Articles Tagged "Oil Market News"

Oil Exploration Shifting to More Developed Countries for More Predictable Returns

Oil – The Wall Street Journal reported today that big companies are shifting towards more developed nations for their oil and gas exploration projects. For companies like Shell (NYSE:RDS.A) and Exxon Mobil (NYSE:XOM), higher costs and tighter regulations are balanced by the benefit of political stability, according to the Journal.

U.S. Oil Exports Could Mitigate Price Rises

Oil – Writing for Time, Bryan Walsh explored the future of oil exports from the United States in light of increasing violence in Iraq. Although he noted that it is not easy to predict the future of oil and energy, Walsh suggested that the U.S. could play an even bigger role on the global oil and energy markets in the future.