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Oil Prices Fall As API Reports A Surprise Crude Build

The American Petroleum Institute (API) has estimated a huge surprise crude oil inventory build of 4.7 million barrels for the week ending December 11, compared to analyst expectations of a?

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China And The Philippines Finally Agree To Cooperate In The South China Sea

The Chinese and Philippine foreign ministers sealed an agreement for the two countries to pursue joint oil and gas exploration in the South China Sea, Xinhua reports. The talks?

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IEA: Asia Keeps Global Coal Demand Stable Until 2024

Although coal demand is expected to decrease this year, it will remain largely stable until 2024, driven by continued strong demand in major Asian economies such as India and China,?

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Federal Regulator: New York Can't Rule On Gas Pipeline

The U.S. Federal Energy Regulatory Commission (FERC) has reiterated its decision to decline a request from the state of New York, which wanted the state to rule on a?

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Oil Shortage Makes Syria Consider Public Transport On Nat Gas

Faced with oil and fuel shortages and the inability to freely import fuel because of the Western sanctions, Syria plans to have public transport switch to natural gas, local Al-Watan?

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