Energy Wall opens slightly higher, Dow hits record NEW YORK: US stock indexes opened slightly higher on Monday, with the Dow hitting yet another record high. The Dow Jo Published 07 Aug, 2017 08:17pm
Energy Oil slides as output rises at Libya's largest oil field NEW YORK: Oil prices fell as much as 2 percent on Monday on selling triggered by a rebound in production from Libya's la Published 07 Aug, 2017 07:37pm
Energy Shell says Norco refinery stable; reformer shut after fire HOUSTON: Royal Dutch Shell Plc shut the catalytic reformer at its 225,800 barrel per day (bpd) Norco, Louisiana, refiner Published 07 Aug, 2017 07:22pm
Energy Brazil fuel, lubricant imports surge 57pc in July RIO DE JANEIRO: Brazil's fuel and lubricant imports shot up 57.3 percent in July from the same month in 2016 to $1.522 b Published 01 Aug, 2017 10:24pm
Energy Oil markets escape Venezuela sanctions for now NEW YORK: US oil markets had a muted reaction on Monday after Washington slapped sanctions on Venezuelan President Nicol Published 31 Jul, 2017 10:41pm
Energy Venezuelan oil processed in US refineries NEW YORK: The United States in April imported more oil from Venezuela than any nation other than Canada and Saudi Ar Published 31 Jul, 2017 10:10pm
Energy US coal exports surge, but thank China, not Trump: Russell LAUNCESTON: US coal miners are almost certainly cheering the sharp rise in exports of their product, but their good fort Published 31 Jul, 2017 10:06pm
Americas Energy Oil rises with gasoline futures to highest since May NEW YORK: Oil prices rose to an eight-week high on Thursday, as a rally in US gasoline futures spurred further gains thi Published 27 Jul, 2017 08:57pm
Energy Mexico's first publicly listed oil company set for August debut MEXICO CITY: Vista Oil & Gas, with backing from private equity firm Riverstone Capital, will launch an initial publi Published 26 Jul, 2017 10:54pm
Energy Shell Convent refinery plans spring 2018 work on HCU HOUSTON: Royal Dutch Shell Plc is planning to make repairs to the heavy oil hydrocracking unit (HCU) at its 227,586 barr Published 26 Jul, 2017 10:51pm
Energy Oil jumps to near 8-week high after big draw in US crude stocks NEW YORK: Oil prices rose to near eight-week highs on Wednesday, with Brent crude futures above $50 a barrel, as a much Published 26 Jul, 2017 10:07pm
Energy Oil rallies 3 percent as US shale shows signs of slowdown NEW YORK: Oil rose 3.3 percent on Tuesday, the highest close in more than a month, a day after US oil producer Anadarko Published 25 Jul, 2017 07:27pm
Energy Oil rises 1 percent after Saudi vows to cap crude exports next month NEW YORK: Oil rose more than 1 percent on Monday, after leading OPEC producer Saudi Arabia pledged to cut exports in Aug Published 24 Jul, 2017 09:03pm
Energy Shell shuts Trans Niger pipeline due to leak NEW YORK: Shell's Nigerian subsidiary has shut its 180,000 barrel-per-day Trans Niger pipeline in Nigeria due to a leak, Published 24 Jul, 2017 08:59pm
Americas Energy Brent oil down after rising past $50 for first time since June NEW YORK: Oil prices dipped on Thursday in choppy US trading, as nagging worries about abundant global crude supplies dr Published 20 Jul, 2017 07:39pm
Energy US fines Exxon Mobil over Russia sanctions violations WASHINGTON: The US Treasury Department on Thursday said it was fining global oil company Exxon Mobil Corp $2 million for Published 20 Jul, 2017 05:18pm
Energy Dow, S&P 500, Nasdaq end at new records NEW YORK: Wall Street stocks jumped to fresh records Wednesday on higher oil prices, better-than-expected housing data a Published 19 Jul, 2017 09:29pm
Energy Oil prices ease on signs of steady output from some producers NEW YORK: Oil prices were about 1 percent lower on Monday as investors continued to await strong indications that an OPE Published 17 Jul, 2017 10:47pm
Energy Brazil's Petrobras oil output rises 0.6pc in June SAO PAULO: Brazil's Petrobras produced 2.2 million barrels per day of crude oil on average in June, a 0.6 percent increa Published 17 Jul, 2017 07:22pm
Energy Oil prices ease on signs of steady output from some producers NEW YORK: Oil prices were little changed on Monday as output increases in some top producers eased, but investors contin Published 17 Jul, 2017 07:11pm
Energy US shale oil output seen up for eighth month at 5.6mn bpd NEW YORK: US shale oil production is forecast to rise for the eighth consecutive month, climbing 112,000 barrels per day Published 17 Jul, 2017 07:04pm
Energy Oil up 1pc in choppy trade, heads for 4pc weekly gain NEW YORK: Oil rose 1 percent on Friday, boosted by a supply interruption in Nigeria and prices were headed for a weekly Published 14 Jul, 2017 08:22pm
Americas Energy Med crude-Urals unchanged in quiet trade, margins stay firm MOSCOW: Urals differentials were unchanged in low trading activity on Friday as traders waited for August first loading Published 14 Jul, 2017 08:18pm
Energy Exxon Mobil fined for Louisiana refinery explosion that injured four HOUSTON: Exxon Mobil Corp has been fined about $165,000 by US regulators for safety lapses including inadequate training Published 13 Jul, 2017 08:54pm
Energy Oil rises as robust Chinese demand seen helping drain glut NEW YORK: Oil prices rose 1.3 percent on Thursday after much stronger demand in China overshadowed a downbeat report by Published 13 Jul, 2017 08:49pm
Energy Oil gains 1.5pc as robust Chinese demand seen draining glut NEW YORK: Oil prices rose 1.5 percent on Thursday after much stronger demand in China overshadowed a downbeat report by Published 13 Jul, 2017 05:34pm
Energy Oil pares gains despite US drawdowns as stocks still high NEW YORK: Oil futures rose more than 1 percent on Wednesday, but backed off session highs despite hefty drawdowns in US Published 12 Jul, 2017 06:33pm
Energy Oil rises after European storage data, US output reduction NEW YORK: Oil prices climbed more than 1 percent on Tuesday along with rising heating oil futures on reports showing for Published 11 Jul, 2017 08:38pm
Energy Oil rises slightly, but growing global supply a worry NEW YORK: Oil prices rose modestly on Monday, but rising drilling activity in the United States and uncertainty over Lib Published 10 Jul, 2017 07:17pm
Americas Energy Oil prices slide 2.5pc on rising global crude supplies NEW YORK: Oil prices fell more than 2.5 percent on Friday after data showed US production and rig counts rose last week Published 07 Jul, 2017 06:39pm