Everywhere you look, it seems like things have taken a turn for the worst. The coronavirus crisis has wreaked havoc across markets. The U.S. political system is in a frenzy.?
Buffett Pulls Out Of Canadian LNG Project As Opposition Intensifies
Warren Buffett's Berkshire Hathaway has pulled out of a planned investment in the Saguenay LNG project in Quebec, Canada, suggesting that harder times are ahead for the country's LNG ambitions.?
OPEC+ oil producers overcomplied with their collective production cut deal in January, thanks to overcompliance from OPEC members, Russia's TASS news agency reported on Friday, quoting two sources in?
Mexican Firms Exchanges Corn And Water For Venezuelan Oil
A private Mexican firm has received several million barrels of crude from Venezuela's PDVSA in exchange for corn and water, Reuters reports, citing documents from the company, named Libre?
U.S. Net Petroleum Exports Hit Highest Ever In February
The United States was a net exporter of crude oil and petroleum products last month, with the four-week average net imports at a negative 907,000 barrels per day (bpd) in?
Analysts Continue To Slash Oil Demand Growth Estimates
As the coronavirus spreads fast outside China, dampening consumer and business sentiment, analysts continue cutting their forecasts of oil demand growth this year. In one of the latest downward revisions,?
PetroChina, the largest importer of natural gas, has declared a force majeure on all imports, including of liquefied natural gas, unnamed sources told Reuters, without providing any details except?
Saudi Aramco Waits For OPEC+ Decision To Price Its April Oil
Saudi Arabia's oil giant Aramco usually tells customers on the 5th of each month how much they will pay for Saudi crude oil for the following month. But this month?
Chinese Teapots' Oil Imports Tumble To 6-Month Low In February
Crude oil imports by China's independent refineries, or teapots, fell to the lowest in six months, at 2.76 million bpd last month, down by almost a fifth from the record-high?
Glencore Managers Bail To Form Own Energy Trading Startup
Two senior Moscow managers at Glencore have left the commodity trader for their own start-up that will trade energy resources and supply equipment in Russia, sources in the industry told?
