Angelina Rascouet

Business, Fuel

Oil Declines as OPEC’s Supply Is Seen at Highest Level This Year

Oil ship Shawn Baldwin

Oil declined after tanker-tracker Petro-Logistics SA said OPEC’s supply in July will be the highest this year.

Angelina Rascouet | Bloomberg News
July 21, 2017
Business, Fuel

Oil Seen Stuck in $50 to $60 Range as Shale Blunts OPEC Action

Matt Nager/Bloomberg News

The world should get used to oil prices between $50 and $60 a barrel as falling costs in America’s shale fields counteract OPEC’s renewed commitment to supply management.

Javier Blas | Bloomberg News
Grant Smith | Bloomberg News
Angelina Rascouet | Bloomberg News
October 18, 2016
Business, Fuel

BP Says Technology Can Keep Oil and Gas Abundant, Affordable

Andrey Rudakov/Bloomberg News

Technology can be used to increase the world’s proven oil and gas reserves by two-thirds — almost double the amount needed to meet demand through 2050 — keeping energy supplies plentiful and affordable, according to BP.

Angelina Rascouet | Bloomberg News
November 3, 2015