TOKYO (Reuters) – Oil prices fell on Wednesday on concerns over how quickly fuel demand will recover even as lockdowns ease in many countries with falling coronavirus cases, with U.S.-China
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Oil prices fall 1% as glut weighs
NEW YORK (Reuters) – Oil prices opened about 1% lower on Sunday as a persistent glut continued to weigh on prices and the coronavirus pandemic eroded global oil demand even
Jet tanks targeted at Tripoli airport: oil company
TUNIS (Reuters) – Jet fuel tanks at Tripoli’s Mitiga airport were targeted in an attack on Saturday that caused a large fire, Libya’s National Oil Corp (NOC) said. Mitiga is
Iran's OPEC governor in coma after brain haemorrhage
(Reuters) – Iran’s OPEC Governor Hossein Kazempour Ardebili is in a coma after a “severe brain haemorrhage”, SHANA, the news site of the Iranian oil ministry, reported on Sunday. He
Colorado’s oil and gas country – and its people – suffer from twin hits to industry
Like many who make a living in Colorado’s oil fields, life has slowed to a crawl for Chris Golding, a mobile welder who makes repairs to rigs and pipelines throughout
Oil prices dive as world runs low on storage capacity while demand plunges
MELBOURNE / SINGAPORE (Reuters) – Oil prices slumped again on Tuesday amid concern about dwindling crude storage capacity worldwide and fears that fuel demand may only recover slowly once countries
Global oil supply to fall 6% by 2030 due to delayed projects: data
LONDON (Reuters) – Global oil supplies may be 6% less than expected by 2030 because of delays to investments by energy companies in response to falling crude prices due to
Exclusive: Argentina plans higher local oil price to protect sector amid rout – sources
BUENOS AIRES (Reuters) – Argentina plans to issue a decree setting a higher local oil barrel price to protect the domestic industry from being further decimated by crashing global prices
U.S. crude futures up more than $20, but still trade below zero
SEOUL (Reuters) – U.S. crude oil jumped more than $20 per barrel on Tuesday but still traded below $0 after plunging into negative territory for the first time in history,
Texas oil hearing stirs hornet's nest, as regulators offer no clue to decision
HOUSTON (Reuters) – Texas energy regulators listened as top energy executives on Tuesday backed a plan to cut the state’s output by 1 million barrels per day without tipping their