Hedge-fund managers unwound bets that crude will fall at the fastest pace in 16 months as the prospects for a […]
Tag: oil
OPEC+ faces “major challenge” in 2020 from competitors’ surging output
The Organization of the Petroleum Exporting Countries and its allies face stiffening competition in 2020, the International Energy Agency said […]
U.S. Oil Inventories Rose by 2.2M Barrels Last Week
U.S. weekly crude oil inventories rose by about 2.2 million barrels last week, according to the Energy Information Administration, more […]
Japanese companies likely to spurn Saudi Aramco IPO
Japanese companies are unlikely to invest in Saudi Aramco’s blockbuster initial public offering because it is difficult to evaluate the […]
Cause of Philadelphia fire sounds alarm over aging U.S. refineries
How did a piece of piping installed when Richard Nixon was U.S. president go without once being checked before leading […]
Shale Doubters Finally Get Their Moment as Revolution Falters
It was just a year ago that Tom Loughrey tried pitching a fund to bet against shale producers. “I was […]
Malaysia concerned by Indian trade body’s call to boycott its palm oil
Malaysia said on Tuesday it viewed with “great concern” the decision by India’s top vegetable oil trade body to ask […]
Oil prices fall as global demand concerns grow
Oil fell on Monday as concerns about economic growth combined with signs of ample global supplies pressured prices, outweighing bullish […]
U.S. tariffs threaten livelihoods of Spain’s olive-farming families
A double whammy of U.S. import tariffs kicking in on Friday and a recent steep drop in global olive oil […]
Malaysia offers to increase imports from India after Kashmir row
Malaysia is considering raising imports of raw sugar and buffalo meat from India, potentially easing trade tensions after reports New […]
