A deal has been recently struck in US-Taliban peace talks and progress towards long term peace seems increasingly possible. However, with a likely NATO withdrawal and recent election?
China's Crude Oil Imports Jumped To Record In 2019 ?
Rising refinery capacity, strategic inventory filling, and flat domestic production resulted in China importing record volumes of crude oil last year, an average of 10.1 million bpd, up by 900,000?
Militants attacked on Monday a town in African country Mozambique close to large liquefied natural gas (LNG) projects under development, local police said, as quoted by Bloomberg. Early on?
Coronavirus Is Causing Mass Fuel Shortages In Venezuela
Venezuela has started shutting down gasoline stations across the country as a shortage of fuels has prompted rationing, Bloomberg reports. According to an unnamed source who spoke to Bloomberg,?
Refiners Race To Reduce Rates As Fuel Demand Falls Off A Cliff
Refining operations in Europe and elsewhere in the world are being curtailed as gasoline and jet fuel demand is falling off a cliff due to the enormous demand destruction in?
Tanker Rates Explode As Markets Brace For Record Oil Glut
The largest oil supply surplus the world has ever seen in a single quarter is about to hit the global market from April, creating an imbalance of around 10 million?
First U.S. West Coast LNG Project Gets The Greenlight
The Federal Energy Regulatory Commissions voted overwhelmingly in favor of the Jordan Cove LNG project in Oregon but set one condition: Pembina, the company behind the project, must obtain all?
Mexico's Budget Is Protected By Its Mega Oil Hedge
?Everything? in the Mexican budget that needs to be covered by oil revenues is covered, the country's Finance Minister, Arturo Herrera, said as quoted by Reuters, in response to a?
As crashing oil prices hit U.S. oil and gas companies, one Texas lawmaker is asking the Department of the Interior to reduce the royalties that firms pay for oil and?
