Oil product stocks in the Middle Eastern hub of Fujairah rose 8% week on week to 23.302 million barrels on Monday, with all categories showing increases as efforts to contain Continue Reading
Nigeria and other developing countries that rely heavily on oil revenue are set to witness a decline as their income from oil and gas is projected to fall by between Continue Reading
China will emerge as a new term gasoline supplier to Japan in April when a Japanese refiner starts lifting Chinese barrels under a six-month supply deal — which may pressure Continue Reading
Despite the bright blue skies and fairly comfortable temperatures, Quincy Market and Faneuil Hall where empty with only a couple street musicians and occasional foot traffic, as tourists and residents Continue Reading
(Reuters) – The spreading coronavirus is threatening project schedules in the booming U.S. solar industry following a year in which the sector topped natural gas as the nation’s top new Continue Reading
The United Auto Workers union is pressing the Detroit car companies for a two-week shutdown of U.S. factories over coronavirus concerns, a move that would deal another financial blow to Continue Reading
Plummeting oil prices have been the focus of attention ever since Saudi Arabia and Russia fired the first shots in what analysts see as a potentially devastating oil price war. Continue Reading
North American liquefaction terminals currently being built may see reduced construction activity for an indefinite period due to health officials’ recommendation to avoid assembling large groups of people to guard Continue Reading
Concho Resources and other Permian Basin crude producers have continued to slash their capital budgets by 25% or more as fears of a pandemic-triggered global recession have taken hold. Receive Continue Reading
The Trump administration pressed on Tuesday for enactment of a $1 trillion stimulus package, possibly to include $1,000 direct payments to individual Americans, to blunt the economic pain from a Continue Reading
