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ReutersOil pressured by high US crude exports; drop in crude stocks prevent bigger fallReuters“Part of that (inventory fall) is the shape of the oil curve which makes it uneconomic to store product,” said Greg McKenna, chief market strategist at futures br
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Row over Kenyan oil revenues threatens to delay productionReutersLOKICHAR, Kenya, Feb 23 (Reuters) - In the decades before oil was discovered in the northern Kenyan region of Turkana South, 100,000 poor villagers living in arid scrubland relied on a lone c
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Schlumberger, Subsea 7 in talks to form oil services joint ventureReutersSince 2015 Schlumberger and Subsea 7 have collaborated for some of their work in designing, building and laying oil and gas production installations on the seabed. The two firms now a
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Barron'sOil weighed by US crude exports; lower crude stocks prevent bigger fallReutersU.S. crude oil production was virtually unchanged last week at 10.27 million bpd, close to levels of top producer Russia and more than OPEC-kingpin Saudi Arabia pumps. Pr
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The Conversation AUHow media framing limits public debate about oil explorationThe Conversation AUThroughout the world, people are taking direct action to tackle environmental problems – from Standing Rock in the United States, to the Carmichael coal mine
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ReutersOil prices climb after unexpected drawdown in US crude stocksReutersCrude stocks at the Cushing, Oklahoma, delivery hub for U.S. futures USOICC=ECI fell 2.7 million barrels last week, the ninth straight week of drawdowns, the EIA said. “The reason t
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ReutersOil prices climb after unexpected drawdown in U.S. crude stocksReutersOil prices rose to two-week highs on Thursday, boosted by data showing a surprise draw in U.S. crude inventories and also by a drop in the dollar.Oil Jumps as Surprise US Supply D
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ReutersOil prices climb after unexpected drop in US crude stocksReuters“The reason that the inventories continue to drop at Cushing is because the market remains backwardated and therefore it's uneconomical to be storing crude,” said Andrew Lipow, pres
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ReutersOil reverses course and rises as dollar backs off highsReutersOnce the dollar retreated, the potential for the U.S. Energy Information Administration to also report a seasonally unusual decline in stocks gave the oil market an additional boost. The
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Financial TimesOil Data Firm Platts Rolls Out Commercial Blockchain PlatformCoinDeskEnergy markets data provider S&P Global Platts has announced the commercial deployment of a blockchain platform for sharing oil inventories in the United Arab Emirates
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