Earlier this year, Venezuelan President Nicolas Maduro rolled out his latest scheme to rescue his economy, offer an alternative to the increasingly worthless bolivar, and skirt U.S. sanctions on financial Continue Reading
Mexican President-elect Andres Manuel Lopez Obrador said on Saturday that crude production in the country is expected to reach at least 2.6 million barrels per day (bpd) by the end Continue Reading
BEIJING (Reuters) – China will respond if the United States takes any new steps on trade, the foreign ministry said on Monday, after President Donald Trump warned he was ready Continue Reading
The US appears to have ambitions to dominate the global market for liquefied natural gas with growing exports of gas produced from shale rocks. The volumes are certainly available and Continue Reading
Canadian crude prices are plunging once again as repairs were completed on Alberta’s second-biggest oil sands upgrader and production surged from a new mine. (Bloomberg) — Canadian crude prices are Continue Reading
The price to access unexplored shale assets on the New Mexico side of the Permian Basin soared to $95,001 an acre in a federal government auction, a record high for Continue Reading
The device is the latest in an array of technologies shipping companies are using to cope with rising fuel costs as the International Maritime Organization implements rules to reducing pollution Continue Reading
Moscow — Russia’s energy minister Alexander Novak plans to meet with his US counterpart Rick Perry in Moscow on Thursday to discuss oil and gas markets, Iran sanctions, and the Continue Reading
Oil prices fell on Friday for the third straight session, weighed down by a strong dollar, weakness in the equity markets, and Tropical Storm Gordon’s smaller-than-expected impact on U.S. Gulf Continue Reading
Oil prices are set for their largest weekly loss since July, due to fears of emerging market contagion and some bearish data from the EIA. Mixed EIA report, oil prices Continue Reading
