NEW YORK (Bloomberg) --Oil hit a wall again, failing to sustain a rally above $50/bbl for a third straight session. Thats partly because demand typically drops this time of year as many crud.........
see more >>NEW YORK, Sept. 13 (Xinhua) -- Oil prices climbed on Wednesday, as the International Energy Agency (IEA) reported a surplus of crude supply was starting to decline. The West Texas Intermedia.........
see more >>NEW YORK (Bloomberg) --Oil topped $50/bbl for the first time in more than a month amid heightened optimism that a demand resurgence is in the offing. Futures rose as much as 1.7% in New York.........
see more >>VANCOUVER -- Africa Energy Corp. has announced the acquisition of one-third of the shares in a subsidiary of Pancontinental Oil Gas N.L. that holds a 30% participating interest in Petroleum .........
see more >>OSLO (Bloomberg) --Prime Minister Erna Solberg became Norways first Conservative Party leader in over three decadesto be re-elected as a movement to stop further oil exploration in western E.........
see more >>NEW YORK (Bloomberg) --Harveys got hedge funds caught in a whirlwind. Just after the storm triggered the biggest rush to a more bearish stance on West Texas Intermediate crude since 2007, th.........
see more >>NEW YORK, Sept. 8 (Xinhua) -- Oil prices fell on Friday as Hurricane Irma drove towards U.S. state of Florida. The West Texas Intermediate for October Delivery lost 1.61 dollar to settle at .........
see more >>NEW YORK, Sept. 5 (Xinhua) -- Oil prices surged on Tuesday as refineries sidelined by Hurricane Harvey began to restart. The West Texas Intermediate for October Delivery added 1.37 dollar to.........
see more >>ABERDEEN -- Cohort plc company SEA is showcasing an enhanced secure voice and data communications system for remote applications such as offshore ships and platforms at Offshore Europe 17. S.........
see more >>NEW YORK (Bloomberg) --Houstons devastating floods have slowed but not stopped work by MA bankers at the epicenter of U.S. energy-sector deals. Texans are a resilient lot,said Tim Perry, glo.........
see more >>NEW ORLEANS -- Offshore oil and gas operators in the Gulf of Mexico are reboarding platforms and rigs and restoring normal operations following Tropical Storm Harvey. The Bureau of Safety an.........
see more >>NEW YORK, Aug. 31 (Xinhua) -- Oil prices strongly rebounded from recent losses on Thursday, but U.S. crude oil prices posted steep monthly loss in August due to the Hurricane Harvey. The Wes.........
see more >>LONDON (Bloomberg) --World energy markets, from butane in Asia to diesel in Europe and gasoline in Latin America, are feeling the ripple effect of Texass deadly storm, highlighting the growi.........
see more >>KUWAIT -- Kuwait Foreign Petroleum Exploration Company k.s.c. (KUFPEC) announced today that its wholly-owned subsidiary KUFPEC Norway AS has reached agreement to acquire a 15% interest in th.........
see more >>NEW YORK, Aug. 24 (Xinhua) -- Oil prices fell on Thursday as some U.S. refineries shut operations ahead of Tropical Storm Harveys landfall. The West Texas Intermediate for October Delivery l.........
see more >>