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Oil touches $70 as supply disruption fears grow

SINGAPORE (Bloomberg) - Oil extended its dramatic surge, surpassing $70 a barrel in London for the first time since September, as Middle East tensions flared af.........【More】

2020-01-07

Oil extends gains on U.S. inventory decline, trade deal optimism

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 de.........【More】

2019-12-27

Saudi Arabia, Kuwait agree to resume oil output at shared fields

CAIRO (Bloomberg) - Saudi Arabia and Kuwait agreed to resume oil production in a shared border region more than four years after halting output. The agreement a.........【More】

2019-12-25

Oil steadies after biggest loss in three weeks on supply outlook

SINGAPORE (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 crud.........【More】

2019-12-24

Oil steadies at three-month high after surprise U.S. crude draw

NEW 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.........【More】

2019-12-20

China breaks global record for oil imports, and the numbers are still growing

NEW 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.........【More】

2019-12-18

Equatorial Guinea expects $1.4 billion in oil investments in 2020

ABIDJAN, EQUATORIAL GUINEA (Bloomberg) - Equatorial Guinea forecasts investments of at least $1.4 billion in its hydrocarbon sector next year through the develo.........【More】

2019-12-17

Norway’s oil lobby raises spending forecasts for 2020 and beyond

OSLO (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 .........【More】

2019-12-13

Canacol Energy wins three new Colombian gas exploration blocks

CALGARY - Canacol Energy has successfully secured a 100% operated working interest in three new conventional gas exploration contracts in the recent bid round a.........【More】

2019-12-10

Saudis offer carrot and stick to get OPEC to defend oil prices

VIENNA (Bloomberg) - Saudi Arabia, the dominant force in OPEC, is using both carrot and stick to talk other members of the oil cartel into defending prices at T.........【More】

2019-12-09