October 30, 2020
Exxon Mobil Corp. will slash its global workforce by 15% by the end of 2022, an unprecedented culling by North America’s biggest oil explorer as...
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Oil
October 27, 2020
The United States on Monday imposed fresh Iran-related sanctions targeting the Islamic Republic’s oil sector, including the Iranian Ministry of Petroleum, in Washington’s latest move...
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October 26, 2020
Brazil jumped to China’s third-biggest crude oil supplier in September, import data showed on Sunday, as China’s independent refiners scooped up cheap supplies of the...
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October 23, 2020
U.S. crude oil exports are expected to sputter through the end of 2020 due to weak production and unfavorable economics for foreign buyers of U.S....
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October 21, 2020
An oil tanker operated by Venezuelan state oil company Petroleos de Venezuela on Tuesday approached a floating oil facility where it is expected to receive...
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October 21, 2020
China’s flow of crude oil into storage accelerated in September, reversing two months of declines, as the world’s biggest importer of the fuel continued to...
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October 12, 2020
The top oil executive at one of the world’s biggest commodity traders is calling for stricter regulations to force the shipping industry to cut carbon...
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October 12, 2020
An Iranian-flagged oil tanker left Venezuela on Friday for Iran’s Kharg Island, Refinitiv Eikon data showed, after the vessel loaded 1.9 million barrels of heavy...
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October 2, 2020
OPEC oil output has risen for a third month in September, a Reuters survey found, as a restart of some Libyan installations and higher Iranian...
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October 1, 2020
Oil prices will stay near current levels this year as rising novel coronavirus cases threaten to slow the pace of demand recovery and counter output...
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September 30, 2020
The COVID-19 pandemic is expected to hit long-term global oil demand by 2.5 million barrels per day but this would have little material impact on...
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September 29, 2020
China’s rate of storing crude oil slowed for a second month in August, as the massive of surge of imports started to ease in a...
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September 23, 2020
After defying U.S. sanctions by shipping a cargo of oil condensate to Venezuela just last week, Iran is using the same ship to help the...
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September 22, 2020
Mexican authorities said on Sunday they had confiscated a vessel in the Gulf Coast state of Veracruz and a warehouse in neighboring Tabasco along with...
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September 22, 2020
The concept of a one-size-fits-all shipping fuel is in the past, with hydrogen and ammonia the leading candidates to meet cleaner fuel goals, shipping company...
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