Oil

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

West Texas Intermediate crude swung between gains and losses near a six-month low before trade data that will signal the strength of the economy in

By extracting a $13 million penalty and imposing tough restrictions on future oil trading by Arcadia and others, the U.S. Commodity Futures Trading Commission

Acting on a request from the central government in Iraq, a U.S. judge has signed an order telling the U.S. Marshals Service to seize a cargo of oil from Iraqi

By Lynn Doan July 16 (Bloomberg) — A four-decade-old ban on crude exports from the U.S. will survive another year, the chairman of the U.S. House’s

Iran's main oil tanker firm NITC will struggle for some time to call at European ports, get foreign insurance and overcome obstacles under western sanctions,

The U.S. Commerce Department opened the door to more U.S. oil exports as long as the crude is lightly processed, tempering the impact of a law that’s banned

Crude oil production is up 64 percent since 2008 and currently stands at 8.2 million barrels per day, noted Daniel Yergin, Vice Chairman of IHS at a CSIS

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