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Oil Price
Oil prices Fell on Friday Amid Fears Over Demand as the U.S-China Trade
International benchmark Brent crude futures, were at $57.20 a barrel by 0324 GMT, down 18 cents, or 0.3%, from their previous settlement. U.S. West Texas Interm…
Crude
Pertamina Says Oil Spill Recovery will Take Until at Least March Next Year
Clean-up efforts after an oil spill from a well in Indonesia’s Java Sea will take until at least March next year, state energy firm Pertamina said on Thursday …
Oil & Gas Trade
Bank of America Warns China's Purchases of Iranian Crude Could Trigger Oil Market Crash
In the latest round of hostilities between the world's two biggest economies, Washington announced new tariffs on another $300 billion worth of Chinese goods.
Brunei Shell Petroleum Company
Brunei Shell Petroleum Company Sdn Bhd's activity is primarily for the exploration and production of crude oil and natural gas from onshore and offshore fields.
Oil & Gas Trade
Crude Oil Futures were Lower During Mid-Morning Trade in Asia
Crude oil futures were lower during mid-morning trade in Asia Monday as markets remained concerned on the impact of the ongoing trade tensions between the US an…
Oil & Gas Trade
Saudi Arabia Is Exporting Ever-Larger Portion Crude to China -- With the U.S. Losing Out
Saudi Arabia’s observed exports to China soared to 1.74 million barrels a day in July, the highest since Bloomberg began tracking the tanker shipments in Janua…
Oil & Gas Trade
Diesel Fuel Spill Occurs Offshore Chile
Chile is investigating a 40,000-liter diesel oil spill on an island on the far southern coast of Chilean Patagonia, the navy said on Saturday.
Oil & Gas Trade
Crude Oil Futures Were Higher During Mid-Morning Trade in Asia
Crude oil futures were higher during mid-morning trade in Asia Tuesday, amid an expected fall in US crude inventories last week, while market participants were …
Oil and Gas Equipment
China's CNOOC Aims to Take a Stake in Ugandan Oil Pipeline
Chinese oil firm China National Offshore Oil Corporation (CNOOC) aims to take a stake in an oil pipeline being developed to export Ugandan crude, the firm said …
Oil & Gas Trade
US Sanctions Have Taken 95% of Iranian Crude Oil Exports Off The World Market
In an appearance at The Economic Club of Washington, DC, Pompeo said sanctions, which were fully imposed in May, have had seemingly no impact on global crude oi…
Oil&Gas Drilling
Is the United States Really Energy Independent?
Like Iran, we have a refinery problem. Is the United States really energy independent? Is Iran? As the two nations inch toward confrontation, the complexity of …
Oil & Gas Trade
Saudi Arabia is Looking to Raise the Capacity of its East-West Oil Pipeline to 7 Million Bpd
Saudi Arabia, the world’s top crude oil exporter and the largest oil producer in OPEC, is one of the few oil producers in the Middle East that have some altern…
Oil & Gas Trade
Venezuela Opposition Divided by Proposal for Iraq-Style 'Oil-for-Food' Program
A proposal to modify U.S. oil sanctions on Venezuela to allow crude exports to be bartered for food has divided the country’s opposition between those who say …
Crude
The Extension of the OPEC+ Oil Production Cuts will Impact the Economies of Arab
The extension of the OPEC+ oil production cuts into 2020 will impact the economies of the key Arab oil producers, according to a quarterly Reuters poll of 30 ec…
Crude
Oil Prices Edged Higher Amid Lingering Concerns About Possible Supply Disruptions
Oil prices edged higher on Tuesday amid lingering concerns about possible supply disruptions in the Middle East, but an overall weaker demand outlook kept a lid…
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