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…
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…
Explainer: Venezuela’s billions in distressed debt: Who is in line to collect?
NEW YORK/LONDON, Jan 4 (Reuters) – The toppling of President Nicolas Maduro has thrust Venezuela’s debt crisis –…
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…
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,…
Oil prices stable as Venezuelan supply disruptions balance surplus concerns
Brent, WTI prices steady after 4% losses last week Venezuelan oil exports down sharply since US seizure of…
New OPEC+ production mechanism will help stabilise markets, Saudi energy minister says
Item 1 of 2 Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman attends a session of the St.…