- An extension is not enough - why OPEC needs to cut more
May 09, 2017
Crude oil prices are slumping, and everyone is clamoring to know: how far can oil fall? Is this a buying opportunity, or is the selloff likely to worsen?
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- World's dirtiest fuel seen holding out even as ships clean up
May 09, 2017
Even as the owners of ships carrying everything from bananas to oil spend billions of dollars to meet tighter clean-air rules, demand to buy the dirtiest fuel will still hold out in some parts of the world.
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- India's record jet fuel exports set to fall as air travel soars
May 09, 2017
India's record jet fuel exports may fall this year as an expanding middle class and cheaper air travel boost local consumption, refinery executives and analysts told Reuters, potentially raising ailing profit margins for the fuel.
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- Saudi says likely to extend oil cuts to end-2017 or longer
May 08, 2017
Saudi Arabia's oil minister said on Monday that oil producers would "do whatever it takes" to rebalance the market and that he expected a global deal on cutting crude output to be extended to the end of 2017 or possibly longer.
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- Energy titans get schooled in sharing as billions seem blown
May 08, 2017
On the leafy southern shore of Australia’s Curtis Island, a jetty shoots out over a stretch of water to fill tankers the length of city blocks with liquefied natural gas. Another jetty juts out about 2 kilometers south. A further 800 meters down t...