Crude oil futures resumed their climb in the European morning session Friday, supported by expectations of the market tightening towards the end of the year, with the market also focusing Continue Reading
Oil prices rose on Friday, supported by signs that U.S. sanctions on Iran are already reducing global crude supply. Benchmark Brent crude oil LCOc1 was up 60 cents a barrel Continue Reading
Oil prices steadied on Thursday as the escalating trade war between the United States and China weighed on demand expectations a day after prices jumped on a big draw in Continue Reading
The oil market continues to stagger forward without direction, and the EIA data is offering little clarity. Just last week, the EIA reported a sharp build up in crude oil Continue Reading
Two of Iran’s biggest OPEC rivals, Saudi Arabia and Iraq, are bagging its European oil market share by cranking up production of their lookalike crude grades before the restart of Continue Reading
Saudi Arabia’s sovereign wealth fund is primed to choose international banks to lend it $11bn, filling the hole left by the delayed listing of state energy group Saudi Aramco and Continue Reading
Saudi Arabia’s decision to shelve what was billed as the biggest share sale ever is a major blow to the credibility of Crown Prince Mohammed bin Salman but there are Continue Reading
The UN urged Venezuela’s neighbors on Thursday to keep their borders open as thousands of migrants continue to pour out of the country to escape hyperinflation and economic collapse. Speaking Continue Reading
Mexico’s gasoline imports reached 653,000 b/d, a new record for July, Energy Secretariat data showed. Receive daily email alerts, subscriber notes & personalize your experience. Register Now July imports were Continue Reading
A U.S. judge has granted a Canadian company the right to go after prized U.S. assets belonging to Venezuela, in a bid to get paid on an $1.4 billion award Continue Reading
