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Latest Price of petroleum Stories

2012-11-13 12:22:13

HOUSTON, Nov. 13, 2012 /PRNewswire/ -- America can bank on plentiful domestic natural gas, but should expect a continued reliance on foreign oil, according to oil and gas decision-makers who participated in a new Deloitte survey. (Logo: http://photos.prnewswire.com/prnh/20120803/MM52028LOGO-a) (Logo: http://photos.prnewswire.com/prnh/20120803/MM52028LOGO-b) Three-quarters of the survey respondents think the United States is already natural gas self-sufficient, or will be within 10 years....

2012-11-12 20:21:21

CALGARY, Nov. 12, 2012 /PRNewswire/ - (TSX:PMT) - Perpetual Energy Inc. ("Perpetual" or the "Corporation") is pleased to release its financial and operating results for the three and nine months ended September 30, 2012. A copy of Perpetual's unaudited interim consolidated financial statements and related notes and management's discussion and analysis for the three and nine months ended September 30, 2012 and 2011 can be obtained through the Corporation's website at...

2012-11-08 04:21:27

TSX, NYSE MKT: BXE CALGARY, Nov. 8, 2012 /PRNewswire/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE MKT: BXE) announces its financial and operating results for the three and nine months ended September 30, 2012. Forward-Looking Statements This press release, including the report to shareholders, contains forward-looking statements.  Please refer to our cautionary language on forward-looking statements and the other matters set forth at the...

2012-10-12 07:20:47

SINGAPORE, Oct. 12, 2012 /PRNewswire/ -- Global energy reporting agency Argus has launched assessments for cfr Turkey Group 1 base oil prices. These are the first assessments for spot delivered base oil prices for the Turkish market. The assessments strengthen Argus' coverage of the Black Sea and global base oil markets, and highlight the interconnectivity and increasing internationalisation in these markets. Turkey is a major lubricant blender and consumer, with automobile sales growth of...

2012-10-05 06:21:40

LONDON, Oct. 5, 2012 /PRNewswire/ -- Global energy and commodity price reporting agency Argus Media notes the publication today of the final report on principles for oil price reporting agencies (PRAs) by the International Organization of Securities Commissions (Iosco). Argus Media has for many years worked to high standards of market reporting and governance, which reinforce the integrity of the price assessment process. Commenting on the Iosco report, Argus Media chairman and chief...

2012-09-27 02:22:34

MILTON KEYNES, England, Sept. 27, 2012 /PRNewswire/ -- It's not often you read predictions of falling oil prices but self-made multi-millionaire trader and investor Vince Stanzione is betting on lower oil prices in the next 5 years and a boom in U.S. oil & gas production that will give the American economy a well-needed boost that could see the country not only being totally energy independent but an actual net exporter by 2020 - too good to be true? Before dismissing the call...

2012-09-14 23:00:55

Shiply.com, the online transport marketplace, welcomed the Office of Fair Trading´s investigation into the current near record high fuel prices. London, UK (PRWEB) September 14, 2012 Shiply today welcomed the OFT´s investigation into rising fuel prices, amid fears that reductions in crude oil prices are not being passed onto motorists. The UK average petrol price is now 139.71p a litre, 3p less than the record high of 142.48p reached in April 2012. Diesel now costs an average of...

2012-09-10 06:33:43

NEW YORK, Sept. 10, 2012 /PRNewswire/ -- Crude oil production in the United States is projected to grow by 74%, or more than 4.9 million barrels per day (MMb/d), during the next 10 years to an average of 11.6 MMb/d by 2022, according to Bentek Energy®, the energy data analytics unit of Platts, a leading global energy, petrochemicals and metals information provider. "Not only will the projected record growth in oil production affect North America, it will have dramatic...

2012-08-14 02:25:18

AUSTIN, Texas, Aug. 14, 2012 /PRNewswire/ -- FieldPoint Petroleum Corporation (NYSE/AMEX:FPP) announced today its second quarter financial results for the three and six months ended June 30, 2012. Ray Reaves, President and CEO of FieldPoint stated, "During this past quarter our oil and natural gas revenue increased 12% over the same period last year primarily as a result of higher production offset somewhat by lower oil and natural gas prices. Net income and earnings per share met our goals...

2012-08-13 14:21:28

CALGARY, Aug. 13, 2012 /PRNewswire/ - (TSX:PMT) - Perpetual Energy Inc. ("Perpetual" or the "Corporation") releases its financial and operating results for the second quarter of 2012. A copy of Perpetual's unaudited interim consolidated financial statements and notes and related management's discussion and analysis ("MD&A") for the three and six months ended June 30, 2012 and 2011 can be obtained through the Corporation's website at www.perpetualenergyinc.com and SEDAR at...