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Power & Energy Commodity News

Why Opec is increasingly irrelevant

Source: Financial Times, 17th December 2014

Saudis have sent message that market not Opec should decide oil prices

Read the full article on FT.com

The squeeze on oil sector’s ‘supertankers’

Source: Financial Times, 16th December 2014

Energy groups are scrambling to cover reduced cash flows caused by falling prices

Read the full article on FT.com

Oil industry anticipates potential deals

Source: Financial Times, 16th December 2014

BG Group and Anadarko Petroleum seen as potential acquisition targets

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Companies cautious about oil price falls

Source: Financial Times, 16th December 2014

Hopes remain that lower crude costs will boost western economies

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Repsol agrees to buy Talisman for $8.3bn

Source: Financial Times, 16th December 2014

Acquisition is first major deal in sector since slump in oil price

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Oil: Its about Russia just as much as Shale

London, 15 December 2014

Neil Barnett, in a new blog for the Centre for Policy Studies, suggests that Saudi Arabia is just as interested in undermining the Russian economy as it is in deterring future investment of shale in the US.

Read more: Oil: Its about Russia just as much as Shale

China plans first oil futures contract

Source: Financial Times, 15th December 2014

Country aims to attract foreign investors and gain more pricing power

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Oil rallies on Libyan troubles

Source: Financial Times, 15th December 2014

Price rebound comes as Opec reiterates it will not cut production

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Low oil price could idle US stripper wells

Source: Financial Times, 14th December 2014

Small operators who drain old wells suffer as crude hits $60

Read the full article on FT.com

Low oil price could idle stripper wells

Source: Financial Times, 14th December 2014

Small US companies to consider closures as crude falls to $60 a barrel

Read the full article on FT.com