OPEC+ Gathers to Make Choice Between Patience and Preemption
OPEC+ gathered in Vienna to decide whether to give their existing production cuts more time to take effect,
1970-01-01 08:00
Hourly Pay for US Shale Workers Tops $43, a Record in the Industry’s Hunt for Employees
Wages for US oil workers climbed above $43 an hour for the first time ever as employment held
1970-01-01 08:00
Oil Heads for Weekly Decline Ahead of OPEC+ Meeting on Supply
Oil headed for its biggest weekly loss in a month as persistent concerns over demand weigh on the
1970-01-01 08:00
Oil Drops for a Third Session on Signs of Higher US Inventories
Oil fell for a third day as industry data pointed to rising US crude stockpiles with demand concerns
1970-01-01 08:00
Equinor Delays Canadian Offshore Oil Project as Costs Rise
Equinor ASA has delayed by as many as three years its controversial Bay du Nord project due to
1970-01-01 08:00
Tanker Billionaire Fredriksen Clashes With Another Shipper
Norwegian shipping billionaire John Fredriksen has clashed with another tanker company after his tumultuous attempt to buy Euronav
1970-01-01 08:00
Oil Holds Deep Slump on Weak Demand Signals Ahead of OPEC+ Meet
Oil held its biggest decline in four weeks on signs of weaker demand and sufficient supply ahead of
1970-01-01 08:00
Namibia Considers Taking Stakes in Mining and Petroleum Companies
Namibia is considering taking minority stakes in mining and petroleum production companies amid increasing concerns over local ownership
1970-01-01 08:00
Oil Extends Gain as Traders Monitor Progress on US Debt Ceiling
Brent oil rose as investors watched for progress on lobbying campaigns to win approval for a US debt-ceiling
1970-01-01 08:00
Colombia Government to Honor Its Ecopetrol Debt, Official Says
Colombia’s Finance Ministry is planning to pay off in full its $5.8 billion debt with state-controlled oil producer
1970-01-01 08:00
Oil Holds Decline as Investors Digest Moscow’s Message on OPEC+
Oil was steady after falling more than 3% on Thursday as Russia suggested OPEC+ wasn’t likely to change
1970-01-01 08:00
Oil Industry’s Longest-Serving Chairman Seeks Another Four Years
Antonio Brufau, the oil industry’s longest serving chairman, is poised to keep going despite an earlier pledge to
1970-01-01 08:00