Archives for 2016
Shell’s new global CFO Jessica Uhl has ties to Houston
Royal Dutch Shell executive Jessica Uhl has been elevated to chief financial officer for global operations. Uhl, the current executive vice president of finance for integrated gas, begins her new post in March and will continue...
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Houston selected to host 2020 World Petroleum Congress
Houston on Thursday was named host of the 2020 World Petroleum Congress that attracted thousands of global energy delegates each year. Houston, which lost two previous attempts to host the event held every three years, was...
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OPEC threatened by tiny Oklahoma town with soaring supplies
For OPEC, there are few enemies more fearsome than the tiny Oklahoma town of Cushing. With oil inventories at Cushing creeping near an all-time high, U.S. benchmark futures prices are struggling to advance despite the...
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Oil prices fall after crude inventory, OPEC news
Oil prices fell by more than $1 a barrel Wednesday after news that the crude glut is growing in the nation’s storage benchmark of Cushing, Okla. The oil price also felt the impact of OPEC...
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Market Currents: Saudi oil logic explained
Oil prices are lower today, as focus shifts from optimism of the market balancing in the future, back to current oversupply. With today’s US inventory report helping crude to pare losses with a solid draw...
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