Royal Dutch Shell to sell assets to Chrysaor

Royal Dutch Shell to sell assets in the UK North Sea worth $3.8bn to Chrysaor, a small UK company.

Oil prices could drop to $20 in 2016

This is according to an OPEC minister.

OPEC Sees Demand for Its Crude Oil Falling for Rest of Decade

OPEC said demand for its crude will slide to 2020, though less steeply than previously expected, as rival supplies continue to grow.



http://www.bloomberg.com/news/articles/2015-12-23/opec-sees-demand-for-its-crude-oil-falling-for-rest-of-decade

Crude oil and commodity prices 24 December 2016
http://www.oil-price.net/

US oil settles $38.10 a barrel, posts 9% weekly gain
http://www.cnbc.com/2015/12/23/

Oil prices bolstered by Chinese refinery demand

Demand by Chinese refinery demands bolstered crude oil prices this week with gains of up to 8%. Nymex August West Texas Intermediate closed at $63.56 a barrel and ICE September Brent at $65.38 a barrel.

7-month high for oil prices

Oil prices finished at a 7 month high yesterday. Nymex July West Texas Intermediate closed at $66.31and ICE July Brent at $65.52.