Iran’s revival as a crude-oil exporter appears to have stalled, seven months after Western sanctions over its nuclear program were lifted, casting uncertainty over the country’s willingness to cooperate with Continue Reading
In the past two weeks, Iran has rejoined the OPEC production freeze headline and jawboning fray, by making bold statements that it would be willing to work with OPEC on Continue Reading
Saudi-Yemen war Yemeni Shiite Houthi rebels have reportedly fired missiles targeting Saudi Aramco, allegedly damaging the oil giant’s facilities in southwestern Saudi Arabia on Friday, according to local Houthi-affiliated media Continue Reading
Yemen’s Saba said missile caused extensive damage at Aramco Saudi says projectile caused fire at a power relay facility Saudi Arabia’s state-run oil company said all of its oil, gas Continue Reading
Analysts and industry sources are skeptical that the peace agreement announced this week between the Colombian government and a rebel group with which it has been at war for a Continue Reading
Environmental and tribal groups protesting an oil pipeline from North Dakota said in a letter to the White House it poses a threat to their existence. Tribal groups are suing Continue Reading
Oil prices are mired in their worst slump in decades, but you wouldn’t know it in West Texas, where a land grab has energized an otherwise dormant market and sent Continue Reading
The US economy grew at a slightly slower rate than initially forecast in the second quarter, underscoring a weak performance in the first half of 2016. The economy expanded at Continue Reading
Oil rigs Friday’s Baker Hughes report heralded the end of eight straight weeks of U.S. oil rig gains, which boasted a net change of zero, hopefully subduing, even if just Continue Reading
The US Department of Transportation’s (DOT’s) National Highway Traffic Safety Administration (NHTSA) and Federal Motor Carrier Safety Administration (FMCSA) are proposing equipping heavy-duty vehicles with devices that limit their speeds Continue Reading
