Singapore — 0246 GMT: Crude oil futures rose during mid-morning trade in Asia Feb. 3 after the American Petroleum Institute reported a large draw in US crude inventories, underscoring the bullish sentiment being fostered by improved […]
Oil shipments from OPEC’s Persian Gulf producers slipped last month, even as output restrictions were eased and production volumes increased. Combined shipments of crude and condensate — a light form of oil extracted from gas fields — from Saudi […]
Market Watch – ConocoPhillips COP, 2.65% said Tuesday it had a net loss of $800 million, or 72 cents a share, in the fourth quarter, after earnings of $700 million, or 65 cents a share, in the […]
ENB Publishers Notes: Bulls ARE BACK IN TOWN baby as crude pushes for $55 off improved supply/demand outlook Singapore — 0323 GMT: Crude oil futures rose mid-morning in Asia Feb. 2 on the back of an […]
February off to a good start with broad indices rising behind more heavy retail trading and a shake off from Friday’s trading session. S&P 500: 78% Nasdaq: 60% Dow Jones: 23% “The return of volatility […]
Oxy Low Carbon Ventures, a subsidiary of Occidental Petroleum, delivered 2 million barrels of “carbon-neutral oil” to Reliance Industries in India, it said late Jan 28. The US company said it was the energy industry’s […]
Energy News Beat Publishers Note: This is great news if they do hit the compliance numbers. My question is how do we know that the large volumes being shipped to China in unregistered tankers is […]
The chief executives of Exxon Mobil Corp. XOM -2.65% and Chevron Corp. CVX -4.29% spoke about combining the oil giants after the pandemic shook the world last year, according to people familiar with the talks, testing the waters for what could be one of the […]
Saudi Crown Prince Mohammed bin Salman said Thursday the kingdom will sell more shares of energy giant Aramco in the coming years, following the world’s biggest public listing in 2019. “There will be Aramco share […]
American oil executives began a pushback against some of President Joe Biden’s climate policies by making the case that fossil fuels from U.S. shale have a lower carbon footprint than imports. Since taking office this […]
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