Oil

By Serene Cheong (Bloomberg) — Citigroup Inc. joined Goldman Sachs Group Inc. in backing commodities, saying it’s the season to have faith in raw

By Teis Jensen COPENHAGEN, March 22 (Reuters) – Shipping and oil company A. P. Moller-Maersk on Wednesday reached an agreement with the Danish state that

By Anthony DiPaola and Julian Lee (Bloomberg) — Europe is poised to receive the most Iranian crude in about five years this month in a sign that the

By Osamu Tsukimori and Keith Wallis TOKYO/SINGAPORE, Jan 17 (Reuters) – Global shipping insurers have devised a way to ensure nearly full coverage for

By Mikael Holter (Bloomberg) — Cost cuts are painful, but for Norway’s oil industry making every penny count has also yielded a surprising

By Sveinung Sleire (Bloomberg) — Reducing Norway’s oil dependency and living up to campaign promises is proving a costly affair for Prime Minister Erna

Dec 14 (Reuters) – Oilfield services company John Wood Group Plc’s CFO David Kemp said on Wednesday that the company showed modest recovery in some

By Amanda Cooper LONDON, Dec 13 (Reuters) – Global oil demand will rise more strongly than expected next year, although it is too soon to assess fully

By Henry Meyer and Ilya Arkhipov (Bloomberg) — With two decades of deal-making in Russia’s vital oil industry under his belt, Rex Tillerson is Vladimir

By Mikael Holter (Bloomberg) — Norway has this year politely declined invitations from OPEC to join talks on curbing oil production. Its strategy is now

By John Kemp LONDON, Dec 5 (Reuters) – OPEC has finally agreed to cut production, but only after two years of fruitless negotiations. So what changed to

By Rakteem Katakey (Bloomberg) — Brent crude is headed for its biggest weekly gain since 2009 after OPEC approved its first supply cut in eight years,

By Nayla Razzouk, Angelina Rascouet and Golnar Motevalli (Bloomberg) — OPEC confounded its doubters and sent crude oil prices soaring by agreeing to its

By Firat Kayakiran (Bloomberg) — As OPEC discusses the deepest cuts to oil production in years, one group of people in the energy supply chain are

By Mikael Holter (Bloomberg) — Oil and gas companies in Norway cut spending forecasts for 2017, deepening what was already a record reduction in offshore

By Roslan Khasawneh KUALA LUMPUR, Nov 23 (Reuters) – Once at the heart of the global spice trade, Malacca is pumping nearly $3 billion into an ambitious

By Alex Longley (Bloomberg) — Oil companies booked tankers to store as many as 9 million barrels of crude in northwest Europe amid signs that space

By Julian Lee (Bloomberg) — Some U.S. oil policies are likely to shift significantly when Donald Trump assumes the presidency next year. While

By Amanda Cooper LONDON, Nov 10 (Reuters) – The oil market surplus may run into a third year in 2017 without an output cut from OPEC, while escalating

By Matthew Philips (Bloomberg) — On Monday, a construction crew in Alabama triggered a massive explosion when a track-hoe struck the biggest fuel