Oil prices held steady in early Asian trade on Friday as the market waited to see whether major oil producers would extend supply cuts beyond March at a meeting in Vienna later in the day. U.S. West Texas Intermediate (WTI) crude futures were up 7 cents, or 0.14 percent, at $50.62 per barrel. The Organization of the Petroleum Exporting Countries (OPEC) and other producers are set to meet in Vienna at 0800 GMT on Friday to discuss a possible extension of an oil supply cut deal to prop up prices.
The North Sea oil industry has seen a surge of investments due in part to significant drilling cost reductions
Categories: Fundamental Analysis Yahoo FinanceClick here to see latest analysis Capitalcube gives Kinder Morgan, Inc. a score of 53. Our analysis is based on comparing Kinder Morgan, Inc. with the following peers – Enterprise Products Partners L.P., Spectra Energy Partners, LP, Southcross Energy Partners, L.P., American Midstream Partners, LP and Exxon Mobil Corporation (EPD-US, SEP-US, SXE-US, AMID-US and XOM-US). ... Read more (Read more...)