- Oil prices rise on Middle East tensions, healthy demand
March 21, 2018
Oil prices rose on Wednesday, lifted by tensions in the Middle East and healthy demand, although rising U.S. output continued to weigh on markets.
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- LNG revenue to be affected: Executive
March 21, 2018
PNG's major revenue earning from the PNG LNG Project may yet again be affected as spot prices are expected to fall around the time production resumes.
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- Brent hits six-week high as U.S.-Saudi talks raise risk for Iran
March 21, 2018
Brent crude extended gains as investors assessed geopolitical risks, with speculation that the U.S. president and Saudi Arabia’s crown prince discussed countering the influence of Middle East producer Iran.
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- Oil hits six-week high on inventory data, OPEC compliance, Iran worries
March 21, 2018
Oil hit a six-week high on Wednesday, closing in on a 3-year peak set in late January, on a surprise decline in U.S. inventories, strong compliance on OPEC production cuts, and persistent concern related to the Iran nuclear deal.
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- Some Oil Refineries Are Getting a License to Print Money
March 21, 2018
Ready the cash-printing machines -- the world’s most sophisticated refineries are about to enjoy great times thanks to what might seem like a minor tweak in rules for the type of fuel ships consume.
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