(Bloomberg) --North Sea oil prices are finally strengthening, catching up with other markets that already rallied on the back of rising buying interest from Asia, where demand in many places.........
see more >>(Bloomberg) --Oil erased earlier losses with OPEC+ seeking more time to reach a deal on production policy after a meeting broke down without an agreement. Futures were 0.7% higher in New Yor.........
see more >>(Bloomberg) --BP said it will invest more money in Middle Eastern oil and natural-gas fields even as it transitions to renewable energy and tries to lower emissions. The company is a major p.........
see more >>(Bloomberg) --OPEC and its allies will likely delay a supply increase planned for January by three months, according to a survey of oil analysts, traders and refiners. The 23-nation coalitio.........
see more >>(Bloomberg) --With OPEC+ just days from meeting, those countries who favor ratcheting up oil production may be finding some support for their arguments from surging prices. Headline futures .........
see more >>(Bloomberg) --Oil touched its strongest level since early September as signs that Covid-19 vaccinations in the U.S. could be underway within three weeks improved the demand outlook. Markets .........
see more >>WASHINGTON, DC The U.S. Energy Information Administration reported that a record 12.9 million barrels per day (bpd) of crude oil was produced in the United States in November 2019 and was at.........
see more >>(Bloomberg) --Oil markets may be cheering the prospects of a coronavirus vaccine, but OPEC+ cant celebrate. Crude prices have rallied to a 10-week high on hopes that Pfizer Inc. and BioNTech.........
see more >>(Bloomberg) --Libya boosted oil production to more than 1 million barrels a day, a milestone for the North African country after civil war all but shut its energy industry. The OPEC member, .........
see more >>HOUSTON and LONDON (Bloomberg) --It was Andrew Swiger, the chief financial officer at Exxon Mobil Corp., who summarized the attitude of the whole industry after Big Oil ended reporting anoth.........
see more >>HOUSTON - The Oil and Gas Climate Initiative (OGCI) announced its aggregate performance data for 2019. It shows the collective upstream methane and carbon intensity of member companies aggre.........
see more >>(Bloomberg) --Six months after the coronavirus pandemics initial punch, signs of a second wave are already emerging in the oil market. Chinas buying has slowed after the nation binged when c.........
see more >>(Bloomberg) --Jordan will resume imports of crude oil from its Middle East neighbor Iraq this month after suspending shipments due to the coronavirus. Imports of about 10,000 barrels a day w.........
see more >>NEW YORK (Bloomberg) --Oil tumbled to the lowest level in more than a week with the expectation that refinery demand for crude will weaken in the fall and as investors sought refuge in a str.........
see more >>NEW YORK (Bloomberg) --U.S. oil exports to China are set to reach a record next month in a sign that Beijing is stepping up purchases to meet its commitments under a landmark trade deal reac.........
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