OIL

10,863 articles

Dept. of Transportation sued for failure to release fuel standards plan
Dec 20, 2018 (UPI)
"EDF is going to court to enforce the American people's right to know what's driving the Trump administration's attacks on our nation's clean car and freight tr...
Crude oil prices nearly flat after selloff as investors move to bonds
Dec 19, 2018 (UPI)
As of 8:43 a.m. EST West Texas Intermediate front-month future prices were barely 0.2 percent higher at $46.71 per barrel while Brent was unchanged at $56.30 pe...
Indigenous Argentine group sues energy multinationals
Dec 17, 2018 (AFP)
The Mapuche are suing American giant Exxon, French company Total and the Argentina-based Pan American Energy, which is part owned by BP. Two more Argentine oil ...
Qatar buys stake from Eni to share in Mexico's Campeche field
Dec 17, 2018 (UPI)
"This is the second presence for Qatar Petroleum in Mexico. At the end of January 2018, Qatar Petroleum won exploration rights in five offshore blocks in the Pe...
AAA sees fuel price declines through end of year
Dec 17, 2018 (UPI)
"With gasoline production on the high side -- 10 million barrels per day -- amid low demand, motorists can expect gas prices to continue declining through year-...
Oil prices little changed as bearishness lingers
Dec 17, 2018 (UPI)
As of 8:27 a.m. EST, West Texas Intermediate future prices rose 0.3 percent to $51.36 per barrel, while Brent crude oil prices were 0.6 percent higher to $60.62...
Crude oil sell-off resumes, prices break important psychological levels
Dec 17, 2018 (UPI)
As of 8:00 a.m. EST West Texas Intermediate front-month futures traded at $48.93 per barrel, or 2.5 percent lower, while Brent front-month futures traded at $58...
Iran deal, Saudi murder: Turbulent year shakes up Middle East
Dec 14, 2018 (AFP)
In another turbulent year for the tinderbox region, Syrian leader Bashar al-Assad appeared ever more powerful and Washington's promised Israeli-Palestinian peac...
Russian planes go home after controversial Venezuela wargames
Dec 14, 2018 (AFP)
"With the takeoff of the Tu160 'White Swans' we say goodbye to our Russian Federation friends," Venezuela's air force said on Twitter. It said the exercises pro...
Oil prices flat after China report weighs on cuts
Dec 14, 2018 (UPI)
West Texas Intermediate front-month traded at $52.48 per barrel as of 8:37 a.m. EST, down 0.2 percent, while Brent front-month traded at $61.29, or 0.3 percent ...
Nigeria oil output may rise 60 percent by 2020
Dec 14, 2018 (UPI)
"If we work hard enough by the end of 2019, and 2020, we ought to begin to see Nigeria's production rise from the usual 1.8 million to 2.0 million barrels, up t...
Mention of 'fossil fuels' cut from videos at UN climate talks
Dec 14, 2018 (AFP)
AFP has obtained emails sent by the United Nations to NGOs asking them to remove frames referring to "dirty energy" and "pipelines", claiming that they breached...
Gazprom and Lukoil to jointly develop two Arctic fields
Dec 13, 2018 (UPI)
Alexey Miller, chairman of the Gazprom Management Committee, and Lukoil President Vagit Alekperov, met to discuss the development of the "Vaneyvisskoye and Laya...
Oil prices down as bear market drags after brief relief
Dec 13, 2018 (UPI)
West Texas Intermediate crude oil future prices fell 1.1 percent to $50.61 per barrel as of 8:40 a.m. EST, while Brent crude oil futures declined 0.8 percent to...
Stennis, Essex perform joint exercises in Arabian Sea
Dec 13, 2018 (UPI)
The U.S. Navy's Stennis and Essex groups were also supporting Operation Freedom's Sentinel, meant to support ground operations and help provide the basis of a p...
Saudi climate record in spotlight at UN summit
Dec 13, 2018 (AFP)
Negotiations between nearly 200 nations aimed at charting mankind's path away from runaway global warming were thrown into tumult at the weekend when Saudi Arab...
Iran to see if CNPC breaks giant gas field accords
Dec 13, 2018 (UPI)
"We will make a decision based on regulations if it happens," Iranian Oil Minister Bijan Zangeneh said Thursday during a television interview, as reported by Ir...
OAS expresses 'greatest concern' over Venezuela-Russia wargames
Dec 13, 2018 (AFP)
A statement from the body's General Secretariat said it noted news from Caracas of "the possibility that aircraft capable of using nuclear weapons from Russia a...
Mexico delays bidding for some Pemex partners, cancels two other bids
Dec 12, 2018 (UPI)
The delay, announced Tuesday, followed a request by the country's Energy Department "to review the reach of said bidding process, and advances in contracts for ...
Crude oil prices rise on anticipation of inventory reduction, following cuts
Dec 12, 2018 (UPI)
West Texas Intermediate front-month future prices rose 1.8 percent to $52.59 per barrel as of 7:00 a.m. EST while Brent crude oil futures gained 1.6 percent to ...
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