ENB Publisher Note: OPEC cuts can’t keep new China virus markets spoof CL prices to open the weekend. Remember, NYSE closed so no trading active on the equities side. Singapore — 0310 GMT: Crude oil futures […]
Because of its long-standing position as the biggest member of the “Big Oil” club, ExxonMobil XOM -4.8% is a company many love to hate. So, stories about ExxonMobil’s woes generate a lot of schadenfreude, and hence a lot […]
The tender is seeking cargoes delivered 1-10 April to the Paradip terminal on the eastern coast of India and includes various grades from North America, Latin America, west Africa and the Mideast Gulf. US crude […]
Halliburton has announced that it has delivered the first electric grid-powered fracturing operation in the Permian basin as the industry explores different ways to reduce carbon emissions. Since November, the company has performed the work […]
LONDON: Energean announced on Thursday it will develop a new natural gas field off the coast of Israel at an initial cost of $150 million. Energean also said it had signed an 18-month, $700 million loan facility with J.P. […]
Buy the rumor, sell the news as markets fall flat with Biden proposed $1.9 trillion stimulus. The Dow Jones Industrial Average traded 89 points lower, or 0.3%. The S&P 500 dipped 0.4%, and the Nasdaq […]
The Securities and Exchange Commission launched an investigation of Exxon Mobil Corp. XOM 3.90% after an employee filed a whistleblower complaint last fall alleging that the energy giant overvalued one of its most important oil and gas properties, according to […]
China’s total crude oil imports surged 7.3% in 2020 despite the coronavirus shock earlier in the year, with record arrivals in the second and third quarters as refineries expanded operations and low prices encouraged stockpiling, data showed […]
ENB Publishers Note: Do we see $54? Two touches, but no continuation move through. If we can get a bullish rig report, look out for a a break of that resistance line. New York — Crude […]
Iraq announced two deals with countries that Iran hopes can be gradually moved further into its sphere of influence. One of the two, Lebanon, is already seen by Tehran as a key player in the […]
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