Economic TimesGovernment to rank oil and gas fields to boost output, promote CompetitionEconomic TimesSome of its executives, who are mostly drawn from ONGC and Oil India, are being sent back to their parent companies while others are being brought on depu …

China's Oil Addiction Is Its Main Weakness As A SuperpowerOilPrice.comFor decades, the U.S. was so reliant on foreign crude oil imports that it dictated much of the country's foreign policy spanning numerous presidential administrations. As far bac …

MarketWatchOil extends rise spurred by US inventory declineMarketWatchOil futures traded higher Thursday, building on gains scored in the previous session after a decline in U.S. inventories. The U.S. benchmark, West Texas Intermediate crude for November d …

This Crude Oil Benchmark Just Rallied To A Three-Year HighOilPrice.comOman is the largest oil producer in the Middle East that is not a member of OPEC. It is also part of the OPEC / NOPEC production cut deal, committing to a 45,000 barrel-per-day cut from …

US crude oil exports surge to record levelsFinancial TimesThe US exported a record 1.5m barrels per day of crude oil last week, government data showed, a sum larger than the output of several Opec member countries. The data underlined the US's new prom …

BloombergIt's Been A Tough Week For Peak Oil TheoristsForbesIn news that is certain to upset adherents to the never-dying cult of Peak Oil, IHS Markit released a new study on September 25 indicating that, per their analysis of data from more than 440,0 …

Financial PostThreat to oil becomes real as climate crashes Norway electionFinancial PostSeveral parties opposed to further oil exploration could emerge as kingmakers in the Sept. 11 election. That will threaten a push to search for about 9 billion barrels …

ReutersFrance plans to end oil and gas production by 2040ReutersPARIS (Reuters) - France plans to pass legislation this year to phase out all oil and gas exploration and production on its mainland and overseas territories by 2040, becoming the first countr …

Wall Street JournalOil's Most Popular Trading Products May Soon Be Shut DownOilPrice.comFor most retail investors, buying physical crude oil as a commodity is not an option. Instead, many investors turn to exchange traded notes (ETNs) as a way to specu …

Wall Street JournalMexican Oil Auction Offers First Major Test of Foreign Firms' InterestWall Street JournalMEXICO CITY—Mexico is preparing to auction rights to drill in the oil-rich deep waters of the Gulf of Mexico, considered the crown jewel of the …