Crude L.A.: California’s Urban Oil Fields
For nearly four months, the Aliso Canyon methane leak just north of Los Angeles spewed several thousand metric tons of…
OPEC agrees modest hike in oil supply after Saudi and Iran compromise
VIENNA (Reuters) – OPEC agreed on Friday on a modest increase in oil production from next month after its leader…
Asian shares edge ahead, oil subdued before OPEC meeting
SYDNEY (Reuters) – Asian shares crept ahead on Thursday as a lull in the Sino-U.S. trade tussle and talk of…
World shares snap five-day losing streak on China policy easing
LONDON (Reuters) – World stocks steadied near three-week lows on Wednesday and Chinese markets bounced after recent sharp falls as…
Asian shares fall as Sino-U.S. trade spat intensifies
TOKYO (Reuters) – Asian shares retreated on Monday after U.S. President Donald Trump cranked up trade tensions with China by…
Oil prices dip on unexpected growth in U.S. crude stocks
SEOUL (Reuters) – Oil prices dropped on Thursday, weighed down by a surprise rise in U.S. crude inventories and by…
Shares fall on Italian turmoil, euro near 6-1/2 month lows
SYDNEY (Reuters) – Asian shares fell on Tuesday and the euro hovered near 6-1/2 month lows as early elections loomed…
Oil falls as OPEC, Russia look to raise output amid U.S. surge
SINGAPORE (Reuters) – Oil prices fell on Monday, extending even steeper declines from Friday, as Saudi Arabia and Russia said…
Oil prices fall as top three producers look to boost supplies
SINGAPORE (Reuters) – Oil prices fell on Monday, extending a steep decline in the previous session, as the market eyed…
As clock ticks, doubts grow over Kinder Morgan’s Canada oil pipe expansion
VANCOUVER/WINNIPEG, Manitoba (Reuters) – As a hard deadline set by Kinder Morgan Canada Ltd (KML.TO) for scrapping a key pipeline…
Oil output could return to October 2016 level, says Russia’s Novak
MOSCOW (Reuters) – A return to the oil production levels that were in place in October 2016, baseline for the…
Return to pre-deal oil output levels possible, says Russia’s Novak
MOSCOW (Reuters) – A return to the oil production levels that were in place prior to the 2016 deal to…
Mexican Oil and Drug Cartels: Cocaine & Crude (Full Length)
Watch more here: http://bit.ly/2wMCWhh VICE founder Suroosh Alvi travels to Mexico to see the effects of cartel oil theft firsthand.…
China signals to state giants: ‘Buy American’ oil and grains
SINGAPORE/BEIJING (Reuters) – China will import record volumes of U.S. oil and is likely to ship more U.S. soy after…
China relieved, U.S. business ambivalent over easing of trade tensions
BEIJING (Reuters) – China’s government on Monday praised a significant cooling of trade tensions with the United States, saying agreement…
China relieved U.S. trade war is ‘on hold’; U.S. business ambivalent
BEIJING (Reuters) – China on Monday praised a significant dialing back of trade tension with the United States, with the…
China praises positive steps in U.S. trade row, says didn’t give in
BEIJING (Reuters) – Chinese state media on Monday praised a significant dialing back of trade tension with the United States,…
Exclusive: BP chief sees shale, OPEC cooling oil markets
LONDON (Reuters) – BP (BP.L) Chief Executive Bob Dudley expects a flood of U.S. shale and the reopening of OPEC…
Oil Dip: Prices tumble to 3 month low on Iran deal news
Oil prices have tumbled to a three-month low on news of the agreement with Iran. For more RT is joined…
Oil prices firm on OPEC cuts, strong demand and looming Iran sanctions
SINGAPORE (Reuters) – Oil prices held firm on Friday on strong demand, ongoing supply cuts led by producer cartel OPEC…
Asia stocks edge higher, investors cautious on U.S.-China trade talks
TOKYO (Reuters) – Asian stocks edged up on Friday as investors kept a cautious watch on developments in U.S.-China trade…
Government borrowing costs rise as oil heads back to the 80s
LONDON (Reuters) – The dollar took a breather at a five-month high on Thursday, though government borrowing costs continued to…
Maersk says U.S. sanctions make doing business in Iran impossible
COPENHAGEN (Reuters) – The world’s largest container shipping firm A.P. Moller-Maersk (MAERSKb.CO) said Thursday it would shut down its business…
