Russia’s Dirty Oil Crisis Is Worse Than Almost Anyone Predicted BloombergFor almost four weeks, the tanker Mendeleev Prospect has been anchored idly off the Polish port of Gdansk unable to discharge a $50 million cargo of crude oil. Read more ht …
Oil Notches Biggest Plunge of 2019 As Demand Concerns Mount The Wall Street JournalOil futures dropped sharply amid building U.S. inventories and concerns around global trade. West Texas Intermediate and Brent futures posted their sharpest ... R …
Oil Prices Post Sharpest Nosedive of 2019 The Wall Street JournalOil futures had their biggest percentage drop of 2019 and closed at a two-and-a-half-month low, amid building U.S. inventories and continuing concerns about ... Read more https://w …
UAE energy minister hints at support for oil production cuts The Mercury NewsSaudi Arabia says oil producers want to reduce inventories ReutersNovak Says too Soon to Discuss Oil-Cut Options: OPEC+ Update BloombergSaudi, UAE …
OPEC Considers Two Scenarios to Adjust Oil Production The Wall Street JournalOPEC and its allies are set to debate at least two scenarios that would increase oil production beyond current levels, according to people familiar with the ... Read mo …
Coast Guard: 14 years later, oil spill in Gulf contained WWL News, Talk, Sports Radio StationCrews say they have successfully contained an oil spill that has been spewing crude for 14 years in the Gulf of Mexico. Read more https://wwl.radio.com …
Saudi Arabia's Oil Addiction Won't End Anytime Soon | OilPrice.com OilPrice.comSaudi Arabia remains reliant on crude revenues despite its push to pivot away from crude, and things aren't likely to change anytime soon. Read more https://oilprice …
Russia energy minister: too early to predict decision on oil cut deal ReutersRussian Energy Minister Alexander Novak said it is too early to predict a future decision on the global oil output cut deal as there is uncertainty on the market ... Re …
Surge of new Permian Basin oil to feed global supply Houston ChronicleExports of the Permian Basin's newest kind of oil are set to jump as production surges, exceeding the appetite of U.S. refiners. Sales of the new grade, known as ... Read more …
OPEC Oil Output Sees Small Dip In April Despite Deep Cuts OilPrice.comCrude oil production in the Organisation of Petroleum Exporting Countries fell by just 45000 bpd in April, according to the cartel's latest Monthly Oil Market ... Read more h …