Three energy companies, U.S.-based Chevron Corp. and Devon Energy, and Norway's Statoil, announced Tuesday that they had successfully drilled for oil in the Gulf of Mexico's deep waters, suggesting there may be more oil in the region that already provides a quarter of U.S. output.
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Oil: Now Rise, Then Minimise
World crude oil prices ended mixed on Tuesday
World crude oil prices ended mixed on Tuesday on oil companies' successfully drill tests in Gulf of Mexico.
New York's main contract, light sweet crude for delivery in October, fell 59 cents at 68.60 dollars per barrel.
In London, Brent North Sea crude for October delivery rose 38 cents at 68.09 dollars per barrel.
Three energy companies, U.S.-based Chevron Corp. and Devon Energy, and Norway's Statoil, announced Tuesday that they had successfully drilled for oil in the Gulf of Mexico's deep waters, suggesting there may be more oil in the region that already provides a quarter of U.S. output.
Three energy companies, U.S.-based Chevron Corp. and Devon Energy, and Norway's Statoil, announced Tuesday that they had successfully drilled for oil in the Gulf of Mexico's deep waters, suggesting there may be more oil in the region that already provides a quarter of U.S. output.
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