OIL

10,863 articles

Merkel in Ukraine to discuss conflict and gas
Nov 01, 2018 (AFP)
The one-day visit is her first since the signing of the Minsk accord in early 2015, which has so far failed to achieve its aim of bringing peace to eastern Ukra...
New study found deep sea chemical dispersants ineffective in Deepwater Horizon oil spill
Nov 01, 2018 (SPX)
A University of Miami (UM) Rosenstiel School of Marine and Atmospheric Science-led research team analyzed polycyclic aromatic hydrocarbons (PAHs), the most toxi...
Russia's new Siberian petrochemical giant looks to China
Oct 31, 2018 (AFP)
More than 2,000 kilometres (1,250 miles) east of Moscow, Tobolsk is the old Siberian capital known for the notorious jail that once held Russian literary giant ...
Crude futures turn around and rise after EIA shows gasoline drawdown
Oct 31, 2018 (UPI)
At around 9:49 a.m. EDT, West Texas Intermediate front-month crude futures traded at $65.86 per barrel, or down 0.5 percent, while Brent front-month traded at $...
Crude futures fall as traders get in position for inventory build-up
Oct 30, 2018 (UPI)
"The trade is looking for a crude oil inventory build. I would categorize this as a seasonal build as the extended driving season is finally over heading into t...
US fuel prices keep dropping, analysts disagree on when trend will reverse
Oct 30, 2018 (UPI)
The fuel price average "is the lowest since mid-September, but the cheaper gas prices may just be a temporary treat for motorists," said the AAA, which has 58 m...
Study reconciles persistent gap in natural gas methane emissions measurements
Oct 30, 2018 (SPX)
The Colorado State University-led study, published Oct. 29 in Proceedings of the National Academy of Sciences, resulted from a large, multi-institutional field ...
BP quarterly profits double on high oil prices
Oct 30, 2018 (AFP)
Bottom-line profit after tax surged to $3.35 billion (2.9 billion euros) in the three months to September, compared with $1.77 billion a year earlier, BP said i...
Rebel leader to attend peace ceremony in South Sudan
Oct 30, 2018 (AFP)
It will be the first time Machar has set foot in the city since he fled two years ago under a hail of gunfire when an earlier peace deal collapsed. Lam Paul Gab...
Crystals that clean natural gas
Oct 30, 2018 (SPX)
Upgrading natural gas in this way could help Saudi Arabia to make greater and cleaner use of its abundant natural gas supplies, which can contain high levels of...
Crude oil futures decline Monday as investors keep reducing oil exposure
Oct 29, 2018 (UPI)
Crude oil futures "are notably weaker as investors continue to grow concerns over global growth prospects, while the strength in the U.S. dollar has also added ...
Pemex crude production under 2M barrels per day as it continues to slip
Oct 29, 2018 (UPI)
According to the latest company earnings release, its total crude oil production was 1.827 million barrels per day. The company also reported that its refinerie...
Crude oil futures volatile Friday amid investor risk concerns
Oct 26, 2018 (UPI)
"If equities are selling off, the public is taking a risk off stance, pulling in their wallets and moving from a risk-on, the global economic expansion, to a ri...
Italy's ENI, France's Total increase production amid higher prices
Oct 26, 2018 (UPI)
Total, citing higher prices, said its "upstream is well positioned to profit from the increase in the oil price thanks to projected production growth in the ord...
Drought-hit Rhine forces Germany to tap oil reserves
Oct 26, 2018 (AFP)
The unusual move, ordered by official decree, will see Germany unlock reserves of gasoline, diesel and jet fuel to help affected regions along the mighty Rhine ...
ConocoPhillips paid $345M by Venezuela over 2007 expropriation
Oct 25, 2018 (UPI)
The Houston-based company said it "recognized cash and commodities totaling $345 million in the quarter, with the remainder of the approximately $500 million in...
Crude futures rise Thursday with 'little' more room for upside, analyst says
Oct 25, 2018 (UPI)
"There is no fundamental news out there ... just really a small, positive, shift in momentum that is seeing oil re-coup some of its recent heavy losses, Nichola...
Crude oil futures rise as EIA reports lower build-up than API
Oct 24, 2018 (UPI)
"The latest EIA crude oil inventory report showed a fifth consecutive build in U.S. oil stockpiles with a rise of 6.34 million barrels, higher than analyst esti...
New York AG sues ExxonMobil for misleading investors
Oct 24, 2018 (UPI)
A complaint filed in New York's Supreme Court said ExxonMobil for years told investors it was preparing for the probability of increasingly stringent regulation...
EIA: Brent at $75, Iran production down a million barrels a day in 2019
Oct 24, 2018 (UPI)
"The October Short-Term Energy Outlook assumes that the effects of sanctions will increase during the first few months of full implementation and that Iran's av...
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