WTI Falls as Investors Weigh OPEC Decisions

crude oil terminal tanker

-+*West Texas Intermediate crude fell for a second day as investors weighed the likelihood of a production cut by OPEC when the group meets next week amid signs of weakening global demand.

Oil Services Firms Squeezed Hard as Energy Majors Reduce Capital Spend

oil price sinking crude falling

-+*By Lionel Laurent and Blaise Robinson LONDON/PARIS, Nov 9 (Reuters) – Belt-tightening by big energy majors faced with plunging oil prices is battering the finances and share prices of their suppliers, as investors reassess the sector’s ability to keep gushing cash. A growing list of delayed or cancelled projects, seen by some investors as a […]

Tanker Carrying Disputed Oil On the Move Off Texas

United Kalavrvta

-+*An oil tanker off the coast of Texas loaded with $100 million of disputed Iraqi Kurdish crude has pulled its anchor from the water and set sail for the first time since entering the Gulf of Mexico in July, satellite tracking showed on Wednesday.

Kurdish Oil Tanker Reappears Off Texas Still Full of Oil

United Kalavrvta

-+*A tanker carrying disputed Iraqi Kurdish crude oil reappeared on satellite tracking on Monday near Texas, days after having gone silent with a $100 million cargo, but the latest vessel data showed it had not offloaded at sea.