National Oil Corp. in western Libya warned traders against loading “illicit” cargoes of oil at Hariga port in the eastern part of the country, while the company’s counterpart in the Continue Reading
The average price of a gallon of gasoline in the United States fell 8.2 cents in the past two weeks to its lowest level in seven years, according to a Continue Reading
The largest U.S. independent refiners are bullish on domestic gasoline demand as super-cheap fuel and the lure of bigger vehicles entice more consumers. Valero Energy Corp and Phillips 66 both Continue Reading
Pressure is mounting on Russia to break the vow of abstinence on selling Eurobonds it has maintained since the U.S. and Europe slapped sanctions on some of its biggest companies. Continue Reading
Rystad Energy , an independent oil and gas consulting services and business intelligence data firm in Oslo, Norway, has online, a wealth of information concerning upstream oil production projects and Continue Reading
What is the future of earth? As the world’s population grows, the already depleted natural resources are reduced further. As citizens of the planet, we are the only ones who Continue Reading
Oil prices ended the week lower in choppy trading on Friday, snapping two weeks of gains, as a frenzy of speculation about a possible deal between top oil producers clashed Continue Reading
Oil prices slid Friday, pressured by a stronger dollar and concerns that the oversupply of crude will persist. Gasoline futures settled below $1 a gallon for the first time since Continue Reading
Natural-gas prices surged Friday as forecasts for colder weather boosted demand expectations. Moderate temperatures have limited demand for natural gas as an indoor-heating fuel this winter, pushing the market into Continue Reading
Only weeks into what was widely anticipated to be a helter-skelter, post-sanctions rush of Western money and expertise into Iran , limits to the country’s opening are beginning to emerge Continue Reading
