Emerging markets snapped two days of losses as oil surged and investors returned to riskier assets after minutes of the Federal Reserve’s March meeting affirmed its gradual approach to raising Continue Reading
This week’s shutdown of the Keystone oil pipeline has stopped up the route for roughly a quarter of the crude flowing into the U.S. Midwest. To which the oil market Continue Reading
There is concern that World C+C may decline steeply after the peak, I believe those concerns are over blown. There is always the possibility that there could be a severe Continue Reading
An oil well at the Khabbaz field was blown up on Tuesday evening, the latest sign that Kirkuk province’s oil infrastructure remains vulnerable to attack even as militants from the Continue Reading
Fayez Serraj, center. Photographer: Mohamed Ben Khalifa/AP Photo Virtually unknown in Libya until late last year, Fayez Serraj is quickly emerging as his country’s best bet to escape five years Continue Reading
Saudi Arabia is working to create the world’s largest sovereign wealth fund so it might redirect the nation away from dependence on oil! What do the Saudi’s know? Will they Continue Reading
Venezuela’s main steelmaker Sidor has been shut down for 25 days, a union leader said on Wednesday, blaming the situation on the military officers who run the state-owned firm. Sidor Continue Reading
Venezuela’s PDVSA will discharge in the coming days its first cargo of U.S. crude bought from British BP, who along with China Oil was awarded a tender to supply the Continue Reading
China’s independent oil refineries, known as “teapots”, are gaining in market share as a slowing economy rewards their more flexible business model, piling further pressure on margins at the country’s Continue Reading
Big airlines are making waves in the oil market for the first time since prices went into a tailspin nearly two years ago, betting this may be their best chance Continue Reading
