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Wednesday, 03 April 2019 05:02

Oil Hovers Near Five-Month Highs

Oil prices steadied on Wednesday after Brent pushed towards a nearly five-month high of $70 a barrel on OPEC-led supply…
U.S. President Donald Trump and the Saudi government have closely aligned views on most issues but they disagree significantly on…
Saudi Aramco was by far the world's biggest oil producer ahead of regional peers like Abu Dhabi National Oil Company…
Thursday, 28 March 2019 04:03

Trump Calls for OPEC to Boost Production

U.S. President Donald Trump on Thursday called for the Organization of the Petroleum Exporting Countries (OPEC) to boost oil production…
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…
Petrobras and Açu Petróleo (a partnership of Prumo Logística and Oiltanking) signed a contract to carry out ship to ship…
Exxon Mobil Corp expects high-sulfur fuel oil demand to fall 25 percent by 2025, as a new set of emission…
Monday, 25 March 2019 07:55

Oil Prices Near Flat

Oil prices were little changed on Monday as investors shrugged off fears of a global economic slowdown and focused on…
Monday, 25 March 2019 03:02

US Buyers Turn to Offshore Crude

U.S. sanctions on Venezuela's oil industry have made winners out of Royal Dutch Shell Plc and BP Plc, Gulf of…