Saudi Arabia is reportedly mulling 'nuclear option' of stripping the US dollar from oil trade CNBCThe U.S. dollar is the dominant currency in oil trading, but Saudi Arabia is reportedly considering selling its crude in other currencies if Americ …
Buhari's Second Chance at Oil and Gas Reform in Nigeria Chatham HouseThe president's first term fell short of the changes needed to modernize the sector. Can he make headway in his second? Read more https://www.chathamhouse.org/expert/comment/b …
Stocks in Asia mixed as investors await US-China trade developments CNBCShares in Asia were muted on Thursday afternoon as investors watched ongoing negotiations between the U.S. and China, with the two economic powerhouses ... Read more https:/ …
East Texas native produces film about oil industry in Texas KLTVHouston Hill grew up in East Texas and is now back for a special reason. 'The Iron Orchard' is a film produced by Hill, based on the 1966 novel with the same ... Read more http://w …
Norway’s oil fund sells half its €1bn stake in VW after clashes Financial TimesWorld's biggest sovereign fund revealed the move in a list of holdings. Read more https://www.ft.com/content/4d8529d8-3aa6-11e9-b72b-2c7f526ca5d0
US Oil Imports Fall to Lowest Since 1996, Production Hits High BloombergThe U.S. imported the least amount of crude oil on a weekly basis in 23 years, as OPEC-members Saudi Arabia and Venezuela cut their shipments to unusually ... Read more http …
Iran Buys Indian Sugar to Ease Its Oil-Money Headache BloombergSanctioned by the U.S., Iran's found a sweet way to use the cash it's accumulated from trading oil: Purchase sugar from India. Read more https://www.bloomberg.com/news/articles/2019- …
Hours-Long Trading Malfunction Halts World's Most Popular Markets BloombergA technical error at CME Group Inc forced the world's biggest exchange operator to halt trading for about three hours, preventing the buying and selling of ... Read more …
With OPEC likely to ignore Trump, oil prices stabilize Kitco NewsNEW YORK (Reuters) - Oil futures steadied on Tuesday on signs that OPEC plans to maintain production cuts despite pressure from U.S. President Donald ... Read more https://www.kitc …
OPEC, allies to maintain oil output cuts despite Trump: source Yahoo FinanceOPEC and its allies will stick with their agreement to cut oil supply, pushing for more adherence despite a demand by U.S. President Donald Trump that the ... Read more …