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Tuesday, 19 February 2019 04:42

As Traders Tussle Turkmenistan Cuts Exports

A clash between trading house Vitol and Azerbaijan's SOCAR over Caspian Sea oil shipments is forcing Turkmenistan to slash exports…
Tuesday, 19 February 2019 02:18

Oil Below 2019 highs on OPEC Cuts

U.S.-China trade talks this week also in focus. File Image: AdobeStock / © Redindie Oil was close to its 2019…
Friday, 15 February 2019 08:12

US Rig Count Climbs

U.S. energy firms this week increased the number of oil rigs operating for a second week in a row amid…
Friday, 15 February 2019 02:53

US Oil Rallies as Exporters Trim Production

U.S. oil prices rose on Friday, gaining for a fourth day on hopes of further supply cuts by major exporters,…
Oil prices rose on Wednesday after top exporter Saudi Arabia said it would cut crude exports and deliver an even…
Tuesday, 12 February 2019 02:28

US Crude Inventory Remains High

U.S. crude inventory has been hovering between 430 and 450 million barrels since early December — and remains around 6%…
Struggling Venezuela already is producing oil at a multi-decade low, but the socialist nation's crude output could fall another 50…
TransCanada Corp said on Monday a part of its Keystone crude pipeline from Steele City, Nebraska, to Patoka, Illinois, remained…
Phillips 66 and Kinder Morgan Inc began on Monday soliciting shipper commitments for crude deliveries on the 900,000 barrel per…
Wednesday, 06 February 2019 04:12

Oil Slips Below $62 as U.S. Inventories Rise

API reports increase in U.S. crude stocks; Venezuela sanctions yet to spark rally but still supportive. File Image: CREDIT AdobeStock…
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