Oil Up in Asia but Prices Under Pressure by Supply Glut

Oil prices rebounded in Asia Thursday (November 5) after tanking in the previous session; but the market remains under pressure by a global crude oversupply. Related Articles:Oil Prices Trading Below $43 in AsiaOil Down in Asia on Oversupply FearsShell to Cut Oil PricesOil Prices Up in Asian TradeOil Up as Iran Output Boost Seen as Distant
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Shell to Cut Oil Prices

Pilipinas Shell said it will cut prices of gasoline products by PhP0.20 per liter effective 1am of Tuesday, 13 April 2015. Read More Source: Manila Bulletin Related Articles:Pilipinas Shell More than Double Its Net Income to ₱7.4BShell, PSALM Ink PhP98M Supply ContractPHStocks Exclusive: Top 30 Worst Performing Stocks in May 2017Pilipinas Shell to Upgrade Tabangao […]
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Oil Prices Up in Asian Trade

Oil prices rose in Asia on 10 April, recovering from a steep dive, but buying sentiment remains shackled by a global supply glut, analysts said. US benchmark West Texas Intermediate reversed an earlier decline to advance two cents to $50.81 and Brent gained 20 cents to $56.85 in afternoon trade. Read More Source: Manila Bulletin Related […]
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Oil Up as Iran Output Boost Seen as Distant

Oil prices bolted higher Monday on doubts last week’s nuclear agreement between Iran and global powers will soon lift crude supplies. Read More Source: Philippine Daily Inquirer Related Articles:Oil Prices Trading Below $43 in AsiaOil Down in Asia on Oversupply FearsPH Stocks RetreatedPNOC Exploration Acquires 1,000km of New 2D Seismic Data Over the Bikuda and […]
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PH Stocks Retreated

Manila—(PHStocks)–Possible profit taking wiped off the gains earned by local shares yesterday as the market retreated at the close the week after a strong three-day rally. The bellwether Philippine Stock Exchange Index (PSEi) dropped to 4,758.57 points at the close of the market today, after touching a record 4,822 points yesterday. All counters except the […]
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PNOC Exploration Acquires 1,000km of New 2D Seismic Data Over the Bikuda and Bulador Prospects in SC 58

Taguig–(PHStocks)–PNOC Exploration Corporation (PSE: PEC) has announced that new 2D seismic data will be acquired in Service Contract 58 (SC 58) by Nido Petroleum Philippines Pty Ltd, as operator and on behalf of the SC 58 Joint Venture. Highlights: Approximately 1,000km of new 2D seismic data to be acquired over the Bikuda and Bulador prospects […]
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