Petroleum Exporting Countries...

      Oil slips towards $98 on concerns of faster US interest rates hike

      The price of Brent crude slipped towards $98 per barrel today on concerns of a faster hike in US interest rates.   Oil prices...

      GE Oil & Gas secures subsea equipment contract from Petrobras

      GE Oil & Gas has secured a subsea equipment contract worth more than $300m from Brazilian energy firm Petrobras.   Under the contract, GE...

      SBM Offshore to work with Noble Energy in two US GoM fields

      Netherlands-based SBM Offshore has secured a contract to work with Noble Energy in the US Gulf of Mexico (GoM) at the Big Bend and...

      Brent crude oil steadies at $99 on hopes of OPEC output cut

      The price of Brent crude oil has steadied at $99 per barrel on Wednesday on expectations that the Organization of the Petroleum Exporting Countries...

      Oil trades below $98, recovering from two-year low

      The price of Brent crude traded at just below $98 a barrel on Tuesday, recovering from its decline to a two-year low; however, the...

      Brent declines below $97 on weak Chinese economic data

      The price of Brent crude oil traded below $97 per barrel on Monday amid weak Chinese economic data.   Reuters reported that October Brent...

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