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Death of Total CEO: Reactions from oil industry, French leaders

France’s politicians and oil-industry leaders offered their condolences after the death of Christophe de Margerie, 63, chief executive officer of Total SA, the nation’s largest oil company.  More »

Ukraine fighting batters truce before gas talks begin

Talks aimed at ensuring Russian natural gas deliveries to Ukraine this winter are being held with the European Union in Brussels today as fighting continues.  More »

Oil at $80 a barrel muffles forecasts for U.S. shale boom

The bear market in oil has analysts reassessing the U.S. shale boom after five years of historic growth.  More »

WTI crude oil seen supported near $75 a barrel

Prices have tumbled more 20 percent from their June peak, meeting a common definition of a bear market.  More »

Oil rout goes unnoticed in Eagle Ford shale

U.S. benchmark West Texas Intermediate oil has dropped 24 percent from its June high, but oil workers in the Eagle Ford shale can’t help but feel optimistic.  More »

Hedge funds cut bullish bets on crude as prices tumble

Crude is now trading in a bear market, underpinned by speculation that OPEC members are favoring market share over prices.  More »

India PM uses oil price slump to ease curbs deterring Chevron

India’s recently elected prime minister, Narendra Modi, has made energy security his priority.  More »

Tesoro Logistics buying QEP’s gas processing business

Tesoro Logistics LP agreed to buy QEP Resources natural-gas gathering and processing business for $2.5 billion in cash to expand in the Rocky Mountain region and North Dakota.  More »

Oil rigs slump by most in two months after prices slide

Rigs targeting oil in the U.S. fell by the most in two months as producers curbed drilling following the biggest price rout since 2012.  More »

Brent oil and West Texas crude rise

WTI for November delivery gained 5 cents to $82.75 a barrel on the New York Mercantile Exchange. The futures are down 3.6 percent this week and 16 percent in 2014.  More »

Pacific Rubiales signs pact with Pemex for Mexican foray

Pacific Rubiales Energy Corp. signed an agreement with Petroleos Mexicanos to study oil and natural gas ventures as Mexico opens up its energy industries to private investment for the first time in 76 years.  More »

Oil tankers to China jump to nine-month high amid crude rout

The number of supertankers sailing toward China’s ports surged to a nine-month high amid speculation an oil-price slump is encouraging the world’s second-biggest crude importer to accelerate purchases.  More »
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