Saudi Arabian Oil Co., known as Saudi Aramco, has offered discounts across most crude grades for Mediterranean customers loading crude oil in March, according to its latest official selling prices, Continue Reading
A Saudi military spokesman said Thursday the kingdom is ready to send ground troops to Syria to fight Islamic State group provided coalition leaders agree during an upcoming meeting in Continue Reading
The Obama administration is struggling to find the right mix of military and diplomatic moves to stop the Islamic State in Libya, where the extremist group has taken advantage of Continue Reading
Most oil analysts and traders were intrigued when Russia’s energy minister signaled on Jan. 28 that the Kremlin wanted to discuss oil production cuts with OPEC. After all, limiting supply Continue Reading
Saudi Arabia won’t let the plunge in oil prices derail a regional agenda that includes waging war in Yemen and funding allies in Syria and Egypt, Foreign Minister Adel al-Jubeir Continue Reading
Venezuelan Oil Minister Eulogio Del Pino, on a tour of oil producers to lobby for action to prop up prices, said on Thursday he had a “good and productive” meeting Continue Reading
One of Donald Trump’s stock campaign lines is that the Iran nuclear agreement was “ terrible .” I’m beginning to wonder whether that’s true, but from the other side. Iran Continue Reading
The Obama administration is proposing a $10 per barrel tax on oil companies to fund hundreds of billions of dollars’ worth of alternative transportation efforts, part of President Barack Obama’s Continue Reading
China ’s president, Xi Jinping , has already grasped more power more quickly than his two recent predecessors, and he has shown a taste for audacious decisions and a loathing Continue Reading
Cheap crude is a double-edged sword for one of the world’s biggest markets. China’s output in 2016 will decline between 3 percent and 5 percent from last year’s record 4.3 Continue Reading
