Energy US oil drillers cut rigs for fifth week in a row US energy firms this week reduced the number of oil rigs operating for a fifth week in a row to its lowest in nearly Published 22 Mar, 2019 05:20pm
Energy Brazil's Petrobras reevaluating partnership with China's CNPC SAO PAULO: Brazil's state owned oil company Petroleo Brasileiro SA is reevaluating a partnership with the China National Published 21 Mar, 2019 02:59pm
Energy US oil prices rise above $60/bbl on tightening supply NEW YORK: US crude prices rose on Wednesday to a 4-month high above $60 a barrel after U.S. government data showed t Published 20 Mar, 2019 10:54pm
Energy U.S. oil may fall to $57.81 SINGAPORE: U.S. oil may break a support at $58.59 and fall to the next support at $57.81 per barrel, as it failed to bre Published 20 Mar, 2019 09:08am
Energy Colombia's February crude output up 8.4pc vs year ago BOGOTA: Crude oil production in Colombia reached an average of 892,530 barrels per day (bpd) in February, the Energy Min Published 19 Mar, 2019 10:22pm
Energy Oil holds near 2019 highs ahead of official U.S weekly data NEW YORK: Oil prices held close to four-month highs on Tuesday on expectations that OPEC would continue production cuts Published 19 Mar, 2019 09:19pm
Energy Exxon Baytown, Texas CDU restart expected by early April HOUSTON: Exxon Mobil Corp plans to restart the large crude distillation unit (CDU) at its 560,500 barrel-per-day (bpd) B Published 18 Mar, 2019 10:35pm
Americas Energy Oil closes in on 4-month highs on OPEC cuts, US stock draw NEW YORK: Oil prices rose to near four-month highs on Monday, supported by the prospect of extended OPEC-led oil supply Published 18 Mar, 2019 10:23pm
Energy Mexican president names firms selected to bid on new oil refinery MEXICO CITY: The Mexican government invited four firms to bid on the construction of an $8 billion refinery for state oi Published 18 Mar, 2019 10:13pm
Energy Oil up as OPEC-led supply cuts support, Cushing draws down NEW YORK: Oil prices edged up on Monday, supported by the prospect of prolonged OPEC-led oil supply curbs and signs Published 18 Mar, 2019 04:28pm
Energy US envoy says Venezuela oil production dropping steadily WASHINGTON: The US special representative for Venezuela said on Friday that Venezuela's oil exports have been dropping s Published 15 Mar, 2019 07:53pm
Energy LNG producers must avoid over-reliance on Chinese demand growth HOUSTON: Liquefied natural gas (LNG) producers must avoid becoming over-reliant on the strong Chinese demand growth Published 15 Mar, 2019 04:30pm
Energy Imperial Oil delays oil sands project due to Alberta output cuts CALGARY, ALBERTA: Canada's Imperial Oil Ltd will delay its C$2.6 billion Aspen oil sands project in Alberta by about Published 15 Mar, 2019 04:02pm
Energy US oil retreats from 2019 high on soaring production LONDON: US crude futures briefly hit a 2019 high on Friday but later retreated along with benchmark Brent oil as wor Published 15 Mar, 2019 12:29pm
Americas Energy Oil gains 1pc on cuts to Saudi, Venezuelan exports NEW YORK: Oil prices rose about 1 percent on Tuesday, supported by signs of tightening global supply after a Saudi offic Published 12 Mar, 2019 09:57pm
Energy Oil gains over 1 pct as Saudi stands by OPEC output cuts NEW YORK: Oil prices rose more than 1 percent on Monday, lifted by comments from Saudi Energy Minister Khalid al-Falih t Published 11 Mar, 2019 08:36pm
Energy Oil edges up as tight global supplies offset economic concern NEW YORK: Oil prices edged higher on Thursday, supported by OPEC-led supply cuts and US sanctions against exporters Vene Published 07 Mar, 2019 10:43pm
Energy US oil production stays same last week HOUSTON: US crude oil production stayed the same during the week ending March 1, the US Energy Information Administr Published 07 Mar, 2019 01:18pm
Energy Crude prices slump after US inventory build NEW YORK: Crude oil futures sank on Wednesday after US government data showed an unexpectedly sharp build in crude inven Published 06 Mar, 2019 10:07pm
Energy US crude inventories rise more than expected: EIA NEW YORK: US crude oil stockpiles rose much more than expected last week, while gasoline and distillate inventories Published 06 Mar, 2019 04:49pm
Energy Crude prices fall after steep US stock build NEW YORK: Crude oil futures fell nearly 1 percent on Wednesday after U.S. government data showed a sharp build in cr Published 06 Mar, 2019 04:43pm
Energy Oil little changed as market awaits US-China trade deal Oil prices held near flat on Tuesday as the market wavered on expectations the United States and China could reach a tra Published 05 Mar, 2019 10:53pm
Americas Energy Oil prices flat; focus on OPEC-led output cuts, Libya oilfield NEW YORK: Oil prices hovered near flat on Tuesday as the market balanced OPEC-led efforts to tighten crude supply wi Published 05 Mar, 2019 05:21pm
Energy Oil turns sharply lower as US data stokes demand worries NEW YORK: Oil prices reversed course on Friday, falling more than 2 percent as bearish US manufacturing data stoked conc Published 01 Mar, 2019 07:48pm
Energy Pemex tie-ups to proceed despite president's critical statement MEXICO CITY: Auctions scheduled later this year to pick joint venture partners for Mexican state oil company Pemex will Published 28 Feb, 2019 10:09pm
Energy Oil prices ease as trade talks drag, China's economy shows weakness NEW YORK: Benchmark Brent oil fell while U.S. crude futures steadied on Thursday as U.S.-China trade tensions persis Published 28 Feb, 2019 05:07pm
Energy Mexican state oil firm Pemex loses $7.5bn in 2018: official MEXICO CITY: Mexico's state oil company Pemex on Wednesday reported losses of 148.634 billion pesos ($7.558 billion) for Published 27 Feb, 2019 09:48pm
Energy Oil rises 2 pct as US crude stocks plunge, OPEC brushes off Trump NEW YORK: Oil futures gained about 2 percent on Wednesday after US crude inventories unexpectedly plummeted and as Saudi Published 27 Feb, 2019 09:01pm
Energy Exxon's reserves up 23 percent on gains in US shale, offshore Exxon Mobil Corp said on Tuesday its oil and gas reserves rose nearly 23 percent last year, driven mainly by increases f Published 26 Feb, 2019 11:27pm
Americas Energy With OPEC likely to ignore Trump, oil prices edge up NEW YORK: Oil futures inched up on Tuesday after news that OPEC would continue production cuts despite comments from US Published 26 Feb, 2019 09:31pm