NEW YORK (Bloomberg) --As the price of oil goes, so goes Williston, North Dakota. Now, though, the community located deep in the states Bakken shale play is working to break free from the in.........
see more >>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.........
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