Mitsubishi Unit Expects $320 Million Loss on Rogue Oil Trades BloombergMitsubishi Corp. said a rogue oil trader at its Singapore unit has lost the company $320 million in unsanctioned derivatives deals. Read more https://www.bloomberg.com/news/a …
Oil heads for 7% weekly gain after Saudi attacks Yahoo FinanceLONDON/SINGAPORE (Reuters) - Oil prices were on track for their biggest weekly jump since January, lifted by rising Middle East tensions after a key Saudi ... Read more https://financ …
How New Technology Is Revolutionizing Oil & Gas | OilPrice.com OilPrice.comAfter years of lagging behind other industries, the oil and gas sector has finally embraced modern technological innovations in order to increase efficiency. Read more h …
Permian 'Child' Wells May Cut Oil Recovery By 20%, Bank Says BloombergOil producers drilling so-called parent-child wells in the Permian Basin are risking the loss of 15% to 20% of the crude that can ultimately be recovered from ... Read more ht …
Mohammed bin Salman attended camel festival as oil facility burned Middle East EyeCrown prince and other Gulf dignitaries watched camel racing even as country was facing attacks that set oil facilities ablaze. Read more https://www.middleeastey …
Drone Attacks on Saudi Oil Facilities Bloomberg10 explosive drones, claimed by Houthi rebels in Yemen, attacked the world's biggest oil processing plant in Saudi Arabia, disrupting the heart of the kingdom's ... Read more https://www.bloomberg.c …
Maine heating oil prices drop to lowest point in 2 years Press HeraldAUGUSTA — A Maine survey indicates heating oil prices are dropping to the lowest level in nearly two years — good news for consumers as the heating season ... Read more https: …
Big Oil Is Down, But Not Out | OilPrice.com OilPrice.comAccording to the IEA, oil prices are in for a nasty ride as the glut is only going to get worse next year. While there may have been some optimism on the oil price ... Read more https://oi …
India's August palm oil imports jump to 11-month high: trade body Yahoo FinanceIndia's palm oil imports in August rose 5% from a month earlier to an 11-month peak as lower prices prompted refiners to lift purchases for peak festive season, ... R …
Petronas to provide LNG bunkering early next year Hellenic Shipping News WorldwidePetroliam Nasional Bhd (Petronas) is ready to provide commercial liquefied natural gas (LNG) bunkering services by January 1, 2020, in support of the. Read more ht …