WILLISTON, N.D., Aug 19 (Reuters) - Oilfield service companies eager for work amid plunging crude oil prices have until the end of Wednesday to bid for a guaranteed job: plugging a North Dakota well abandoned by a producer closing up shop in the No. 2 U.S.
NEW YORK, Aug 19 (Reuters) - Mutual fund managers who believed the slump in oil prices would be short-lived have been taking it on the chin, but some are not giving up, betting that the market will bounce back and they will have the last laugh.
NEW YORK, Aug 19 (Reuters) - A U.S.
SAO PAULO, Aug 19 (Reuters) - Brazilian engineering company Camargo Correa has agreed to pay fines of more than 104 million reais ($30 million) and admit to participating in a cartel that fixed prices on contracts with state-run oil producer Petrobras , antitrust regulator Cade said on Wednesday.
MOSCOW, Aug 19 (Reuters) - Russian economic activity continued to slump in July from a year ago, official data on key measures showed on Wednesday, with tentative signs of stability bringing little cheer to investors.
As many commodities are down at the moment, it is sometimes difficult to explain that one is down more than others and why it stands out from the pack.
NEW YORK, Aug 19 (Reuters) - U.S. crude oil inventories rose and gasoline stocks fell last week as crude imports surged while refinery problems cut runs during the summer driving demand season, data from the Energy Information Administration (EIA) showed on Wednesday.
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