Energy Fuel shippers seek US review of 'excessive' Colonial Pipeline rates NEW YORK: Oil major Chevron, leading refiner Valero and Delta Air Lines have complained to the US energy watchdog about Published 08 Dec, 2017 11:05pm
Energy Speculators cut US crude oil net longs-CFTC NEW YORK: Hedge funds and money managers cut their bullish bets on US crude in the week to Dec. 5, the US Commodity Futu Published 08 Dec, 2017 10:57pm
Energy Oil rises over 1pc on threatened Nigeria strike, short covering NEW YORK: Oil prices climbed more than 1 percent on Thursday due to a threatened strike in Nigeria and as traders cover Published 08 Dec, 2017 12:07am
Energy Oil rises over 1 pct on threatened Nigeria strike, short covering NEW YORK: Oil prices climbed more than 1 percent on Thursday due to a threatened strike in Nigeria and as traders cover Published 07 Dec, 2017 09:18pm
Energy US crude exports reached 1.73 million bpd in Oct: US Census NEW YORK: US crude oil exports reached 1.73 million barrels per day in October compared with 1.47 million bpd in Septemb Published 06 Dec, 2017 09:21pm
Energy Oil hits 2-week lows as US fuel stock build signals easing demand NEW YORK: Oil fell 2 percent to the lowest in more than two weeks on Wednesday after a sharp rise in US inventories of r Published 06 Dec, 2017 09:08pm
Americas Energy Oil eases with Brent down $1 as market eyes US output NEW YORK: Oil fell more than 1 percent on Monday as the market saw signs of continuing US production increases, though p Published 04 Dec, 2017 09:55pm
Energy Brazil oil output slips in Oct as natural gas production rises RIO DE JANEIRO: Oil production in Brazil fell and natural gas output rose in October from the prior month, oil regulator Published 04 Dec, 2017 09:15pm
Energy US crude stocks fall, but gasoline, distillates up US crude oil stocks fell last week, led by the biggest fall in inventories at the Cushing, Oklahoma storage hub in eight Published 29 Nov, 2017 07:17pm
Energy Oil slips on OPEC deal uncertainty, rising US fuel inventories NEW YORK: Oil prices slipped to session lows on Wednesday in a volatile session buffeted by conflicting statements from Published 29 Nov, 2017 07:09pm
Energy US crude tops two-year high as Keystone outage continues to hit supply LONDON: US oil prices hit their highest levels in more than two years on Friday as the shutdown at North America's Keyst Published 24 Nov, 2017 09:55pm
Energy Mexico's Pemex battling fire near Madero refinery MEXICO CITY: Mexico's national oil company Pemex said on Wednesday it was helping to extinguish a gas-related fire close Published 22 Nov, 2017 11:31pm
Energy US crude pares gains, but lingers near 2-year high BOSTON: Oil pared gains on Wednesday after US crude stockpiles fell less than an industry group's expectations, but rema Published 22 Nov, 2017 11:15pm
Energy Oil eases as traders; investors grow edgy ahead of OPEC NEW YORK: Oil prices slipped on Monday, extending recent weakness ahead of an OPEC meeting next week, while a rally in t Published 20 Nov, 2017 10:48pm
Americas Energy As Venezuela pumps below OPEC target, oil rivals begin filling gap HOUSTON/DUBAI: As Venezuela's dilapidated energy sector struggles to pump enough crude oil to meet the country's OPEC ou Published 20 Nov, 2017 09:55pm
Energy Oil slips, as US supply threatens to undermine OPEC cuts NEW YORK: Oil prices edged lower on Thursday as rising US production and inventories threatened to undermine a rally spa Published 16 Nov, 2017 08:10pm
Energy Oil prices settle lower after US crude stocks rise NEW YORK: Oil prices dropped on Wednesday after the US government reported an unexpected increase in crude and gasoline Published 15 Nov, 2017 10:20pm
Energy Spain awarded 1.6bn euros over Prestige oil spill MADRID: A court awarded the Spanish state 1.6 billion euros ($1.9 billion) in damages on Wednesday over the 2002 Prestig Published 15 Nov, 2017 04:30pm
Energy Oil falls 2pc on rising US output, global demand concern NEW YORK: Oil prices fell 2 percent on Tuesday, headed for a third straight daily decline, on forecasts for rising US cr Published 14 Nov, 2017 11:51pm
Energy Norway's Statoil to pay $4mn US fine over swaps manipulation WASHINGTON: Statoil ASA will pay $4 million to settle US charges that the energy company tried to manipulate a key propa Published 14 Nov, 2017 10:50pm
Energy Venezuela oil output hits 28-year low: OPEC CARACAS/HOUSTON: Oil-dependent Venezuela's crude output dipped last month below 2 million barrels per day, its lowest le Published 13 Nov, 2017 09:45pm
Energy Oil steady near two-year highs, US supply increase caps rise NEW YORK: Oil prices held steady in a tight range Monday after briefly testing lower, with support from Middle East tens Published 13 Nov, 2017 09:21pm
Americas Energy Exxon Baton Rouge refinery CDU, coker may restart next week HOUSTON: ExxonMobil Corp plans to restart the 210,000 barrel-per-day (bpd) crude distillation unit (CDU) at its 502,500 Published 08 Nov, 2017 06:43pm
Energy Mexican oil regulator approves first withdrawal of contract MEXICO CITY: Mexico's oil regulator on Tuesday voted to begin the process of withdrawing an onshore contract, the first Published 07 Nov, 2017 09:28pm
Energy Oil surges 3pc, at highest since mid-2015 on Saudi purge NEW YORK: Oil prices rose 3 percent on Monday, hitting the highest since early July 2015, as Saudi Arabia's crown prince Published 06 Nov, 2017 08:15pm
Energy Shell Deer Park gasoline unit to resume output over weekend HOUSTON: Royal Dutch Shell Plc plans to return the gasoline-producing unit to production at its joint venture 325,700 ba Published 03 Nov, 2017 03:50pm
Energy Oil edges up to near 2-year highs as market tightens NEW YORK: Oil prices edged up on Thursday, steadying near two-year highs as the outlook remained upbeat as OPEC-led supp Published 02 Nov, 2017 07:45pm
Energy Venezuela arrests head of oil firm PDVSA's Bariven unit CARACAS: The head of Venezuelan oil company PDVSA's subsidiary Bariven was arrested this week, according to two sources Published 02 Nov, 2017 06:35pm
Energy Oil prices steady near 2-year highs as market tightens NEW YORK: Oil prices steadied near two-year highs on Thursday as some investors booked profits, traders said, but the ma Published 02 Nov, 2017 05:40pm
Americas Energy US gasoline demand rises modestly in August NEW YORK: US gasoline demand rose by a modest 0.9 percent in August compared with last year, the fourth increase in the Published 31 Oct, 2017 07:53pm