Washington (UPI) Aug 1, 2018 - Crude oil prices turned sharply lower ahead of the start of trading Wednesday in New York after a surprise build in crude oil inventories in the United States.
Washington (UPI) Aug 1, 2018 - Motor club AAA warned that consumer gasoline prices in the United States could be on the rise given signs in government data of robust demand.
Washington (UPI) Aug 1, 2018 - The largest land driller in the world, Nabors Industries reported a loss for the second quarter on the back of a decline in rig counts in North America.
Washington (UPI) Aug 1, 2018 - After unloading wind energy assets, Canadian energy company TransCanada said second quarter growth was supported by U.S. tax reforms and legacy assets.
Baghdad (AFP) Aug 1, 2018 - As the stultifying summer heat sends Iraqis in search of cool spots, restaurateur Ali Hussein provides sanctuary - even though it means hooking up to an expensive generator.
Washington (UPI) Aug 1, 2018 - Gross operating margins for crude oil products declined, though U.S. pipeline company Enterprise Products Partners said new projects were under construction.
Washington (UPI) Aug 1, 2018 - The Iraqi Oil Ministry reported total crude oil exports for July at around 3.5 million barrels per day, relatively unchanged from June.
Washington (UPI) Aug 1, 2018 - Austrian energy company OMV raised its 2018 forecast for the price of oil by almost 6 percent, but cited a second half average lower than its prediction.
Washington (UPI) Aug 1, 2018 - The outcome from a potential $1.9 billion commitment to offshore Mexico could realize 90,000 barrels of oil per day from 2021, Italian energy company Eni said.
Washington (UPI) Jul 31, 2018 - Basic supply and demand dynamics, coupled with short-term market disruptions, mean U.S. retail gas prices are climbing once again, retail analysts said.
Baghdad (AFP) July 31, 2018 - Iraq has raised more than $700 billion from oil since 2005, but almost the entire amount has been spent, the central bank announced Tuesday.
Washington (UPI) Jul 31, 2018 - Aker BP spent more than $200 million to acquire Norwegian assets from a division of Total, which it said would open access to millions of barrels of oil.
Washington (UPI) Jul 31, 2018 - An annual review of energy trends from Italian energy company Eni found the United States is a game changer, though its Venezuela with the largest reserves.
Washington (UPI) Jul 31, 2018 - Economic sanctions imposed on Iran will impact maritime traffic in the Strait of Hormuz, a main oil artery, an Iranian naval commander said Tuesday.
Washington (UPI) Jul 31, 2018 - BP CEO Bob Dudley said Tuesday there were factors ranging from Iranian sanctions to a shortage of U.S. pipelines that supported higher crude oil prices.
Washington (UPI) Jul 31, 2018 - After trading closed Monday, rig company Transocean posted second quarter revenues that beat analyst expectations, noting it was optimistic about the future.
