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“Michael” caused over $16 billion worth of damage

    “Michael” caused over $16 billion worth of damage

According to a reputable agency Bloomberg, the hurricane approaching the States from the Gulf of Mexico could be the most powerful in 14 years. According to preliminary estimates, it can

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Michael helped oil rise to $ 84.3 per barrel

    Michael helped oil rise to $ 84.3 per barrel

The hurricane contributed to the price rise for black gold. Because of it, it’s possible to decline oil production in the Gulf of Mexico. During the bidding process in London,

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Brent is getting closer to $ 80 per barrel

    Brent is getting closer to $ 80 per barrel

Oil continues to rise after the recent growth. The possible production drop in America is its reason. In London, Brent futures for November have grown by more than a third

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BP elected a new Chairman, Board of Directors

    BP elected a new Chairman, Board of Directors

Helge Lund, a former chief executive of the Norwegian company Statoil will become a new Chairman, Board of Directors in the British transnational oil and gas company British Petroleum. This

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Storm Nate scared the American oil industry workers

  Storm Nate scared the American oil industry workers

Today there have been reports of the evacuation of the employees of Exxon Mobil Corp. and Chevron Corp. from the

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