Libya’s Biggest Oil Field to Reopen as Refinery Back On Libya’s biggest oil field, Sharara, reopened as crude began to move through a pipeline connected to...
Russia Reemerges as China’s Top Oil Supplier Before OPEC Meet Russia retook the top spot from Saudi Arabia in crude supplies to China last month as...
OPEC, Non-OPEC Production Cuts Will Restore Market Stability Oil-exporting cartel OPEC is optimistic that production cuts agreed with non-members to prop up prices will lead to...
Oil Prices Fall to 7-day Low on US Shale Output Surge Crude oil prices fell on Tuesday, hitting their lowest in 7 days as a United...
Saudi Oil Exports Drop to 2015 Low as Kingdom Sticks to Cuts Saudi Arabia, the world’s largest crude shipper, trimmed exports to a 21-month low in...
Crude Slips Below $53 as U.S. Drilling Surge Stokes Output Fears Oil declined below $53 a barrel as the U.S. continued to ramp-up drilling, stoking fears...
India Loses Spot as Nigeria’s Biggest Oil Buyer For the first time in at least two years, India’s monthly import of Nigerian crude oil has fallen...
Saudi Arabia Said to Reduce Oil Output to Lowest Since January Saudi Arabia pared its oil production last month to the lowest since January, staying below...
Libya Biggest Oil Field Said to Shut for 2nd Time in Two Weeks Libya’s biggest oil field was said to stop producing, just one week after...
Fitch: Crude Oil Prices to Average $52.50/b this Year Fitch Ratings has forecast that crude oil prices would average $52.50 per barrel this year, representing an...