Oil

CAIRO, July 14 (Reuters) – Kuwait Petroleum Corporation (KPC) said on Sunday it had made a “giant” oil discovery in the

Growth in the global demand for oil is projected to experience a significant slowdown in the coming years before stalling out this decade amid the transition

By Elina Ganatra (Bloomberg) — Oil tanker tycoons are enjoying a surge in revenue as the sanctions triggered by Russia’s war are redrawing the global

By Marianna Parraga June 17 (Reuters) – A 650,000-barrel-cargo of Venezuela’s oil chartered by Italy’s Eni ENI.MI is

By Rowena Edwards, Angeliki Koutantou and Ahmad Ghaddar LONDON/ATHENS, May 18 (Reuters) – Russian fuel oil arrivals offshore Greece

By Shadia Nasralla LONDON, May 17 (Reuters) – Sea-borne oil has thrown a lifeline to refiners in eastern Germany and Poland, with non-Russian

By Devika Krishna Kumar and Sheela Tobben (Bloomberg) — Oil rose to settle at its highest in three days in a volatile session as a series of challenges

By Ron Bousso and Dmitry Zhdannikov (Reuters) – BP is abandoning its stake in Russian oil giant Rosneft in an abrupt and costly end to three decades of

By Fiona MacDonald (Bloomberg) –Trying to catch a bus at the Maliya station in Kuwait City can be unbearable in the summer. About two-thirds of the

DUBAI, Oct 24 (Reuters) – Sudan decided to halt the entry of vessels carrying fuel into its territorial waters to avoid incurring fines due to delays in

KHARTOUM (Reuters) – A three-week blockade of Sudan’s main port by tribal protesters is causing shortages of wheat and fuel oil for power

By Sharon Cho (Bloomberg) Oil rose to hits highest level in just under six weeks as investors tracked the slow restoration of supplies in the Gulf of Mexico

By Amy Stillman (Bloomberg)–Petroleos Mexicanos fought tooth and nail to wrest control of the country’s biggest private oil find from the

By Trevor Hunnicutt Aug 11 (Reuters) – U.S. President Joe Biden’s top aides are pressuring OPEC and its allies to boost oil output to

By William Mathis (Bloomberg) — The world’s largest oil companies are bidding up prices for renewable energy projects, squeezing profits from wind and

By Jonathan Saul and Laura Sanicola LONDON/NEW YORK, March 16 (Reuters) – U.S. refiners are scaling back on hiring ships for longer periods to save on

By Andres Guerra Luz and Saket Sundria (Bloomberg) — Initial steps taken by U.S. President Joe Biden’s administration may help support the oil market

By Alex Longley (Bloomberg) — Saudi Arabia’s oil production cuts have hit the tanker market so hard that owners of the biggest vessels are effectively

By Andres Guerra Luz (Bloomberg) — Oil posted the biggest weekly gain since late September as Saudi Arabia’s plan to slice output spurred a surge in

By Andres Guerra Luz (Bloomberg) — Oil surpassed $50 a barrel as Saudi Arabia pledged to voluntarily cut output by an extra 1 million