Japanese authorities said they found on-road emissions were much higher than in laboratory tests of certain diesel-powered vehicles made by Toyota Motor Corp., Nissan Motor Co. and Mitsubishi Motors Corp. Continue Reading
The Asian gasoline market is swamped in supply, because refineries are running at maximum rates to take advantage of positive margins while demand has not kept up. “Demand is pretty Continue Reading
Prices will rebound in 2H to $40-$50 a barrel, with volatility Russia and Saudi Arabia’s agreement to cap oil output will help bring the market back into balance and trigger Continue Reading
Oil price weakness is finally catching up with Texas oil producers and contraction is now expected throughout 2016, an industry economist said. Oil field services company Baker Hughes estimates 305 Continue Reading
The Supreme Court on Thursday denied a long-shot request by states seeking to block an environmental regulation cutting mercury pollution from power plants, a boost for the Obama administration. A Continue Reading
Although it isn’t a liquid, “drop in the bucket” is an apt description of energy traders’ reaction to a mildly encouraging bit of news about natural gas. Underground storage of Continue Reading
The price of regular unleaded gas is pictured at 3.79 U.S. Dollar per gallon (3.7 Liter) at a 76 gas station in Los Angeles, California February 4, 2016. As U.S. Continue Reading
The actions that resulted in former Chesapeake Energy Corp. chief Aubrey McClendon’s indictment aren’t uncommon across the shale patch, lawyers and analysts said. McClendon was charged Tuesday with allegedly violating Continue Reading
Exxon Mobil Corp. has become the first major U.S. oil company to ship American crude overseas, joining a band of independent traders that are trying to ease a glut at Continue Reading
The U.S. Justice Department moved to dismiss an indictment against Aubrey McClendon a day after the shale-drilling pioneer died in a fiery car crash , casting uncertainty over a broader Continue Reading
