SINGAPORE (Bloomberg) -- Even Saudi Arabia wants in on the U.S. oil boom. The kingdoms state oil firm considered the possibility of sending American crude to Asia in February via a U.S. unit before determining it wasnt economically viable,......【More】
2018-02-23BEIJING and SHANGHAI (Bloomberg) --After a wait of about a quarter of a century, the worlds biggest oil buyer is finally getting its own crude-futures contract. In a challenge to the worlds dollar-denominated oil benchmarks Brent and West T......【More】
2018-02-12SINGAPORE (Bloomberg) --Oil headed toward its worst week in almost a year as the global risk-asset rout further rankled investors already concerned over growing U.S. supply. Futures traded in New York are on track to post a 7.5% slump this......【More】
2018-02-11NAIROBI (Bloomberg) --Kenya halved the amount of revenue it will distribute to local communities once commercial oil production starts, setting up a potential dispute with residents of its economically deprived northern Turkana region. The......【More】
2018-02-09KINGSTON, Jamaica (Bloomberg) --U.S. Secretary of State Rex Tillerson signaled the U.S. is closer to imposing sanctions on Venezuelas oil sector, raising the pressure on President Nicolas Maduro as his talks with opposition leaders remained......【More】
2018-02-08NEW YORK (Bloomberg) --Oil pared some of its losses as a historic collapse in stock markets began to peter out. Futures were down 0.4% in New York after earlier falling as much as 1.6%. Blue-chip stocks wiped out about two months of gains o......【More】
2018-02-07DUBAI (Bloomberg) --Saudi Arabia kept pricing for its main crude grade to Asia unchanged for a second month as the worlds largest crude exporter responds to slower seasonal demand. State-owned Saudi Arabian Oil Co., known as Saudi Aramco, s......【More】
2018-02-06LONDON (Bloomberg) --Brent crude traded below $70/bbl as the specter of expanding U.S. supply was weighed against Wall Street banks growing faith in a price rally. The benchmark grade is on course to end the week lower, after being whipsawe......【More】
2018-02-05DUBAI (Bloomberg) --OPEC likes to trumpet its record-breaking compliance with output cuts. Yet one of its largest members has been opening the taps and doesnt plan to scale back any time soon. Iraq shipped a record 3.55 MMbopd from Basra, t......【More】
2018-02-02NEW YORK (Bloomberg) --Caribbean oil terminals hurt by dwindling Venezuelan supply and a market that encourages traders to pull oil out of tank may get a shot in the arm fromU.S. shale. Supply cuts by OPEC and its allies helped shrink globa......【More】
2018-02-01