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New U.S. sanctions seek to block Venezuelan oil shipments to Cuba
06.04.2019
192
New U.S. sanctions seek to block Venezuelan oil shipments to Cuba
The Trump administration announced on Friday its latest round of economic sanctions against the gove…
Key OPEC oil producer Libya is on the brink of war as general orders forces into Tripoli
05.04.2019
406
Key OPEC oil producer Libya is on the brink of war as general orders forces into Tripoli
Libya's eastern military leader has ordered his forces to march on Tripoli, sparking concerns th…
South Korea to replace Iranian condensate with U.S. superlight oil
05.04.2019
96
South Korea to replace Iranian condensate with U.S. superlight oil
Two South Korean refiners have bought an unspecified amount of U.S. superlight to test it as a poten…
Oil rally slows on surprise crude build
03.04.2019
101
Oil rally slows on surprise crude build
The American Petroleum Institute (API) reported a build in crude oil inventory of 3.0 million barrel…
Oil prices spike on shale slowdown
02.04.2019
297
Oil prices spike on shale slowdown
The collapse of oil prices late last year, along with pressure from shareholders, has led to a slowd…
Expect higher oil prices as OPEC clashes with Trump
01.04.2019
355
Expect higher oil prices as OPEC clashes with Trump
The ongoing turf war between U.S. president Donald Trump and OPEC+ where the oil market needs to be…
Big oil is heading offshore
01.04.2019
348
Big oil is heading offshore
Oil companies will this year increase their investments in offshore drilling for the first time afte…
Trump’s order to open arctic waters to oil drilling was unlawful, federal judge finds
31.03.2019
251
Trump’s order to open arctic waters to oil drilling was unlawful, federal judge finds
In a major legal blow to President Trump’s push to expand offshore oil and gas development, a…
US oil output slips in January, hits monthly record in December, new data show
30.03.2019
100
US oil output slips in January, hits monthly record in December, new data show
U.S. oil production slipped in January, but fresh data from the Department of Energy show the nation…
US crude posts its best quarter since 2009, jumping 32 percent year to date
30.03.2019
147
US crude posts its best quarter since 2009, jumping 32 percent year to date
Oil prices rose on Friday, on track for their biggest quarterly rise in a decade, as U.S. sanctions…
New Middle East alliance shakes world powers
29.03.2019
338
New Middle East alliance shakes world powers
A new bloc is emerging in the greater Middle East with the declared objectives of dominating the ent…
Oil price rally will continue into the next two quarters despite dip, experts say
28.03.2019
160
Oil price rally will continue into the next two quarters despite dip, experts say
Oil prices slipped Wednesday morning, interrupting a recent rally with news of sharply increased U.S…
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