SINGAPORE (Bloomberg) - Oil rose for a third session as an industry report showed American inventories shrank and as optimism over a partial U.S.-China trade deal grew. Futures rose as much as 0.7% in New York, extending gains as trading re......【More】
2019-12-27NEW YORK (Bloomberg) - Oil settled above $61/bbl amid light volume as U.S. President Donald Trump said a preliminary trade deal with China is done and ahead of government data expected to show another crude stockpile decline. Futures rose 1......【More】
2019-12-26CAIRO (Bloomberg) - Saudi Arabia and Kuwait agreed to resume oil production in a shared border region more than four years after halting output. The agreement allows the resumption of oil production from the joint fields, the Saudi energy m......【More】
2019-12-25SINGAPORE (Bloomberg) - Oil steadied after the biggest decline in three weeks on Friday as Kuwait aimed to reach a deal with Saudi Arabia that will restore crude output along their border, and U.S. shale explorers boosted drilling. February......【More】
2019-12-24NEW YORK (Bloomberg) - Oil steadied at the highest level since September after the U.S. government reported a surprise draw in crude inventories. Futures in New York hovered near $61 a barrel. Crude supplies are at the lowest level since ea......【More】
2019-12-20NEW YORK (Bloomberg) - China is breaking records for crude oil imports, and isnt likely to stop soon as new refineries ramp up and hopes grow that the easing of trade tensions with the U.S. will bolster the economy. Even as economic expansi......【More】
2019-12-18ABIDJAN, EQUATORIAL GUINEA (Bloomberg) - Equatorial Guinea forecasts investments of at least $1.4 billion in its hydrocarbon sector next year through the development of oil projects and an increase in exploration. The Organization of the Pe......【More】
2019-12-17OSLO (Bloomberg) - Norways oil lobby raised the investment forecast for the countrys offshore industry for the coming years, even if it still sees a sharp drop in 2021 amid a lack of big new projects. Oil and gas companies operating in Norw......【More】
2019-12-13HOUSTON (Bloomberg) - Chevron expects to write down as much as $11 billion in the fourth quarter, more than half of it from its Appalachia natural gas assets after a slump in prices. The U.S. oil major is considering the sale of its shale-g......【More】
2019-12-12CALGARY - Canacol Energy has successfully secured a 100% operated working interest in three new conventional gas exploration contracts in the recent bid round administered by Colombias hydrocarbon regulatory authority, the Agencia Nacional......【More】
2019-12-10