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What Is Keeping Oil Prices Subdued?

What Is Keeping Oil Prices Subdued?

Oil traded more or less…

Hedge Funds Unsure Where Oil Prices Are Going

Hedge Funds Unsure Where Oil Prices Are Going

After a stellar January, oil…

U.S. LNG Exports Rising As Gas Prices Drop

U.S. LNG Exports Rising As Gas Prices Drop

After a brief interruption caused…

News

Qatar, Exxon Announce $10 Billion LNG Investment

Qatar, Exxon Announce $10 Billion LNG Investment

Feb 06, 2019 at 09:12 | Irina Slav

Qatar and Exxon have officially announced a US$10-billion joint investment in their Golden Pass LNG project in Texas, which will turn the LNG import terminal into an export terminal…

Oil Prices Falter After API Reports Build Across The Board

Oil Prices Falter After API Reports Build Across The Board

Feb 05, 2019 at 15:46 | Julianne Geiger

The American Petroleum Institute (API) reported a crude oil inventory build of 2.514 million barrels for the week ending February 1, close to analyst expectations that predicted a build in…

Guaido Set To Open Venezuela’s Oil Sector To Private Firms

Guaido Set To Open Venezuela’s Oil Sector To Private Firms

Feb 05, 2019 at 14:01 | Tsvetana Paraskova

Juan Guaidó, the Venezuelan opposition leader recognized as the country’s interim president by the U.S. and several major European countries, plans to drop the requirement that Venezuela’s state oil firm…

Tesla Model 3 Shipment Arrives In Europe  

Tesla Model 3 Shipment Arrives In Europe  

Feb 05, 2019 at 13:59 | Tsvetana Paraskova

Tesla is a step closer to imminently starting Model 3 deliveries in Europe as the first cargo ship loaded with its sedans arrived at a Belgian port last night,…

Iran Criticizes Europe For Not Buying Its Oil Despite U.S. Waivers

Iran Criticizes Europe For Not Buying Its Oil Despite U.S. Waivers

Feb 05, 2019 at 13:13 | Tsvetana Paraskova

Despite having obtained U.S. waivers to continue importing Iranian oil, Italy and Greece have stopped buying Iran’s crude, Iranian Oil Minister Bijan Zangeneh said on Tuesday. “Among the Europeans,…

Russia’s Rosneft Says Venezuela’s PDVSA Still Owes It $2.3B

Russia’s Rosneft Says Venezuela’s PDVSA Still Owes It $2.3B

Feb 05, 2019 at 12:00 | Tsvetana Paraskova

Last year, Venezuela repaid US$2.3 billion of the loan it had received from Rosneft years ago, but the Latin American country still owes another US$2.3 billion, excluding interests, Rosneft

7 Million Barrels Of Venezuelan Crude Sit In Gulf Of Mexico

7 Million Barrels Of Venezuelan Crude Sit In Gulf Of Mexico

Feb 05, 2019 at 10:00 | Irina Slav

Tankers carrying as much as 7 million barrels of Venezuelan heavy crude are sitting in the Gulf of Mexico awaiting some semblance of clarity on how the situation in the…

Oil Pipeline Shut, Four Anti-Pipeline Activists Arrested In Minnesota

Oil Pipeline Shut, Four Anti-Pipeline Activists Arrested In Minnesota

Feb 05, 2019 at 09:10 | Irina Slav

Four people were arrested in Minnesota yesterday for attempting to shut down an oil pipeline operated by Enbridge, the Associated Press reports, citing a spokeswoman for the group as…

EU Mulls More Sanctions, But Not Oil Embargo, On Venezuela

EU Mulls More Sanctions, But Not Oil Embargo, On Venezuela

Feb 04, 2019 at 17:54 | Tsvetana Paraskova

The European Union (EU) is mulling over imposing more sanctions on Venezuela, but those sanctions will not be targeting the oil sector, as the bloc looks to punish individuals, not…

Russia Says Its Gasoline Prices Are Europe’s Cheapest

Russia Says Its Gasoline Prices Are Europe’s Cheapest

Feb 04, 2019 at 17:37 | Tsvetana Paraskova

Gasoline prices in Russia are the cheapest in Europe, a report by state news agency RIA Novosti showed on Monday. RIA Rating collected and ranked the price of gasoline…

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