China soaks up the crude oil glut, but only if the price is right
LAUNCESTON, Australia, Jan 27 (Reuters) – Where exactly is the expected supply glut in the global crude market?…
US oil drilling to slow as prices slump, Venezuela growth could amplify pressure, EIA says
NEW YORK, Jan 13 (Reuters) – Lower oil prices are expected to cut U.S. drilling activity and reduce…
Exclusive: Venezuela begins reversing oil output cuts as exports resume, sources say
Item 1 of 2 Crude oil drips from a valve at an oil well operated by Venezuela’s state…
World Bank sees resilient global growth in 2026 amid tariffs but fading dynamism
World Bank sees global GDP growth at 2.6% versus 2.7% in 2025 Growth forecasts slightly above global lender’s…
Oil dips on ample supply outlook, market weighs Venezuelan output
SINGAPORE, Jan 6 (Reuters) – Oil prices fell on Tuesday on expectations of ample global supply amid weak…
Venezuela risk to US economy is via oil prices, but not seeing it yet, Fed’s Kashkari says
Jan 5 (Reuters) – The main risk to the U.S. economy from the Trump administration’s capture of Venezuela’s…
Venezuelan oil industry: world’s largest reserves, decaying infrastructure
Jan 3 (Reuters) – Following are key facts about the oil industry of Venezuela, whose President Nicolas Maduro…
Tax breaks help Russian oil exporters stay afloat as discounts deepen
MOSCOW, Dec 30 (Reuters) – Discounts on Russian oil at export terminals have once again approached historic highs,…
Renewables turn LNG glut into a sinkhole
MELBOURNE, Dec 26 (Reuters Breakingviews) – Solar, wind power and batteries are set to make life a misery…
Oil up as market weighs strong US economic growth, supply risks
US economy grew faster than expected in the third quarter US might keep or sell seized Venezuelan oil,…
Morning Bid: All I want for Xmas is accurate economic data
Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend.…
Hollywood blockbuster keeps Wall Street hooked, oil jumps on Venezuela blockade
Item 1 of 2 Futures-options traders work on the floor at the New York Stock Exchange’s NYSE American…