Oil prices slipped on Friday as concerns over the impact of a global trade war depressed sentiment, although impending U.S. sanctions on Iran and falling Venezuelan output limited losses. Benchmark Continue Reading
The U.S. Energy Information Administration said Wednesday that U.S. crude inventories had come down by 2.6 million barrels last week, ahead of the one million barrel decline predicted by analysts Continue Reading
Oil prices rose on Thursday to the highest in more than a month, extending gains on growing evidence of disruptions to crude supply from Iran and Venezuela and after a Continue Reading
An overhang of homeless crude in the Atlantic Basin has halved in recent weeks, suggesting oil traders are bracing for a further supply loss from Iran due to U.S. sanctions Continue Reading
A few months from now, the U.S. will enter the winter heating season with natural gas inventories at their lowest level in years, setting the stage for pricing risks, particularly Continue Reading
Rigzone highlights different forecasts for Brent Crude in 2019. The average price of Brent Crude will be between $70 and $80 per barrel in 2019, according to a new Rigzone Continue Reading
Iran has remained within the main restrictions on its nuclear activities imposed by a 2015 deal with major powers, a confidential report by the U.N. atomic watchdog indicated on Thursday. Continue Reading
OPEC and non-OPEC oil producers will aim to formalize their long-term cooperation later this year by approving a charter that will make possible further joint action on output, according to Continue Reading
OPEC and its allies on Thursday vowed to review the monitoring mechanisms of its output agreement at the Joint Ministerial Monitoring Committee meeting in Algiers on September 23 but said Continue Reading
S&P Global Platts today cited a Japanese government official as saying it was not giving up the fight for a sanction waiver on the grounds that it would cause grave Continue Reading
