Oil

Iraq plans to reduce crude oil exports from its southern ports in April to 2.4 million barrels per day (bpd), down from 2.65 [...]

Crude oil stored in barrels and tankers is seeping back into the global market. Traders who have been stashing supplies in [...]

March 9, 2015 // 4 Comments

Traders who have been storing oil since the start of the year are selling some supplies back into the market, completing a [...]

March 9, 2015 // 4 Comments

WITH oil prices expected at relatively low levels over the next two years, private investments are expected to come off the [...]

March 6, 2015 // 4 Comments

UOB Kay Hian Malaysia Research is maintaining its market weight for the oil and gas (O&G) sector since the share prices [...]

March 6, 2015 // 2 Comments

A dozen wells used to pump oil and gas in California’s Central Valley have been ordered to stopproduction to [...]

Oil closed lower on Thursday in volatile trade, as a soaring dollar and the U.S. pursuit of an Iranian nuclear deal offset [...]

March 5, 2015 // 2 Comments

OHIO – Industry representatives voiced opposition March 3 to Gov. John Kasich’s proposed tax increase on oil and [...]

The U.S. is pumping oil faster than at any time since 1972, and storage tanks are getting filled to the brim. U.S. oil [...]

March 5, 2015 // 2 Comments

Islamist militants are reported to have seized two oil fields in central Libya, as rival groups fight for control of the [...]