(Bloomberg) - A daily increase of 400,000 barrels in oil output would be enough to meet demand, according to Iraqi Minister Ihsan Abdul Jabbar.The minister commented days before representati.........
see more >>OSLO (Bloomberg) --Equinor ASA is boosting natural gas exports to ease Europes supply crunch, sacrificing some oil production in the process. The Norwegian giant has halted the re-injection .........
see more >>(Bloomberg) --Could the era of cheap oil supply be gone for good? Thats the conclusion of some of the biggest commodities desks on Wall Street, where banks have been lifting their long-term .........
see more >>Workers change the billboard at a Sinopec gas station in Fuzhou, Fujian province. [Photo provided to China Daily] China Petroleum and Chemical Corps biggest underground gas storage cluster, .........
see more >>(Bloomberg) --Oil rallied after a U.S. industry report showed another big draw in crude inventories, pointing to a tightening market, and Chinas central bank added liquidity to quell concern.........
see more >>(Bloomberg) --Oil headed for a fourth weekly gain supported by signs of a tighter market and a wider rally in energy prices. West Texas Intermediate, which dipped on Friday, has still climbe.........
see more >>LONDON (Bloomberg) - BP and PetroChina formed a joint venture to manage the giant Rumaila field in Iraq, an operating structure the British oil major has adopted in other parts of the world .........
see more >>MEXICO CITY (Bloomberg) --Pemex left investors with more questions than answers after it announced in late July that it would be disclosing its greenhouse gas emissions on a more regular bas.........
see more >>(Bloomberg) --Oil in New York surged by the most since April amid a broader market rebound after the longest stretch of declines in nearly two years. The U.S. crude benchmark climbed nearly .........
see more >>LONDON (Bloomberg) --Oil dropped suddenly after a report that the U.S. will urge OPEC to revive production more quickly. Futures tumbled 1.2% in New York as CNBC reported that the White Hous.........
see more >>(Bloomberg) --The worlds largest oil companies are bidding up prices for renewable energy projects, squeezing profits from wind and solar farms just as climate planning focuses more on green.........
see more >>MOSCOW (Bloomberg) --The era of cheap natural gas is over, giving way to an age of far more costly energy that will create ripple effects across the global economy. Natural gas, used to gene.........
see more >>(Bloomberg) --Irans oil comeback, already taking longer than many traders expected, will be further complicated by last weeks deadly drone attack on a tanker in the Gulf of Oman, which the U.........
see more >>(Bloomberg) --Oil slid by the most in a week as the fast-spreading delta variant poses a threat to demand and as data out of China signaled a slowdown. Futures in New York declined as much a.........
see more >>WASHINGTON - Despite volatility in global oil markets, U.S. crude oil exports reached a record high in 2020. So far this year (as of July 9, 2021), U.S. crude oil exports have averaged 3.00 .........
see more >>