NEW YORK (Bloomberg) --The U.S. may challenge Saudi Arabia and Russia in the next two years in the race to become the worlds largest oil producer. U.S. output will rise to 10 MMbpd as soon a.........
see more >>WASHINGTON -- API welcomed the Interior Departments new proposal for a five-year offshore oil and natural gas leasing plan to allow greater access to energy resources in the U.S. Outer Conti.........
see more >>LONDON (Bloomberg) --Will Saudi Arabia and Russia maintain their grip on production, or could they succumb to another surge in U.S. shale? Is it possible for the economic collapse of a major.........
see more >>DUBAI (Bloomberg) --For as long as Gulf economies rely on oil, crude will be a factor in determining how investors trade regional markets. But right now, politics is king. In the past 12 mon.........
see more >>CAIRO (Bloomberg) --Libyas oil industry revival suffered a setback Tuesday after an explosion at a pipeline carrying crude to the OPEC nations biggest export terminal. Oil rallied as a resul.........
see more >>BAGHDAD (Bloomberg) --Iraqs Oil Minister Jabbar Al-Luaibi said hes optimistic crude prices will rise in 2018, with global stockpiles falling and demand on the rise in China and India. I am v.........
see more >>SINGAPORE and SYDNEY (Bloomberg) --Chinas self-inflicted heating crisis this winter signals deeper seasonal price swings that may be a boon for liquefied natural gas traders. The arrival of .........
see more >>DUBLIN -- United Oil Gas Plc, the London Stock Exchange listed oil and gas exploration and development company, is pleased to announce the Podere Maiar 1 (PM1) well at Selva gas field in the.........
see more >>NEW YORK, Dec. 18 (Xinhua) -- Oil prices settled mixed Monday as traders eyed an oil-worker strike in Nigeria. The West Texas Intermediate for January delivery decreased 0.14 U.S. dollar to .........
see more >>NEW YORK (Bloomberg) --Crude edged lower as an oil-worker strike in Nigeria was suspended and the time line for fixing a key North Sea pipelinedidnt worsen. Futures traded in a 96-cent range.........
see more >>NEW YORK, Dec. 15 (Xinhua) -- Oil prices settled mixed on Friday as investors turned their attention to climbing U.S. output. The West Texas Intermediate for January Delivery added 26 U.S. c.........
see more >>NEW YORK, Dec. 12 (Xinhua) -- Oil prices retreated on Tuesday after surging over one percent in the previous session. The West Texas Intermediate for January Delivery lost 0.85 dollar to set.........
see more >>HONG KONG and LONDON (Bloomberg) --Oil held steady as U.S. drilling expanded and two OPEC nations signaled the group may phase out production cuts if the market improves by the middle of the.........
see more >>NEW YORK, Dec. 7 (Xinhua) -- Oil prices rose more than 1 percent on Thursday, as investors covered short positions after sharp losses in the previous session. The West Texas Intermediate for.........
see more >>CAIRO and LONDON (Bloomberg) --OPEC appeared to score a diplomatic coup last week by persuading Libya, its most troubled member, to accept production limits. In reality, the agreement probab.........
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