Asia oil thirst tab $1 trillion a year as crude rises to $80
SINGAPORE/MUMBAI (Reuters) – Oil prices are poised to break through $80 per barrel and Asia’s demand is at a record,…
Asian shares inch higher; euro tries to shake off Italian political risk
SINGAPORE (Reuters) – Asian shares edged higher on Thursday while the euro gained some respite after hitting five-month lows a…
Asian shares steady; euro hampered by Italian political risk
SINGAPORE (Reuters) – Asian shares held steady on Thursday, while the euro struggled near five-month lows set a day earlier…
Italian stocks slide, dollar powers on to new 2018 high
LONDON (Reuters) – Italian stocks slid on Wednesday after reports that the two parties seeking to form Italy’s next government…
Asian shares lower as North Korea suspends talks, U.S. yields shoot higher
SHANGHAI (Reuters) – Asian markets fell in early trade on Wednesday after Pyongyang called off talks with Seoul, throwing a…
Oil cautious on rise in U.S. drilling, Iran sanctions opposition
SINGAPORE (Reuters) – Oil prices edged lower on Monday as a relentless rise in U.S. drilling activity points to increased…
Conoco has seized Venezuela PDVSA products from Isla refinery: Curacao
(Reuters) – U.S. oil major ConocoPhillips (COP.N) has seized products belonging to Venezuelan state oil company PDVSA from the Isla…
Conoco authorized to seize $636 million in Venezuela PDVSA assets
WILLEMSTAD Reuters – – A Curacao court has authorized ConocoPhillips (COP.N) to seize about $636 million in assets belonging to…
U.S. East Coast refiners look to Texas crude for discounted oil
NEW YORK (Reuters) – U.S. East Coast refiners are shipping more shale oil from the Gulf Coast thanks to heavy…
Exclusive: Qatar Petroleum CEO says pushing ahead with expansion despite Gulf embargo
DOHA (Reuters) – State energy giant Qatar Petroleum will push ahead with its production expansion and foreign asset acquisition strategy…
Conoco moves to take over Venezuelan PDVSA’s Caribbean assets: sources
HOUSTON/CARACAS (Reuters) – U.S. oil firm ConocoPhillips (COP.N) has moved to take Caribbean assets of Venezuela’s state-run PDVSA to enforce…
World shares hemmed in by dollar and Fed rate expectations
LONDON (Reuters) – World stocks inched higher on Wednesday after two days of losses but remained pinned down by the…
Marathon to become top U.S. refiner with $23 billion Andeavor buy
(Reuters) – Marathon Petroleum Corp (MPC.N) agreed to buy rival Andeavor (ANDV.N) for more than $23 billion in the largest-ever…
OPEC April oil output hits year low on Venezuela slide: Reuters survey
LONDON (Reuters) – OPEC oil output fell in April to a one-year low due to declining production in Venezuela and…
Asian shares edge higher as tensions ease, earnings rise
SYDNEY (Reuters) – Asian shares rose again on Monday as tensions in the Korean Peninsula eased and first-quarter earnings shone,…
Saudi Aramco appoints first woman to the board
DUBAI (Reuters) – State run Saudi Aramco, the world’s top oil company, said on Sunday it has appointed five new…
U.S debt deluge lifts bond yields to four-year high, Asia stocks down
TOKYO (Reuters) – Asian stocks slipped and the U.S. dollar advanced on Tuesday, as a deluge of U.S. government debt…
Asia stocks struggle with rising yields; oil stays high
SYDNEY (Reuters) – Asian stocks dipped on Monday as investors braced for a bevy of earnings from the world’s largest…
Trump rails against high oil prices, OPEC pushes back
WASHINGTON/JEDDAH, Saudi Arabia (Reuters) – U.S. President Donald Trump accused OPEC on Friday of “artificially” boosting oil prices, drawing rebukes…
Asian shares edge ahead with Wall Street, but China lags
SYDNEY (Reuters) – Asian shares crept ahead on Wednesday after Wall Street took heart from upbeat corporate earnings, though nagging…
Exclusive: OPEC, Russia consider 10-20 year oil alliance – Saudi Crown Prince
NEW YORK (Reuters) – OPEC and Russia are working on a long-term deal to cooperate on oil supply curbs that…
Shares in the red as nervous markets await Fed
SYDNEY (Reuters) – Asian share markets slipped into the red on Monday as caution gripped investors in a week in…