Oil Prices Rebound As Inventory Slips
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.565 million barrels…
Japan Embraces Lab-Made Fuels Despite Costs, Climate
(Bloomberg) — For Japan’s largest utilities, lab-made fuels are a meaningful step toward greener energy that also extends…
Oil Traders Lurch From Praying for Volatility to Drowning in
(Bloomberg) — Until recently, oil traders complained that it was almost impossible to wring profits out of a…
Turkey refiner orders Nigerian crude for March, April
Turkey’s largest oil refiner, Tupras, has placed orders for Nigerian crude oil cargoes scheduled for March and April,…
Abu Dhabi Defies Oil Price Plunge to Keep Building Big at
(Bloomberg) — Abu Dhabi has spent the past few years funneling oil revenue into building everything from splashy…
Stocks Rebound Fizzles as Trump Goes on Offensive: Markets
(Bloomberg) — A rebound in US stocks evaporated this week after Chair Jerome Powell pushed back on the…
Turkey refiner orders Nigerian crude for March, April
Turkey’s largest oil refiner, Tupras, has placed orders for Nigerian crude oil cargoes scheduled for March and April,…
Fracker Liberty’s Profit Falls to 3-Year Low as Oil Slumps
(Bloomberg) — Shale fracker Liberty Energy Inc. posted its worst earnings in three years amid plunging oil prices…
Vista Buys Petronas’ Argentina Oil Stake in $1.5 Billion
(Bloomberg) — Vista Energy, the No. 2 crude producer in Argentina’s burgeoning Vaca Muerta shale basin, has acquired…
Woodside hires Mexico Pacific CEO Sarah Bairstow as
Australia’s largest independent oil and gas company Woodside Energy has appointed Sarah Bairstow, the CEO of Mexico Pacific,…
Crude Oil Products Inventories Plummet But Oil Prices Still Down
The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 2.4 million…
Again, crude output drops amid global price crash
As the world battles a global crude price crash, Nigeria’s average daily crude output has fallen again in…