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Kazakhstan offers stake in state oil firm to Shell: sourcesReutersThe central bank took a stake after effectively printing $4 billion to help KMG pay off its debt after the oil price crash. A source close to KMG said Shell has been offered the chance to bu
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ReutersOil rescued from price lows by Libyan supply disruptionReuters“Libyan oil loadings have been suspended, that's why the market is rallying at the moment,” PVM Oil Associates analyst Tamas Varga said. “Meanwhile, the EIA confirmed, or possibly mad
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ReutersOil prices fall on relentless rise in US crude outputReuters“Oil prices fell on the back of concerns that surging U.S. production ... could push inventories in the U.S. higher,” ANZ bank said on Tuesday. U.S. crude oil production C-OUT-T-EIA soared
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Channel NewsAsiaOil prices dip on relentless rise in US crude outputReutersScaring off traders betting on further price increases has been a relentless rise in U.S. crude oil production, which soared past 10 million barrels per day (bpd) in late 2017, over
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ReutersOil down 1 percent on continued concerns over US outputReutersEnergy services firm Baker Hughes said on Friday that energy companies last week cut oil rigs for the first time in almost two months. RIG-OL-USA-BHI. Still, the United States is now the
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ReutersOil down 1 percent on continued concerns over U.S. output - ReutersReutersOil prices fell on Monday as investors grappled with ongoing concerns over rising U.S. output and tight OPEC supply, while last week's data showing speculators cut bets on
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Chron.comCorpus Christi set to become major oil export hub as shale drilling surgesChron.comAs West Texas drillers pump more crude in coming years, they'll have to ship almost all of the increase in the Permian Basin's output to buyers overseas – a
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Hartford CourantTown Looking To Remove Last Piece Of Glastonbury Oil Tank FarmHartford CourantAs children play on a playscape and babies are pushed in strollers across the boardwalk, it may seem hard to believe that the Riverfront Park, Riverfront Communit
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BloombergOil, briefly up on lower rig counts, falls on US output outlookReutersLONDON (Reuters) - Oil prices fell on Monday on expectations that U.S. output will rise this year, erasing earlier gains buoyed by lower weekly U.S. rig counts and falling U.S.
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Economic TimesOil edges up on reduced US drilling activity, booming job marketReutersIn oil markets, U.S. energy companies last week cut oil rigs for the first time in almost two months RIG-OL-USA-BHI, with drillers cutting back four rigs, to 796, Baker Hu
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