High oil prices aid Oman's growth momentum: CBOTimes of OmanGross domestic product (GDP) at current prices increased by 22.7 per cent to RO27,945.4 million in 2011 from RO22,773.0 million in 2010. While nominal GDP emanating from the petroleum sect…

OPEC says oil plentiful, supply above market needsCNBC.comLONDON (Reuters) – OPEC is pumping enough oil to keep world markets more than satisfied and oil prices have been high largely due to geopolitical risk, the oil producing group said on Thursday. …

S&P rates Northern Oil and Gas Inc B, outlook stableReutersNOG's oil focus (89% of proved reserves) and the current crude oil pricing environment, yields better profitability compared with more gas weighted peers. NOG also plans to spend $60 mi…

The Truth About Oil PricesDailyFinanceBoth John and David believe that oil prices are likely to remain high for quite a while. They also think that Denbury Resources is a great way to play the current market for oil. If oil prices stay high, then Denbu…

Chart Presentation: Crude Oil- How Low is Low?Inside FuturesOne of the arguments is that the S&P 500 Index will remain under pressure until crude oil prices find the next meaningful bottom. By 'meaningful bottom' we are referring to a price…

Dune Energy Reports First Quarter 2012 Financial and Operating ResultsMarketWatch (press release)Production declined over 17% in the first quarter of 2012 as compared to the first quarter of 2011; however, increased oil prices were able to offset a por…

Murphy Oil Announces Preliminary First Quarter 2012 EarningsMarketWatch (press release)The 2012 quarter was unfavorably impacted by lower crude oil sales volumes and significantly lower North American natural gas sales prices. E&P Metrics Three Mos…

Pioneer Southwest Energy Partners L.P. Reports First Quarter 2012 Financial …MarketWatch (press release)The current average well cost is $1.8 million, which is expected to generate an average before-tax return of 45% to 50%, assuming flat commodity p…

Oil starting the week on the defensiveNASDAQWith the supply side of the equation moving into the background (for the moment) the market has been focusing on current and projected global oil demand for guidance for the next move for oil prices. As I hav…

Oil starting the week on the defensiveNASDAQWith the supply side of the equation moving into the background (for the moment) the market has been focusing on current and projected global oil demand for guidance for the next move for oil prices. As I hav…