LONDON (Bloomberg) -- Oil traded near the lowest level in a month after a bigger-than-expected gain in American stockpiles overshadowed tensions between the U.S. and Saudi Arabia over a missing critic of the kingdom. Futures fell as much as...
NEW YORK (Bloomberg) -- Oil posted the biggest decline in two months after U.S. government data showed expanding crude stockpiles. Futures fell 3% in New York on Wednesday. Domestic crude inventories rose by more than twice the rate forecas...
NEW YORK (Bloomberg) -- Oil declined on concerns that U.S. crude stockpiles are expanding at a rate not seen since early 2017 as American drillers lift output to unprecedented levels. Futures fell as much as 1.1% in New York on Tuesday. Dip...
NEW YORK (Bloomberg) -- Oil surrendered most of its early gains after tensions appeared to ease between the U.S. and Saudi Arabia amid growing international outrage over the disappearance of one of the kingdoms most prominent critics. Futur...
SINGAPORE (Bloomberg) -- The world is pumping out more oil and other petroleum liquids than ever before. Global supply rose to 100.3 MMbpd in the third quarter, the International Energy Agency said Friday in its monthly oil market report. O...
JOHANNESBURG (Bloomberg) -- Higher oil prices may seem like the pot of black gold at the end of the rainbow for wildcat explorers in frontier plays. But even with talk that prices of $100/bbl could again be in sight, investors are wary befo...
NEW YORK (Bloomberg) -- This time it wasnt a tweet. President Donald J. Trump is again saying oil prices are too high, even after West Texas Intermediate crude dropped from a four-year high last week. I want more energy, because I dont like...
NEW YORK (Bloomberg) -- Oil producers in the Permian basin and elsewhere could soon find themselves facing the oilfield equivalent of trying to walk up the down escalator. The oil industry, and particularly the Permian, is in the midst of a...
LONDON (Bloomberg) -- Oil fell to the lowest in a week in London on renewed hopes the U.S. may soften the blow of sanctions on Irans crude exports, and as Saudi Arabia promised to fill any shortfall. Brent futures fell 1.3% to near $83/bbl,...
(Bloomberg) -- Saudi Arabias crown prince said hes getting close to striking a deal with Kuwait about two jointly owned fields that can produce half a million barrels a day of crude. We believe that we are almost close to having something w...
As the top petroleum exhibition in China, cippe has been working closely with WPC...