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Oil prices rose slightly on Thursday, boosted by a decline in U.S. inventories, ongoing supply cuts from OPEC and its…
Wednesday, 27 March 2019 06:15

Oil Prices Slip

Oil prices edged lower on Wednesday after government data showed U.S. crude stocks unexpectedly rose last week, though disruptions to…
Tuesday, 26 March 2019 11:39

Oil Rises 2 Percent

Oil rose nearly 2 percent on Tuesday as attention centered on geopolitical factors tightening supplies that are leading to falling…
Tuesday, 19 March 2019 05:50

Oil Prices Reach 2019 Highs

Oil prices rose to new 2019 highs on Tuesday, supported by OPEC supply cuts and falling output from Iran and…
Thursday, 14 March 2019 11:47

Billions Spent, Little to Show

How Russia sank billions of dollars into Venezuela quicksand © John Keenan / Adobe Stock Reuters estimates that after sinking…
Friday, 01 March 2019 02:43

Oil Steady, Supported by OPEC Cuts

Record U.S. output, exports offset some of OPEC's cuts. File Image / CREDIT: AdobeStcok / © Mikesjc Oil prices were…
Wednesday, 27 February 2019 10:41

Citgo Loans Price in Potential Regime Change

The bank debt of oil refiner Citgo Petroleum Corp, US subsidiary of Petróleos de Venezuela SA (PDVSA), has been volatile…
Tuesday, 26 February 2019 10:44

CITGO Formally Cuts Ties with PDVSA

U.S. refiner Citgo Petroleum Corp is formally cutting ties with its parent, state-run oil firm Petroleos de Venezuela SA, to…
A board of directors appointed this month by Venezuela's opposition-controlled congress to run state-owned oil firm PDVSA's U.S. unit Citgo…
Oil prices rose on Wednesday after top exporter Saudi Arabia said it would cut crude exports and deliver an even…
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