SINGAPORE (Bloomberg) -- The crash in crude prices may have nudged Kazakhstan toward its biggest wave of privatization in history, but its wealth fund is now willing to bide its time for a recovery in oil to take hold. Samruk-Kazyna, with a......【More】
2016-08-18NEW YORK (Bloomberg) -- The long decline in Venezuelas oil production is becoming a supply risk for international markets, according to a report by Columbia Universitys Center on Global Energy Policy. Exports from the holder of the worlds l......【More】
2016-08-17NEW YORK (Bloomberg Gadfly) -- As long as there are eager buyers of bridges, there will be willing sellers. Oil has rallied 8% over the past week or so on the pleasingly oxymoronic notion of a rekindled freeze. The big move came on Thursday......【More】
2016-08-16NEW YORK (Bloomberg) -- Oil climbed to its biggest weekly advance since April as Saudi Arabia signaled its prepared to discuss stabilizing markets at informal OPEC discussions next month after prices tumbled into a bear market. Futures rose......【More】
2016-08-15PARIS (Bloomberg) -- Global oil markets will continue to re-balance this year as a pick-up in demand from refiners absorbs record output from several Persian Gulf producers, the International Energy Agency predicted. Refiners around the wor......【More】
2016-08-12DUBAI (Bloomberg) -- Abu Dhabi National Energy Co., the government-controlled utility known as Taqa, reported a wider loss in the second-quarter as lower oil and natural gas prices crimped revenue. The shares fell for the first time this we......【More】
2016-08-11NEW YORK (Bloomberg) -- Hedge funds have gone all-in on lower oil prices, counting on seasonal weakness to play out again this year. Money managers increased wagers on declining crude prices to a record as futures dropped to the lowest in m......【More】
2016-08-10NEW YORK (Bloomberg) -- Oil traded near the highest in two-weeks as investors weighed whether OPEC members will be able to agree on any production limits when they hold informal talks in Algiers next month. Futures slipped 0.3% in New York......【More】
2016-08-09Libya starts work at biggest oil port in step to increase output By HATEM MOHAREB, SALMA EL WARDANY on 8/7/2016 RAS LANUF, Libya (Bloomberg) -- Libya has started maintenance work at Es Sider port, the nations largest oil export terminal, as......【More】
2016-08-08VIENNA, Austria (Bloomberg) -- Oils climb above $100/bbl before prices crashed in 2014 was driven by abnormal conditions that couldnt last, according to OPECs new Secretary-General. The skyrocketing of prices that pushed crude as high as $1......【More】
2016-08-05