Oil

By Firat Kayakiran (Bloomberg) — It’s never ideal if you own a fleet of crude tankers and the world’s oil producers remove millions of

By Julian Lee (Bloomberg Opinion) — The U.S. Energy Information Administration has published its first detailed monthly oil forecast for 2020

By Firat Kayakiran (Bloomberg) — America’s shale boom could be about to spare the world’s oil tanker owners from a typical OPEC ravaging.

By Florence Tan and Chen Aizhu SINGAPORE/BEIJING, Dec 3 (Reuters) – China imported its first U.S. crude oil cargo in around two months last week,

By Eric Knecht DOHA, Dec 3 (Reuters) – Qatar said on Monday it was quitting OPEC from January to focus on its gas ambitions, taking a swipe at the

By Florence Tan and Chen Aizhu SINGAPORE/BEIJING, Oct 18 (Reuters) – An unprecedented volume of Iranian crude oil is set to arrive at China’s

By Kelly Gilblom (Bloomberg) — Within 20 years, oil use will have long since peaked, renewables and natural gas will account for about half of energy

By Bloomberg News (Bloomberg) — China’s shipowners are shunning Iran’s oil, while the OPEC producer is using its own tankers to supply top customers

By Dan Murtaugh (Bloomberg) — Investors are about to find out whether the world’s largest oil companies have learned their lesson from $80

BEIJING, Aug 15 (Reuters) – Oil major BP on Tuesday offloaded about 1 million barrels of Angolan crude from supertanker ‘Olympic Light’ to an

By Marianna Parraga and Mircely Guanipa HOUSTON/PUNTO FIJO, Aug 7 (Reuters) – Venezuela’s state-run oil company PDVSA has limited the damage from

BEIJING, Aug 2 (Reuters) – Oil major BP has started discharging about 1 million barrels of Angolan crude to a Chinese independent refiner, after holding

By Stephen Kalin and Rania El Gamal RIYADH/DUBAI, July 30 (Reuters) – Saudi Arabia announced last week it was suspending oil shipments through the

By Julian Lee (Bloomberg) — Saudi Arabia temporarily halted oil shipments via the Bab el-Mandeb Strait, a key shipping lane for crude at the southern end

By Rania El Gamal DUBAI, July 26 (Reuters) – Saudi Arabia said on Thursday it was suspending oil shipments through a strategic Red Sea lane after

By Susan Heavey and Rania El Gamal WASHINGTON/JEDDAH, Saudi Arabia, April 20 (Reuters) – U.S. President Donald Trump accused OPEC on Friday of

By Catherine Ngai NEW YORK, March 29 (Reuters) – Three firms that bought crude oil last year from U.S. emergency stockpiles raised concerns about

By Grant Smith and Anthony DiPaola (Bloomberg) — When former United Nations ambassador John Bolton becomes U.S. national security adviser next month, he

By Ann Koh, Serene Cheong and Laura Blewitt (Bloomberg) — Over the course of March, the oil tanker Nave Pyxis will slice through the Pacific Ocean as it

By Henning Gloystein SINGAPORE, Feb 9 (Reuters) – Bit by bit, the U.S. petroleum industry is turning world oil markets inside out. First, sharp drops in