Energy Oil rally fades, even after bullish inventory figures NEW YORK: Oil futures rose on Thursday, but were off the day's highs, despite a sharper-than-expected decline in crude o Published 06 Jul, 2017 09:06pm
Energy Oil rises 2pc after big draws in US crude, gasoline NEW YORK: Oil rose about 2 percent on Thursday, making up some of the previous session's losses after US data showed cru Published 06 Jul, 2017 07:19pm
Energy Mexico expects four more oil auctions before by end of 2018 MEXICO CITY: Mexico expects to launch four more oil and gas auctions before the current president's term concludes at th Published 06 Jul, 2017 07:18pm
Energy Oil falls after bull run, on rising OPEC exports, strong dollar NEW YORK: Oil prices retreated more than 3 percent on Wednesday, ending their longest bull-run in more than five years, Published 05 Jul, 2017 07:32pm
Energy Shell Convent refinery restarts gasoline, alky units HOUSTON: Royal Dutch Shell Plc on Wednesday was restarting the gasoline-producing and alkylation units at its 227,586-ba Published 05 Jul, 2017 04:34pm
Energy Canada orders seizure of oil tanker carrying crude from Iraqi CALGARY: The Federal Court of Canada has ordered the seizure of a 721,915-barrel cargo of crude from Kurdistan aboard th Published 04 Jul, 2017 08:53pm
Energy Oil rises more than 2pc as US crude output slows NEW YORK: Oil rose more than 2 percent on Monday, resuming its longest stretch of daily gains in more than five years af Published 03 Jul, 2017 10:40pm
Americas Energy Brazilian oil exports surge by 67pc in June RIO DE JANEIRO: Brazilian oil exports jumped 67 percent in June to 6.195 million tonnes when compared to the same month Published 03 Jul, 2017 10:31pm
Energy Brazil oil output jumps 6.7pc in May, watchdog says RIO DE JANEIRO: Brazil produced 2.653 million barrels per day of crude oil on average in May, a 6.7 percent increase fro Published 03 Jul, 2017 03:20pm
Energy All eyes on July for US oil demand to drain glut NEW YORK: US oil traders are hoping the sweltering days of July are also hot ones for demand, saying that the new month Published 03 Jul, 2017 03:18pm
Energy Oil bounces up off 10-month lows; crude glut still weighs NEW YORK: Oil rose on Thursday, a day after sliding to 10-month lows, but market sentiment remained negative due to ongo Published 22 Jun, 2017 05:11pm
Energy Mexico's CFE launches 9-cargo LNG buy tender-trade sources SINGAPORE/LONDON: Mexico's state-run utility CFE launched a tender seeking nine liquefied natural gas (LNG) cargoes for Published 20 Jun, 2017 03:32pm
Energy Oil prices flat after weeks of steep declines NEW YORK: Oil prices were flat on Monday after diving 13 percent since late May as rising production in the United State Published 19 Jun, 2017 05:43pm
Energy Fire at Mexico's Salina Cruz refinery has been put out: Pemex MEXICO CITY: A fire that shut down the operations of Mexico's Salina Cruz refinery has been put out, state-owned oil com Published 16 Jun, 2017 12:42pm
Americas Energy Mexico's Pemex says Salina Cruz refinery ablaze, no injures MEXICO CITY: Mexican state oil producer Pemex's Salina Cruz refinery in southern Mexico was in flames on Wednesday, the Published 14 Jun, 2017 02:58pm
Energy Oil rises on signs of US inventory declines, lower Saudi exports NEW YORK: Oil edged up less than 1 percent on Monday on signs of inventory declines in the United States and news that S Published 12 Jun, 2017 05:28pm
Energy US crude stockpiles rose unexpectedly NEW YORK: US crude stocks rose unexpectedly last week as refinery runs dropped, while gasoline and distillate Published 07 Jun, 2017 03:09pm
Energy EIA increases 2017, 2018 US crude output, oil demand forecast NEW YORK: The US Energy Information Administration expects US crude oil production in 2017 and 2018 to rise by more than Published 06 Jun, 2017 05:15pm
Energy Oil prices at 3 week low as rising output risks OPEC-led deal NEW YORK: Oil prices fell to a three-week low on Wednesday with Brent set for its fifth monthly loss despite OPEC-led ou Published 31 May, 2017 06:18pm
Energy Oil slides, political worries weigh on sentiment NEW YORK: Oil prices slid on Tuesday on concerns of a persistent global supply glut while US and European political worr Published 30 May, 2017 05:43pm
Energy Oil plunges 5pc on disappointment with OPEC cuts NEW YORK: Oil prices fell nearly 5 percent on Thursday as OPEC's decision to extend production curbs fell short of expec Published 25 May, 2017 05:45pm
Energy OPEC moves towards 9-month output cut extension VIENNA: Oil producers within and outside OPEC headed Wednesday towards an agreement maintaining cuts in output into ne Published 24 May, 2017 08:22pm
Americas Energy Mexico's oil regulator approves new Gulf area for Pemex MEXICO CITY: Mexico's oil regulator on Tuesday approved a promising new deep water block to state oil company Published 23 May, 2017 04:15pm
Energy US oil output back near records, challenging OPEC NEW YORK: American oil production is approaching record levels again, led by shale projects, potentially foiling eff Published 19 May, 2017 07:10am
Energy Oil rises ahead of OPEC, key producers pledging cuts NEW YORK: Oil prices rose on Thursday in a volatile session on growing signs that key oil producers will adhere to produ Published 18 May, 2017 05:03pm
Energy Oil settles flat; dips after API reports US crude build NEW YORK: Oil prices settled little changed on Tuesday after several OPEC members voiced support for prolongin Published 16 May, 2017 10:32pm
Energy Colombia April crude output down 6.3pc vs year ago BOGOTA: Colombia produced an average of 857,000 barrels of crude oil per day (bpd) in April, the government said on Tues Published 16 May, 2017 10:31pm
Energy Shell Convent refinery to restart HCU on Tuesday night HOUSTON: Royal Dutch Shell Plc plans to restart the heavy oil hydrocracking unit (HCU) at its 235,000 barrel p Published 16 May, 2017 10:27pm
Energy Shell Convent refinery preparing hydrocracker restart HOUSTON: Royal Dutch Shell Plc was preparing on Monday to restart, as early as Wednesday, the heavy oil hydrocracking un Published 15 May, 2017 08:01pm
Americas Energy Weak oil price creates gas opportunities, says SNC-Lavalin division head LONDON: Canadian engineer SNC-Lavalin sees opportunities from weak oil prices as investment shifts to liquefied natural Published 12 May, 2017 02:28pm