Crude oil futures fell slightly in quiet trading on Monday, after a three-day Easter break, as investors digested a third consecutive weekly gain in prices along with North Korea’s failed Continue Reading
Money managers’ WTI net-longs increase for second week: CFTC WTI oil tops $53 a barrel; U.S. crude supply drops from record OPEC is finally making some headway in its race Continue Reading
Most oil producers support an extension of output cuts by OPEC and non-OPEC countries, and Iran would also back such a move, Iranian Oil Minister Bijan Zanganeh was quoted as Continue Reading
China’s steel output rose 1.8 percent in March to a monthly record of 72 million tonnes, stoking worries of a glut that continues to grow even as Beijing tries to Continue Reading
China’s economy has started 2017 with its strongest quarterly performance in 18 months, on the back of a surge in industrial activity, property investment and credit growth. The country’s gross Continue Reading
China’s raw coal production in March increased 1.9% year on year to 300 million mt, the first rise since February 2015, the National Bureau of Statistics said Monday. First-quarter raw Continue Reading
Investors who took a hit last year when dozens of U.S. shale producers filed for bankruptcy are already making big new bets on the industry’s resurgence. In the first quarter, Continue Reading
Two leaks found from well in Prudhoe Bay on Friday morning Volume of the leak is undetermined, cause still unknown A well operated by BP Exploration Alaska Inc. on Alaska’s Continue Reading
The hulking Gallatin Fossil Plant sits on a scenic bend of the Cumberland River about 30 miles upstream from Nashville. In addition to generating electricity, the plant, built in the Continue Reading
Oil prices have rallied back into the mid $50’s on a bout of bullish data, but a rising rig count and elevated production in the Gulf of Mexico could cap Continue Reading
