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

By Liam Denning (Bloomberg Opinion) — If ever a year needed a shot of glass-half-full attitude, it’s 2020. I got it recently from an oil

By Sharon Cho, Elizabeth Low and Ann Koh (Bloomberg) –China’s biggest refiner is eyeing a creative strategy to help rid Asia of a persistent diesel

By Andres Guerra Luz By Andres Guerra Luz (Bloomberg) –Oil pared its weekly gain as a resurgent pandemic raised the risk of further demand destruction,

By Jennifer Hiller, Arathy S Nair and Shariq Khan Oct 30 (Reuters) – U.S. oil majors Chevron Corp and Exxon Mobil Corp cut spending aggressively in the

By Kevin Crowley (Bloomberg) –Chevron Corp. posted a surprise profit as the oil supermajor slashed capital spending to cope with the pandemic-driven

By Kevin Crowley (Bloomberg) –Exxon Mobil Corp. will slash its global workforce by 15% by the end of 2022, an unprecedented culling by North America’s

By Jennifer Hiller Oct 29 (Reuters) – Exxon Mobil Corp was once the largest U.S. publicly traded company in the United States. Now, the oil major is not

By David Gaffen Oct 15 (Reuters) – U.S. crude stockpiles fell sharply last week, as offshore oil production was shut due to Hurricane Delta, while