Investors in junk-rated energy bonds, who have made a mint this year betting on this battered sector, are paring their holdings as oil flirts with sub-$40-a-barrel levels on concerns about Continue Reading
Both global benchmarks seen rising as supply glut eases U.S. producers would be biggest winners on price rebound Oil closed in a bear market Monday, but don’t abandon hope. Analysts Continue Reading
Summer driving season: it’s the season to be traveling, what with long weekends, annual leaves and short getaways from the banalities of everyday life at the office. The summer season Continue Reading
U.S. crude oil inventory data for the week just released by the American Petroleum Institute ( API ) shows a 1.3 million-barrel draw in line with consensus forecasts, making this Continue Reading
A girl stands beside a laundry line in a poor neighborhood overlooking Cabinda, a heavily guarded territory that accounts for half of Angola’s oil output. (Nichole Sobecki/For The Washington Post) Continue Reading
U.S. airstrikes targeted Islamic State positions in the Libyan city of Sirte for the second straight day on Aug. 2, the press office of Libya’s Government of National Accord (GNA) Continue Reading
Nigeria loses 70,000 barrels a day as rebels target pipelines Total OPEC output rises as group adds 14th member Gabon OPEC’s crude oil output was disrupted in July by militant Continue Reading
Attack affects about 6 percent of the country’s crude output Repairs on pipeline may be concluded by tomorrow: union Colombia, South America’s third-largest oil exporter, shut in production in at Continue Reading
A U.S. appeals court on Tuesday upheld a decision confirming a $465 million judgment won through arbitration by a unit of KBR Inc in a contract dispute with Mexico’s national Continue Reading
Fifth storm of year prompts warnings across Caribbean Earl could make its way to the oil-rich Bay of Campeche Tropical Storm Earl, the fifth of 2016, may be near hurricane Continue Reading
