http://www.ft.com/cms/s/0/20758ab8-f7c6-11e4-8bd5-00144feab7de.html#ixzz3Zr7y9noy EM SQUARED May 11, 2015 1:32 pm Saudi Arabia will stick to non-intervention as oil prices rise Dan Bogler Next month’s Opec meeting likely to leave current output quotas in place while it lets market work ©AFP As oil prices halved last year, investors and traders kept expecting Saudi Arabia to intervene. It took... Continue Reading →

OPEC Sees Oil Price Below $100 a Barrel in the Next Decade Pessimistic Assessment May Mean That the Oil Cartel Returns to Production Quotas By BENOÎT FAUCON and SUMMER SAID/WSJ May 11, 2015 8:23 a.m. ET VIENNA—The Organization of the Petroleum Exporting Countries doesn’t see oil prices consistently trading at $100 barrel again in the next... Continue Reading →

Noble Buys Rosetta for $2.1 Billion to Gain Texas Shale By James Polson/Bloomberg 7:38 AM BRT May 11, 2015 A file photograph shows Charles Davidson, chairman and chief executive officer of Noble Energy Inc. Photographer: F. Carter Smith/Bloomberg Noble Energy Inc. agreed to acquire Rosetta Resources Inc. for $2.1 billion in stock, giving the natural... Continue Reading →

Statoil Scouts for Deals Yet to Become ‘Cheap’ After Oil Slump By Francine Lacqua Mikael Holter/Bloomberg 4:00 AM BRT May 11, 2015 Statoil Says North Sea Finds Linked in ‘Giant’ Oil Discovery Heidi Wideroe/Bloomberg Statoil ASA, Norway’s biggest oil company, is keeping a close watch of acquisition opportunities after a crash in crude prices. “Acquiring... Continue Reading →

http://www.ft.com/cms/s/0/36dedf76-f595-11e4-a018-00144feab7de.html#ixzz3ZlKZXSE8 May 10, 2015 5:50 pm Rebound in US shale will limit oil price recovery Output from the ‘swing producer’ has changed the equilibrium ©Getty It has been one of the less widely noticed oil price surges. Since January, benchmark Brent crude has risen from less than $47 per barrel to more than $65 per barrel, an... Continue Reading →

http://www.ft.com/cms/s/0/342b3a2e-f5a7-11e4-bc6d-00144feab7de.html#ixzz3ZlIJVlGL May 10, 2015 12:52 pm China oil imports surpass those of US for first time David Sheppard in London and Gregory Meyer in New York/FT ©Reuters China overtook the US as the world’s biggest importer of crude oil in April, the culmination of a seismic shift in global energy flows over the past decade.... Continue Reading →

http://www.ft.com/cms/s/0/f3fefd0e-f589-11e4-bc6d-00144feab7de.html#ixzz3ZZZM9ZOd May 8, 2015 5:45 pm Latin America braces for higher US rates Jude Webber and Gillian Tett in Riviera Maya/FT ©AFP Luis Videgaray: Fed rate rise will create some volatility but would be 'fundamentally good news for Mexico' The days of Latin American economies basking in the glow of high commodity prices, cheap cash... Continue Reading →