NEW YORK (Bloomberg) --U.S. oil companies curtailed activity for the first time since January as escalating output from shale fields stunted a recovery in crude prices. Operators idled four .........
see more >>VANCOUVER, B.C. -- Africa Oil Corp. has announced that it has completed the previously announced (Feb. 7, 2018) investment in Impact Oil and Gas Limited, a private UK company with exploratio.........
see more >>HOUSTON (Bloomberg) --Soaring demand is the main reason for the rebound in oil prices -- but if the economy falters, crude could tumble back to $40/bbl, according to ExxonMobil Corp. Cuts by.........
see more >>CAIRO and LONDON (Bloomberg) --PetroChina Co. agreed to an annual contract to buy Libyan crude after similar deals by oil majors like Royal Dutch Shell Plc and BP Plc, underscoring a recover.........
see more >>MEXICO CITY (Bloomberg) --Industry observers have serious doubts about the Mexican presidential front-runners plan to build new refineries that could cost $6 billion to $10 billion. Leftist .........
see more >>LONDON (Bloomberg) --For all the talk of aging oil fields and shrinking production, the UK is about to achieve a surprising feat:its on the brink of becoming a net crude oil exporter for the.........
see more >>LONDON (Bloomberg) -- Oil headed for a second weekly increase as a surprise pullback in U.S. crude inventories compounded signs that a global glut is easing. Futures in New York are up 1.7% .........
see more >>DUBAI (Bloomberg) --A Libyan oil field halted production due to a labor dispute, underscoring the still-fragile nature of the North African countrys recovery from a domestic conflict. The co.........
see more >>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.........
see more >>BEIJING 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 .........
see more >>SINGAPORE (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 i.........
see more >>NAIROBI (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 e.........
see more >>KINGSTON, 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 Ma.........
see more >>NEW 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.........
see more >>DUBAI (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-own.........
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