Thirty crude oil cargoes are sitting in Nigeria and waiting for buyers, Reuters reports, citing trading sources who added that the cargoes were part of the country’s loading schedule for Continue Reading
Caracas, Venezuela — Venezuelan state oil company PDVSA is preparing to increase fuel prices in the domestic market in September after two decades of frozen rates and millions of dollars Continue Reading
The incoming administration won’t propose changes to Mexico’s Constitution, which was amended in 2013 to allow for private investment in oil and gas, but will use its majority in Congress Continue Reading
Krull, formerly managing director and vice chairman of Swiss bank Julius Baer, pleaded guilty to one count of conspiracy to commit money laundering, and is now expected to be sentenced Continue Reading
The United States and China escalated their acrimonious trade war on Thursday, implementing punitive 25 percent tariffs on $16 billion worth of each other’s goods, even as mid-level officials from Continue Reading
China on Thursday implemented tariffs on a second tranche of US goods, targeting oil products and coal for the first time, in retaliation to US tariffs effective the same day Continue Reading
Hunan, China — China might see a 140 million mt increase in raw coal demand should the currect rate of growth in thermal power continue in months to come, giving Continue Reading
Summary of Weekly Petroleum Data for the week ending August 17, 2018 U.S. crude oil refinery inputs averaged 17.9 million barrels per day during the week ending August 17, 2018, Continue Reading
Canada’s gas-rich province of Alberta is looking to recreate the building boom spreading along the U.S. Gulf Coast, where inexpensive natural gas generated billions of dollars in investment by petrochemical Continue Reading
U.S. crude oil stockpiles fell more than expected last week as imports declined and refinery runs held close to record highs, while gasoline and distillate inventories rose, the Energy Information Continue Reading
