Libya Says It Isn’t Legally Liable in Shutdown of Its Biggest Oil Field  BloombergLibya declared a state of force majeure at its largest oil field after an armed group forced a production halt, just days after OPEC exempted the country from ... R …

The PunchOil pipeline fire breaks out in AbiaThe PunchOkechukwu Nnodim, Abuja. The Nigerian National Petroleum Corporation on Friday reported an oil pipeline fire outbreak along the Osisioma axis near Aba Depot, Abia State, in the oil firm's System 2E …

Wall Street JournalOPEC Aims for Oil Below $80 Amid Disagreement Over QuotasWall Street JournalALGIERS, Algeria—OPEC producers largely agree that oil prices above $80 a barrel would be too high. But there is widespread disagreement on how the cartel and it …

Market RealistOil: Are the Bearish Sentiments Rising?Market RealistOn August 13, US crude oil September futures fell 0.6% and settled at $67.2 per barrel. On the same day, the Energy Select Sector SPDR ETF (XLE) fell 1.3%. The fall in energy stocks might h …

Financial PostWhy Russian oil — and not Canadian — will keep fuelling the US Pacific NorthwestFinancial PostOil tankers coming in and out of the Strait of Juan de Fuca — the waterway between Vancouver Island and Washington state — are nothing special. In t …

Financial TimesSaudis suspend Red Sea oil shipments after tanker attacksFinancial TimesSaudi Arabia is suspending oil shipments through the Red Sea following an attack from Yemeni Houthi rebels on two of its giant crude carriers, the country's energy m …

The Straits TimesWorld's largest oil trader pays over $2.2b to top execsThe Straits TimesLONDON • Vitol Group paid a record of more than US$1.6 billion (S$2.2 billion) to its top executives and staff through share buybacks last year, highlighting the r …

Wall Street JournalSharp Oil Moves Diverge From Stock Market, Worrying Some InvestorsWall Street JournalConcerns about output from several major producers have recently dictated moves in the oil market, traders said, even though prices are usually linked t …

ReutersOil prices rise for second day, buoyed by fall in US inventoriesReutersReports that China will increase infrastructure spending also helped reduce concerns that U.S.-China trade tensions will dent the country's demand for oil. “Prices are moving …

US Senate hears oil price, spare capacity concerns | S&P Global PlattsS&P Global PlattsGlobal spare oil production capacity is very tight if not completely absent creating the potential for dangerous price volatility given disruptions from Iran .. …