BloombergMorgan Stanley Says a Shipping Revolution Has Oil Headed for $90BloombergThe changes are expected to create an oversupply of high-sulfur fuel oil while sparking demand for IMO-compliant products, putting pressure on the refining industry to produc …

Will $100 Oil Kill The US Economy?OilPrice.comBrent is nearing $80 per barrel and some analyst see $100 not far off. That raises the question about how much of a dent high oil prices will make in the U.S. economy. $100 oil is not as painful as it once was. …

BloombergRepsol to End Pursuit of Oil GrowthBloombergRepsol will unveil an updated business plan next month that limits oil and gas output to current levels and ensures it keeps no more than about eight years of reserves on its books, the person said, aski …

BloombergTop Vietnam Oil Company Says Sea Tensions Hurt InvestmentBloombergVietnam's state-owned oil company said South China Sea tensions will hurt oil and gas exploration and efforts to attract foreign investment to offshore fields. The rare comment …

BloombergEuropean Majors Snap Up Mexican Oil Contracts Ahead of ElectionBloombergMexico's national hydrocarbons commission awarded 16 production-sharing contracts in the tender on Tuesday. They cover prospective resources estimated at the equivalent of …

BloombergSome Oil Refineries Are Getting a License to Print MoneyBloombergMore than 80 percent of U.S. Gulf Coast refineries have coking units that can create transport fuels from the residual fuel oil from heavy crude, according to research from Morningst …

DailyFXCrude Oil Prices at Risk on Italian Election, Trade Woes, US DataDailyFXThe IEA will unveil its new five-year oil market outlook report at the gathering. API and EIA inventory flow data is also due. The latter will also publish an updated short-term …

Ars TechnicaInterior Dept. wants to lower royalties that offshore oil, coal companies payArs TechnicaGiven the relatively low price and abundance of oil in the world market today and the expense of executing new offshore drilling operations, the committee& …

BloombergBiggest Libya Oil Field Is Said to Stop Pumping on Pipeline HaltBloombergLibya, a member of the Organization of Petroleum Exporting Countries, has struggled to boost oil production amid the lingering effects of civil strife that erupted earlier in …

The Star OnlineCrude oil prices further ringgit boostThe Star OnlineKUALA LUMPUR: The ringgit opened higher against the US dollar today and on the back of better global crude oil prices, dealers said. At 9.00 am, the ringgit stood at 3.8650/8680 against th …