BBC NewsRegulator cuts UK oil and gas estimatesBBC NewsThe oil and gas offshore industry regulator has reduced its estimates of the amount of known oil and gas left under UK waters. The amount in known reserves and capable of extraction has dropped from 6. …

Financial TimesLow oil prices curb growth in Arab Gulf statesFinancial TimesThe International Monetary Fund cut economic growth forecasts for the Arab Gulf states to 0.5 per cent this year as the region continued to feel the effects of low oil prices and r …

ReutersChina's Sinopec mulls US oil projects ahead of Trump's visit: sourcesReutersSINGAPORE (Reuters) - China's state oil major Sinopec is evaluating two projects in the United States that could boost Gulf Coast crude oil exports and also expa …

Asia oil buyers turn to US in hunt for cheap supplyReutersSINGAPORE/NEW YORK (Reuters) - Asia is set to ramp up crude oil imports from the United States in late 2017 and early next year, with buyers searching out cheap supplies after hurricanes hit U.S. de …

Premium TimesOil price jumps to $57.8Premium TimesOil markets jumped on Monday on concerns over potential renewed U.S. sanctions against Iran as well as conflict in Iraq. An explosion at a U.S. oil rig and reduced exploration activity also supported prices …

LNG IndustryGLOBAL LNG-Asian spot LNG edges to highest level since January ahead of winterReutersSINGAPORE, Oct 6 (Reuters) - Asian spot prices for liquefied natural gas (LNG) edged to their highest level since January this week, as the market gradually ti …

BloombergOil Ticks Up as Hurricane Approaches TexasFox BusinessGenerally, he explained, "a threat to any refining and producing region is bullish for both crude oil and products." Among refined products, Nymex reformulated gasoline blendstock--th …

Iraq faces resistance from Asian buyers on 'ambitious' oil price changeReutersSINGAPORE/DUBAI (Reuters) - Iraq's proposal to change the way it prices crude oil in Asia faces resistance from refiners who fear that longer lead times between prici …

CORRECTED-Iraq faces resistance from Asian buyers on "ambitious" oil price changeReutersSINGAPORE/DUBAI, Aug 25 (Reuters) - Iraq's proposal to change the way it prices crude oil in Asia faces resistance from refiners who fear that longer lead …

GLOBAL LNG-Faltering supply prompts short-covering price rallyReutersLONDON/SINGAPORE, Aug 11 (Reuters) - Asian spot LNG prices gained ground this week with traders and portfolio players engaged in short-covering as sputtering output and stockpiling ahead …