Friday, 10 November 2017 () Friday November 10, 2017 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy sector. Each week we’ll dig into some data and provide a bit of explanation on what drives the numbers. Let’s take a look. 1. U.S. shale growing or slowing down? (Click to enlarge)- Oil prices faltered mid-week on news that U.S. oil production jumped up to 9.62 mb/d in the first week of November, a gain of 67,000 bpd week-on-week. - The uptick in output suggests that shale…
Royal Dutch Shell reported a near 50 percent rise in quarterly profits, driven by strong refining, while solid cash generation underscored the oil and gas company has adapted well to a world of low oil price. Laura Frykberg reports.
Crude prices tanked on Tuesday with West Texas Intermediate down 1.94% at US$55.66 as a new report from the IEA (International Energy Agency) painted a downbeat... Proactive Investors - BusinessAlso reported by •Zero Hedge •Energy Daily •OilPrice.com
New Zealand and Australia-focused TAG Oil Ltd (TSE:TAO) said it had a busy second quarter, which saw it increase revenues by 11% and lay the groundwork for... Proactive Investors - BusinessAlso reported by •Energy Daily
Higher oil prices are letting North American oil and gas companies dodge bankruptcy announcements, according to an analysis conducted by the Dallas-based law... OilPrice.com - MarketsAlso reported by •Energy Daily