India’s Reliance Industries is selling fuels to Venezuela from India and Europe to sidestep sanctions that bar U.S.-based companies from dealing with state-run PDVSA, according to trading sources and Refinitiv Continue Reading
U.S. crude imports from Venezuela dropped to zero last week, for the first time on record, preliminary data from the Energy Information Administration showed on Wednesday. Imports from Venezuela, historically Continue Reading
Oil prices have broken new multi-month highs, but the next level up may largely depend on what happens between the U.S. and Chinese trade negotiations. There have been conflicting reports Continue Reading
With the U.S. and China preparing for a fresh round of face-to-face negotiations, President Trump said the U.S. expected to keep tariffs on Chinese goods in place for a “substantial Continue Reading
Just a few years ago, instead of watching just how far spot LNG prices in Asia could tumble, the opposite was true. In the aftermath of the Fukushima nuclear disaster Continue Reading
Have you noticed the absolute carnage taking place in the U.S. shale oil stocks? It seems as if Wall Street and investors are finally growing weary of an industry that Continue Reading
The insanity continues in the United States second largest shale oil field as the fundamental economics go from bad to worse. While it is true that the shale industry doesn’t Continue Reading
A U.S. judge has blocked oil drilling planned in Wyoming because the government failed to adequately consider its impact on global warming – a decision that could complicate President Donald Continue Reading
The Trump administration’s fourth major auction for oil and gas leases in the U.S. Gulf of Mexico received $244 million in high bids on Wednesday, reflecting an uptick in interest Continue Reading
The Federal Reserve expressed increasing concern about slowing economic growth as it left interest rates unchanged on Wednesday and showed little appetite for raising them in the near future. The Continue Reading
