Crude Trades at Four-Year Low as OPEC Seen Resisting Supply Cuts
Brent and West Texas Intermediate crudes fell to the lowest in more than four years amid speculation that OPEC will refrain from cutting production limits at
Brent and West Texas Intermediate crudes fell to the lowest in more than four years amid speculation that OPEC will refrain from cutting production limits at
The last time that U.S. oil drillers got caught up in a price war orchestrated by Saudi Arabia, it ended badly for the
Societe Generale SA cut its U.K. natural gas price forecasts by as much as 7.3 percent as crude slumped into a bear market, helping reduce the cost of supplies
Gunvor Group Ltd. is looking to Asia for the next leg of its expansion as the company loosens the Russian ties that made it the world’s fifth-biggest oil
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
Nils Smedegaard Andersen, the chief executive officer of A.P. Moeller-Maersk A/S, says today’s oil price isn’t a problem for companies with the scope to
“The global energy system is in danger of falling short of the hopes and expectations placed upon
By Lionel Laurent and Blaise Robinson LONDON/PARIS, Nov 9 (Reuters) – Belt-tightening by big energy majors faced with plunging oil prices is battering
Saudi Arabian Oil Co. lowered the cost of its crude to the U.S., where production is the highest in three decades, deepening a selloff that sent prices to the
Everyone in the oil market should stop panicking because crude supply and demand will return to equilibrium, OPEC’s Secretary-General
High-cost energy projects globally will struggle to stay profitable if crude oil prices stay around $80 a barrel to $85 a barrel and some proposed developments
How far do oil prices need to fall to curb the investment in shale production and stem the destruction of
Despite falling oil prices, traders in recent weeks have booked just a few tankers to store cargoes at sea as higher freight costs outweigh any profit play for
West Texas Intermediate extended its rout from the lowest price in 22 months amid speculation that rising U.S. stockpiles are exacerbating a global glut
In the oil drilling and refining heartland of Texas, the debate over U.S. crude exports is no longer a fight over whether a 40-year ban should be lifted. The
To capitalize on a flood of domestic and Canadian crude into the U.S. Gulf Coast, logistics giant Kinder Morgan Energy Partners is spending more than $1.5
Iraq’s Oil Ministry has asked a U.S. judge for permission to change its legal arguments in a bid to seize $100 million in Kurdish crude waiting in a tanker
An oil tanker off the coast of Texas loaded with $100 million of disputed Iraqi Kurdish crude has pulled its anchor from the water and set sail for the first
A tanker carrying disputed Iraqi Kurdish crude oil reappeared on satellite tracking on Monday near Texas, days after having gone silent with a $100 million
A tanker carrying 1 million barrels of disputed Kurdish oil remains off Texas, according to the vessel’s
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