Shipments in February rose 8.6% from lowest level in 5 months China’s diesel exports may be climbing further after rebounding from a five-month low as rising global crude prices make Continue Reading
The rally in the oil market came to a halt Friday after new data showed U.S. oil producers increased the number of rigs drilling for oil–by one–raising worries that the Continue Reading
Oil held near $40 a barrel after the dollar headed for a third week of losses amid signs central banks will continue to provide stimulus, and as U.S. output dropped Continue Reading
U.S. oil futures touched new highs for 2016 on Friday and were set to post gains for a fifth straight week on growing optimism that major producers would strike a Continue Reading
The International Energy Agency (IEA) is warning consumers not to let cheap oil lull them into a false sense of security amid forecasts of a price spike by 2021. In Continue Reading
Oil and gas production projects get underway in Europe, Asia, the Middle East and Africa. Production start-ups have occurred all over the globe within the first few months of this Continue Reading
Iraqi-focused energy company DNO said its full-year 2015 revenues were down sharply, though its reserve estimate from the region was up 20 percent. DNO, which focuses on reserve basins in Continue Reading
Saudi Arabia’s national oil company wants to buy more U.S. refining and chemical plants to expand its footprint in the world’s largest energy market once the break-up of its joint Continue Reading
Norwegian energy company Statoil said it was dispatching an emergency response team to Algeria following an explosion at one of its gas assets in the country. The company said its Continue Reading
Image caption Thousands of civilians have been killed or injured in the conflict The UN human rights chief has accused the Saudi-led coalition of causing twice as many civilian casualties Continue Reading
