Economics News

 

Oil Prices Rise on Specter of Europe Energy Rationing

Sep 08, 2022

Oil prices climbed on Thursday, paring some of their steep losses in the previous session, as the potential for an energy standoff between European nations and Russia overshadowed fears of recession and rising inflation.Brent crude futures LCoc1 rose by 25 cents or 0.3% to $88.25 per barrel by 0033 GMT after closing at their lowest since early February in the previous session. U.S. crude futures CLc1 were up 40 cents…

Current News

IKM Aconan to Deliver Drilling, Well Services for Vår Energi

IKM Aconan to Deliver Drilling

Unity Wins North Sea Decom Contracts, Expands Overseas

Unity Wins North Sea Decom Con

Denmark Receives Offshore Wind Bids as Tender Scheme Rebounds

Denmark Receives Offshore Wind

Borr Drilling’s First Quarter Profit Takes Hit as Odin Rig Start-Up Lags

Borr Drilling’s First Quarter

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine