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Oil Investment News

Oil Rises the Most in Six Weeks on Weaker Dollar, Equity Gain

Bloomberg - Mark Shenk -
Oil climbed as much as 3.8 percent as the US currency's drop encouraged the purchase of alternative investments. Stocks rose after US retail sales increased ...
 
 

Repsol Cuts 5-Year E&P Spending to 8.8 Billion Euros

Bloomberg - Joao Lima -
16 (Bloomberg) -- Repsol YPF SA, Spain's biggest oil company, cut its five-year exploration and production investment plan to reduce costs as the economic ...
Bloomberg

Devon Energy's Asset Sale May Draw China's Interest

New York Times -
Devon Energy, the independent oil and gas firm, surprised many on Monday by announcing its plans to divest all of its offshore and international energy ...

UPDATE 1-UAE's Aabar says mulling Daimler stake increase

Reuters - Amran Abocar, Inal Ersan -
[ID;nFAB015327] IPIC is one of the investment vehicles used by the Abu Dhabi government to invest oil income. Abu Dhabi pumps most of the oil produced by ...

Pyramid Oil Company Reports Third Quarter Financial Results

CNNMoney.com (press release) -
At September 30, we had $4602000 in cash, cash equivalents and short-term investments, and a working capital position of $4947000. ...

Sovereign fund assets to hit $8trln by 2015-report

Reuters - Natsuko Waki, Andy Bruce -
Their total assets shrank during the credit crisis given their large investments in the Western financial sector, but recovering global economy and resource ...

Gas Prices Creeping Upward

Main Street Business Journal 
This high mark for oil is a result of traders protecting their investments against the lower value of the dollar by purchasing oil and other commodities. ...

OPEC Sad To Hear Richer Nations Call To Cut Oil Imports

Wall Street Journal -
OPEC was seeking more transparency in consumers' policy making, he said, adding that ongoing investments in oil production capacity would be needed to ...

OIL SCENE: Of oil reserves, fudged data and World Energy Outlook '09

Trading Markets (press release) -
As per the OPEC World Oil Outlook 2009, up to 2030, the cumulative upstream investments requirements were estimated to be around the colossal sum of $2.3 ...
Energy agency gives warning The Durango Herald
Living in uncertain times Peninsula On-line

Mutual interests bind Chinese, US economies

Los Angeles Times - Michael Hiltzik -
Since then, political heat over Chinese investments in the US has waxed and waned in accordance with the nature of the investment. ...
 
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