US sharply raises shale oil drilling count but not output forecast
By Stephanie Kelly NEW YORK U.S. oil producers were much more active last year in the prolific Permian
2023-05-18 04:51
Russian Refineries Send Record Fuel-Oil Flows to China in May
Russia’s fuel-oil suppliers are on track for record exports to China this month as smaller refineries in the
2023-05-17 11:23
Oil dips on demand worries after unexpected U.S. crude build
By Katya Golubkova TOKYO Oil prices fell for a second day on Wednesday after a surprise rise in
2023-05-17 08:47
Oil Edges Lower as Concerns Over China’s Recovery Cloud Outlook
Oil edged lower as China’s lackluster recovery overshadowed a bullish outlook from the International Energy Agency and positive
2023-05-17 08:29
Fires Rage in Canada’s Main Energy Hub, Threatening Region’s Oil Production
Shifting fires across Canada’s main energy-producing province are prompting drillers to throttle back production once again — more
2023-05-17 06:29
Petrobras Eases Fears of Fuel Intervention in Policy Shift
Brazilian oil giant Petrobras is shielding domestic consumers from volatile global fuel-market gyrations, bowing to pressure from President
2023-05-17 06:28
Ukraine Latest: Fighting Around Bakhmut Shifts Lines of Control
Ukraine said its forces advanced in the suburbs around the eastern city of Bakhmut in heavy fighting, even
2023-05-17 02:23
Oil Demand to Rise More Than Expected on China, IEA Says
Global oil demand will climb more strongly than previously estimated this year as a post-pandemic rebound in China
2023-05-16 19:47
Oil Majors Face Call for $12 Billion to Fix Nigeria Damage
Oil companies including Shell Plc and Eni SpA should pay $12 billion to repair environmental devastation in Nigeria’s
2023-05-16 15:20
Sumitomo Mitsui Rules Out Funding $5 Billion Uganda Oil Pipeline
Sumitomo Mitsui Financial Group Inc. said it isn’t financing an oil pipeline in East Africa, joining a growing
2023-05-16 14:16
The Popsicle That’s Taking Over the Middle East
In Dubai, there are traps set for parents across town — in malls, at beaches and five-star resorts
2023-05-16 12:47
Oil prices extend gains on US plans to refill reserve, Canada's wildfires
By Yuka Obayashi TOKYO Oil prices rose for a second day early on Tuesday, as U.S. plans to
2023-05-16 09:57