Venezuelan officials jailed a second opposition figure Thursday as tensions mounted in the economically struggling South American country. Officials re-arrested former Gen. Raul Baduel, saying he had been conspiring to Continue Reading
China imported 26.84 million mt of coal in December, including lignite, thermal and metallurgical material, down 0.5% from November but up 52.2% year on year, according to preliminary data released Continue Reading
U.S. regulators accused Fiat Chrysler Automobiles NV of using software on its diesel-powered Jeeps Cherokees and Ram pickups that allowed them to spew illegal amounts of pollution into the air, Continue Reading
New York City’s major source of electricity for more than four decades could be taken offline in the next few years, a major victory for the state’s governor, who has Continue Reading
Russia has begun cutting oil production in line with the OPEC agreement, Russian Energy Minister Alexander Novak told reporters in Moscow on Thursday. Novak declined to estimate how much January Continue Reading
Some people would argue that 2016 was the year that the world economy started to come apart, with the passage of Brexit and the election of Donald Trump. Whether or Continue Reading
HSBC produced an interesting report on oil production decline rates and their implications for the long-term oil supply outlook – Global oil supply: Will mature field declines drive the next Continue Reading
Oil held gains after advancing the most in almost six weeks as U.S. refiners processed a record amount of crude, while OPEC and other producing nations trim output to stabilize Continue Reading
Amid growing bearish sentiment towards oil prices, the Energy Information Administration reported a build of 4.1 million barrels in crude oil inventories for the week to January 6, a day Continue Reading
Oil advanced from the lowest level in a month as investors weighed production cuts from Saudi Arabia and other OPEC members against a projected gain in U.S. crude output. Futures Continue Reading
