Oil

June 11 (Bloomberg) — China is hoarding crude at the fastest pace in at least a decade, shielding itself from supply disruptions and helping keep prices

By Raheem Salman BAGHDAD, June 1 (Reuters) – Oil exports from Iraq rose by 8 percent in May and a new floating terminal was inaugurated that will expand

The U.S. Energy Information Association reports today crude oil exports from the U.S. reached 246,000 barrels per day (bbl/d) of crude oil in March 2014

By Heesu Lee May 29 (Bloomberg) — The U.S. will benefit from increased oil production and lower gasoline prices if the government lifts restrictions on

1) US refiners are slowing down? Not exactly. In a Reuters report today, Valero was quoted in late April as saying, “it had reduced operations at two

By Valerie Volcovici WASHINGTON, May 23 (Reuters) – Recent meetings between U.S. oil producers and Commerce Department officials have fueled industry

By Mark Shenk May 21 (Bloomberg) — U.S. crude imports dropped to a 17- year low last week as the shale boom bolstered output, moving the nation closer to

Statoil CEO Helge Lund discusses global oil and gas trends as well as his company’s response to recent geopolitical issues in this interview produced by

By Adam Williams May 12 (Bloomberg) — Chevron Corp., the world’s third- largest energy company by market value, will seek additional partnerships with

May 12 (Bloomberg) — The expansion in stockpiles of U.S. gasoline as refineries returned from maintenance and imports accelerated spurred speculators to

Saudi Oil Minister Ali al-Naimi said on Monday the world's top oil exporter was willing to supply markets with more crude if rising tensions between Russia and

On its face, Mexico’s plan may seem conservative. But it will be easy for the nation's notoriously corrupt politicians to exploit. Here’s a better idea:

By Christine Harvey May 2 (Bloomberg) — Suncor Energy Inc. and Valero Energy Corp. are poised to use only North American crude in eastern Canada by 2015,

Rather than impose broad economic sanctions on Russia for their invasion of Ukraine and the annexation of Crimea, the U.S. Government is targeting individuals

The U.S. is stockpiling the most crude since the Great Depression, thanks to the shale boom that has boosted production to the most in 26

Hassan Khosrojerdi, The head of Iran’s Oil, Gas and Petrochemical Products Exporters Union unveiled on Sunday Iran’s intentions to construct six oil

Houston and the rest of the U.S. Gulf Coast have more crude oil than the region can

By Ahmed Elumami TRIPOLI, April 7 (Reuters) – Libya’s Zueitina oil port prepared on Monday to load crude on tankers after the government reached a

By Maher Chmaytelli April 1 (Bloomberg) — The Libyan government may be willing to accept an interim deal that would allow oil ports to reopen without

Libya will release the crew of a tanker that loaded oil at a rebel-held port and was stopped by the U.S. navy off Cyprus, its state prosecutor said on