Glut of Floating Crude Clears
The glut of crude oil stored in ships on the North Sea is finally starting to dissipate. Demand for the commodity has increased as traders take advantage of
The glut of crude oil stored in ships on the North Sea is finally starting to dissipate. Demand for the commodity has increased as traders take advantage of
(Bloomberg) China’s imports of crude oil, coal and natural gas slowed in July, offering no solace for producers hoping demand from the world’s largest
by Hashem Kalantari Deena Kamel (Bloomberg) Iran will start sending 300,000 barrels a day of crude to Europe, 54 percent of the total it
By Billy House and Erik Wasson (Bloomberg) — Congress passed a $1.1 trillion spending measure that averts a U.S. government shutdown and ends a 40-
by David Wethe and Saleha Mohsin (Bloomberg) – The number of jobs gutted from oil and gas companies around the world has now passed the 250,000
By Nia Williams CALGARY, Alberta, Nov 5 (Reuters) – TransCanada Corp said on Thursday it has scrapped plans to build a port in Quebec and will have only
WASHINGTON, Sept 17 (Reuters) – A bill to repeal the 40-year-old ban on U.S. oil exports easily passed the energy panel in the House of
By Mark Shenk (Bloomberg) — Oil climbed amid speculation that its drop below $50 a barrel is excessive given projections that U.S. supply will decline.
by Juan Pablo Spinetto (Bloomberg) Prumo Logistica SA, the Brazilian port developer controlled by private equity investors EIG Global Energy Partners LLC, rose
by Lynn Doan (Bloomberg) For a nation that bans most oil exports, the U.S. still finds a way to ship more abroad than at least two OPEC members. The shale
[contextly_sidebar id=”tKIDRGk6JyJchPjTJbnQHPKSp8GOZ4k4″]by Khalid Al AnsaryAnthony Dipaola (Bloomberg) Iraq, OPEC’s second-biggest oil producer,
byBen Sharples (Bloomberg) — Oil traded near $60 a barrel as companies in the U.S. reduced the number of active rigs by the slowest pace since
As a daily consumer of energy, I’ve been selfishly happy about the lower fuel prices of late. Low gas prices are good – at least that’s what
A few months after snapping up the most heavily discounted Mexican oil in 20 years, Asian refiners are discovering some of these bargains may have been
Asian stocks slipped on Tuesday as a continuing slide in crude oil prices dampened risk appetite, while the dollar nursed losses against the safe-haven
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
Oil tanker Carabobo, bringing Venezuela's first import of crude oil, arrived late on Saturday at the Jose port, where it is scheduled to unload up to 2 million
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