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CORRECTED-UPDATE 9-Oil largely steady as dollar strengthens
NEW YORK, Feb 21 (Reuters) - Oil prices were little changed
on Wednesday ahead of data expected to show rising crude
inventories in the United States and as the dollar strengthened
from last week's three-year lows.
BRIEF-Oil States Extends Senior Secured Revolving Credit Facility
* OIL STATES AMENDS AND EXTENDS ITS SENIOR SECURED REVOLVING
BRIEF-Oil States Announces Pricing Of $200 Mln Principal Amount Senior Notes
Oil States International Inc(OIS): * OIL STATES ANNOUNCES PRICING OF $200 MILLION PRINCIPAL AMOUNT OF CONVERTIBLE SENIOR NOTES DUE 2023. * OIL STATES INTERNATIONAL-HAS AGREED TO SELL TO INITIAL PURCHASERS IN PRIVATE OFFERING $200 MILLION PRINCIPAL AMOUNT OF ITS 1.50% CONVERTIBLE SENIOR NOTES DUE 2023 Source text for Eikon: Further company coverage:
BRIEF-Oil States Announces Offering Of $200 Mln Principal Amount Of Convertible Senior Notes Due 2023
Oil States International Inc(OIS): * OIL STATES ANNOUNCES OFFERING OF $200 MILLION PRINCIPAL AMOUNT OF CONVERTIBLE SENIOR NOTES DUE 2023. * OIL STATES INTERNATIONAL-EXPECTS TO USE NET PROCEEDS FROM NOTES SALE TO REPAY PORTION OF BORROWINGS OUTSTANDING UNDER CO'S REVOLVING CREDIT FACILITY Source text for Eikon: Further company coverage:
Aramco seeks to expand in U.S., says Trump is pro-oil
DAVOS, Switzerland (Reuters) - Saudi oil giant Aramco is looking to expand in the United States where President Donald Trump's tax cuts and support for the oil industry are making business increasingly attractive, its chief executive told Reuters.
BRIEF-Oil States International Expects To Record One-Time, Non-Cash Charge In Q4
Oil States International Inc(OIS): * Oil States International Inc(OIS) - EXPECTS TO RECORD ONE-TIME, NON-CASH CHARGE IN Q4 AS A RESULT OF RECENTLY ENACTED TAX CUTS AND JOBS ACT. * OIL STATES INTERNATIONAL (OIS) - ON LONGER TERM, SOME ASPECTS OF TAX REFORM LEGISLATION SEEN TO HAVE POSITIVE IMPACT ON FUTURE U.S. INCOME TAX EXPENSE.
Oil dips away from 2014 highs on rising U.S. rig count, but analysts say market supported
SINGAPORE (Reuters) - Oil prices dipped on Monday as rising drilling activity in the United States pointed to higher future output, although output cuts led by OPEC and Russia as well as healthy demand kept crude near December 2014 highs reached last week.
Venezuela's crude sales to the U.S. fell below 600,000 bpd in 2017
Venezuela's crude oil sales to the United States fell for a second month in a row in December, knocking the year's average to 593,047 barrels per day (bpd), the lowest annual level since ...
After complaints, Trump administration says no new Florida offshore drilling
The Trump administration said Tuesday it would withdraw Florida from consideration for potential new offshore oil drilling following criticism from Republican Gov. Rick Scott. After meeting with Scott on Tuesday, Interior Secretary Ryan Zinke said Florida offshore drilling was now "off the table," according to the Associated Press. Last week, Zinke said nearly all offshore areas on the Pacific and Atlantic coasts would be opened up to potential oil and gas leases. But offshore drilling is deeply unpopular in coastal states because of the risk of environmental catastrophe. On Monday, Maine's senators voiced opposition to potential drilling off their state, and California's lawmakers have vowed to fight the Trump administration's plan. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Oil dips away from 2015 highs as doubts over rally emerge
SINGAPORE (Reuters) - Oil prices fell on Friday, dropping away from highs last seen in 2015, as soaring production in the United States undermined the 10 percent rally from lows hit in December that was driven by tightening supply and political tensions in OPEC member Iran.
Oil at highest in two-and-a-half years on Iran tensions, strong demand
Oil prices rose about 2 percent on Wednesday to the highest in 2-1/2 years, with buying spurred by a sixth day of unrest in OPEC member Iran and strong economic data from the United States and Germany. U.S. West Texas Intermediate crude futures settled at $61.63 a barrel, up $1.26, or 2.1 percent.
Petrobras to pay $2.95 billion to settle U.S. corruption lawsuit
NEW YORK (Reuters) - Brazil's state-controlled oil company Petroleo Brasileiro SA on Wednesday agreed to pay $2.95 billion to settle a U.S. class action corruption lawsuit, in what was said to be the biggest such payout in the United States by a foreign entity.
UPDATE 4-Petrobras to pay $2.95 bln to settle U.S. corruption lawsuit
NEW YORK, Jan 3 (Reuters) - Brazil's state-controlled oil
company Petroleo Brasileiro SA on Wednesday agreed to
pay $2.95 billion to settle a U.S. class action corruption
lawsuit, in what was said to be the biggest such payout in the
United States by a foreign entity.
Petrobras agrees to pay $2.95B to settle case in the US
Brazil's state-run oil giant Petrobras has agreed to pay $2.95 billion to settle lawsuits in the United States over the sprawling corruption scandal that has ensnared dozens of officials and business executives across Latin America.
Oil prices stay near high on strong U.S. refinery runs, China data
NEW YORK (Reuters) - Oil prices dipped on Thursday but stayed close to their highest in 2-1/2 years, as data showed strong demand for crude imports in China and on increased refining activity in the United States that drew more crude from inventories.
Activist investor files Chevron proxy resolution on Myanmar rights concerns
HOUSTON, Dec 18 (Reuters) - An activist investor in Chevron
Corp said on Monday it filed a shareholder resolution
that would require the oil producer to report on the feasibility
of ending operations in Myanmar, where a crackdown on minority
Rohingya Muslims has been decried by the United States as
Oil prices rise on North Sea pipeline outage, but growing US output looms
SINGAPORE (Reuters) - Oil prices moved up on Friday, lifted by the Forties pipeline outage in the North Sea and ongoing OPEC-led production cuts, although rising output from the United States kept a lid on markets.
Oil prices stable on tighter market, but rising US output looms for 2018
Oil markets were stable on Friday as the Forties pipeline outage in the North Sea and ongoing OPEC-led production cuts supported prices, while rising output from the United States kept crude from rising further.
Oil stable on tighter market, but rising US output looms for 2018
* OPEC-led supply cuts, Forties pipeline outage support crude. By Henning Gloystein. Oil markets were stable on Friday as the Forties pipeline outage in the North Sea and the ongoing OPEC-led production cuts supported prices, while rising output from the United States kept crude from rising further.
BRIEF-Oil States To Acquire GEODynamics
Oil States International Inc(OIS): * OIL STATES TO ACQUIRE GEODYNAMICS. * Oil States International Inc(OIS) - TOTAL TRANSACTION CONSIDERATION OF $525 MILLION CONSISTS OF A COMBINATION OF $300 MILLION OF CASH AT DEAL CLOSING. * Oil States International Inc (OIS) - TRANSACTION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE.
Oil dips on rising U.S. fuel stocks, but OPEC's supply cuts support market
Oil prices dipped on Wednesday, as refined product inventories in the United States rose in what the market interpreted as a sign of lackluster demand.
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