Foreign ministers from Egypt, Saudi Arabia, the United Arab Emirates and Bahrain released statements following a meeting in Cairo on Wednesday, after the latest deadline they had set to Qatar Continue Reading
While it is cutting more than required in the OPEC deal, Saudi Arabia is not ceding its grip on its biggest Asian market—Japan—and is raising market share by selling more Continue Reading
Syria’s army is advancing against ISIS militants in the central Homs province, and has encircled terrorists in the al-Hael oil field near the ancient city of Palmyra, Syrian state news Continue Reading
Iraq’s most powerful political parties have agreed to delay provincial elections and hold them along with national parliamentary elections next spring. The government has not officially announced the postponement of Continue Reading
Opposition lawmaker Luis Stefanelli (L) gestures next to fellow opposition lawmaker Leonardo Regnault after a group of government supporters burst into Venezuela’s opposition-controlled National Assembly during a session, in Caracas, Continue Reading
Snaking across the forests, swamps and permafrost of eastern Siberia, Gazprom’s 3,000km-long pipeline is inching its way to the Chinese border to seal a $400bn gas pact that will bind Continue Reading
We’re watching a tropical disturbance in the Atlantic this week, which could become the season’s fourth tropical storm if it strengthens. If so, it would acquire the name Don. It Continue Reading
The American Petroleum Institute (API) handed oil markets a sliver of hope this afternoon by reporting a sizeable draw of 5.764 million barrels in United States crude oil inventories, compared Continue Reading
Dean Fantazzini has provided me with updates to Texas Oil and Natural Gas estimates, the data shifted about a year ago so I use the most recent 13 months of Continue Reading
In a twist that would have been unthinkable only two years ago, the oil tanker that arrives in China today may be carrying crude that left the South Texas port Continue Reading
