In major shift, U.S. now exports more oil than it ships in
(Reuters) – The United States last week exported more crude oil and fuel than it imported for the first time on record, according to data released on Thursday, the same…
Oil rally faces tidal wave of supply
(Reuters) – The oil market’s two-year bull run is running into one of its biggest tests in months, facing a tidal wave of supply and growing worries about economic weakness…
Trump says Mexico trade deal near; NAFTA hurdles seen easing
WASHINGTON (Reuters) – President Donald Trump said on Saturday that the United States could reach a “big Trade Agreement” with Mexico soon as the incoming Mexican trade negotiator signaled possible…
China finds second African swine fever case at WH Group plant
BEIJING (Reuters) – China found its second case of African swine fever (ASF) on Thursday at a slaughterhouse owned by WH Group Ltd’s Chinese unit, stirring concerns about the spread…
Halliburton sees moderate Permian growth on pipeline worries
(Reuters) – Shares of oilfield services provider Halliburton fell by more than 8 percent on Monday after the company warned of moderate growth in the oil and gas-rich Permian Basin…
Kinder Morgan to restart construction on Trans Mountain in August
(Reuters) – Kinder Morgan Canada Ltd said in a filing on Tuesday it is restarting construction in August on the Trans Mountain pipeline’s expansion after halting work in the spring…
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 from some of the world’s top energy exporters. “Looks like…
Saudi Aramco studying chemical plant addition at Port Arthur refinery: sources
HOUSTON (Reuters) – Saudi Aramco IPO-ARMO.SE is studying a multi-billion dollar plan to build a petrochemical plant at the Port Arthur, Texas, refinery operated by its subsidiary Motiva Enterprises LLC…