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Fear of a new oil demand/supply imbalance has rattled the oil market. © pichitstocker / Adobe Stock Market sentiment has…
Wednesday, 14 November 2018 03:38

India's African Oil Imports Hit 3-year High

India's oil imports from Africa in October rose to their highest level since August 2015, after a fall in Brent's…
Tuesday, 13 November 2018 09:23

Oil Slumps to One-year Low

Oil's slide accelerated on Tuesday, with U.S. futures suffering their steepest one-day loss in more than three years due to…
The commercial start-up of Turkey's new $6.3 billion oil refinery has been delayed until early next year and the plant…
Oil prices fell more than 2 percent on Tuesday after U.S. President Donald Trump put pressure on OPEC not to…
Tuesday, 13 November 2018 03:30

Sture oil export terminal operates as normal

Norway's Sture oil export terminal was operating as normal on Tuesday despite the nearby sinking of a shipwrecked navy vessel,…
Big Oil is today in a spending sweet spot as years of cost cuts and rising oil prices converge but…
Monday, 12 November 2018 05:34

Venezuela Hoping to Raise Oil Output

Venezuela is hoping to steeply raise oil output next year but will respect any new deal if OPEC agrees to…
Monday, 12 November 2018 05:20

Big Oil Spent 1% on Green Energy in 2018

Top oil and gas companies jointly spent around 1 percent of their 2018 budgets on clean energy, but investments by…
Oil prices rose on Monday after Saudi Arabia said OPEC and its partners believed demand was softening enough to warrant…
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