KINGSTON, Jamaica (Bloomberg) --U.S. Secretary of State Rex Tillerson signaled the U.S. is closer to imposing sanctions on Venezuelas oil sector, raising the pressure on President Nicolas Maduro as his talks with opposition leaders remained...

NEW YORK (Bloomberg) --Oil pared some of its losses as a historic collapse in stock markets began to peter out. Futures were down 0.4% in New York after earlier falling as much as 1.6%. Blue-chip stocks wiped out about two months of gains o...

DUBAI (Bloomberg) --Saudi Arabia kept pricing for its main crude grade to Asia unchanged for a second month as the worlds largest crude exporter responds to slower seasonal demand. State-owned Saudi Arabian Oil Co., known as Saudi Aramco, s...

LONDON (Bloomberg) --Brent crude traded below $70/bbl as the specter of expanding U.S. supply was weighed against Wall Street banks growing faith in a price rally. The benchmark grade is on course to end the week lower, after being whipsawe...

DUBAI (Bloomberg) --OPEC likes to trumpet its record-breaking compliance with output cuts. Yet one of its largest members has been opening the taps and doesnt plan to scale back any time soon. Iraq shipped a record 3.55 MMbopd from Basra, t...

NEW YORK (Bloomberg) --Caribbean oil terminals hurt by dwindling Venezuelan supply and a market that encourages traders to pull oil out of tank may get a shot in the arm fromU.S. shale. Supply cuts by OPEC and its allies helped shrink globa...

NEW YORK (Bloomberg) --When President Donald Trump gives his State of the Union address Tuesday night, hell surely tout the sweeping U.S. tax overhaul approved by Congress last month. For the countrys oil explorers, the law should mean an a...

LONDON -- Jersey Oil Gas, an independent upstream oil and gas company focused on the UK Continental Shelf (UKCS) region of the North Sea, is pleased to announce that the co-venturers in respect of UKCS Licence P.2170 (Blocks 20/5b 21/1d) (P...

HONG KONG (Bloomberg) --Oilsurged to the highest level in more than three years as investors cheered a record run of declines in American crude stockpiles, showing resolve in the face of surging U.S. shale output. Futuresadded as much as 1....

SINGAPORE and SHANGHAI (Bloomberg) --Chinas General Administration of Customs just confirmed what liquefied natural gas industry insiders have been speculating for weeks: Theres a new No. 2 in town. China imported 38.1 million tons of LNG i...