A technician works on a helicopter component in the fabrication and assembly room of the Airbus Helicopters Canada facility in Fort Erie, Ontario, Canada. Earnings from ‘chopper’ arm fell 17% Continue Reading
Germany’s lower house of parliament, the Bundesrat, voted in October to ban the sale of cars with internal combustion engines by 2030. It is a resolution with no binding implications, Continue Reading
Nationwide crude stockpiles gain by 4.75 million barrels: API Russia prefers production freeze to cuts: Nation’s OPEC envoy Oil dropped for a third day after industry data showed U.S. crude Continue Reading
A worker walks past a drilling rig at a well pad of the Rosneft-owned Prirazlomnoye oil field outside the West Siberian city of Nefteyugansk, Russia, August 4, 2016. Oil prices Continue Reading
Natural gas storage American crude oil supplies surged upwards by 4.8 million barrels this week, almost completely offsetting last week’s 5.2-million-barrel draw, according to the American Petroleum Institute (API) report Continue Reading
Oil prices dipped early on Tuesday over disagreement within producer cartel OPEC on who should cut how much production in a planned coordinated reduction to prop up prices. International Brent Continue Reading
Rosneft office Russian Energy Minister Alexander Novak is still keeping his cards close to his chest, with the ministry reporting that he discussed with his Venezuelan counterpart, Eulogio del Pino, Continue Reading
Global oil-processing margins shrank 42% last quarter: BP data Oil majors enjoyed one of the best years for refining in 2015 The world’s biggest oil companies, supported during crude’s collapse Continue Reading
Secretary-general comments after meeting Iraqi oil minister Minister Al-Luaibi ‘optimistic’ nations can reach output deal OPEC Secretary-General Mohammed Barkindo said the 14-nation group is facing its toughest challenge as members Continue Reading
Coordinated efforts from OPEC are partially behind what would otherwise be a period of historically lower U.S. gasoline prices, market analyses find. Motor club AAA reports a national average retail Continue Reading
