Washington (UPI) Jun 14, 2017 - An agreement with German energy company Wintershall means Libya has a better chance of meeting oil production goals, a national oil company said.
Washington (UPI) Jun 14, 2017 - Crude oil prices were under strain again in early Wednesday trading after the International Energy Agency reported headwinds for a balanced market.
Caracas (AFP) June 14, 2017 - A Venezuelan retired general said Wednesday he had resigned from a top defense advisory body over the government's contested constitutional reforms, the latest sign of division in the ruling camp.
Washington (UPI) Jun 14, 2017 - Though oil production in shale-rich North Dakota has improved, the sector could stall out if crude oil prices stay lower for longer, a state director said.
Washington (UPI) Jun 14, 2017 - Pressure from U.S. oil production and some OPEC members mean market balancing is stalled, the International Energy Agency reported Thursday.
Washington (UPI) Jun 14, 2017 - In assigning a credit rating to newly-formed exploration and production company Aker BP, Moody's said the sector remains weak, but good opportunities exist.
Dallas (UPI) Jun 13, 2017 - The gasoline market in the United States is flooded, meaning most consumers are paying less at the pump than they were last year, AAA reported.
Washington (UPI) Jun 13, 2017 - Kazakhstan, a party to an OPEC-led market balance agreement, has no plans to modify its production plans, a spokesperson for an energy company said.
London (UPI) Jun 13, 2017 - Required transparency disclosures from Royal Dutch Shell are welcomed, but the disclosures are not widespread, advocates said Tuesday.
Washington (UPI) Jun 13, 2017 - An agreement with the U.S. Justice Department means the close of the merger between General Electric and Baker Hughes is imminent, the companies announced.
New York (UPI) Jun 13, 2017 - Concerns about disproportionate economic growth and expectations of the slow return to energy market balance bruised crude oil prices early Tuesday.
Geneva (UPI) Jun 13, 2017 - Pulling the market for crude oil back into balance is taking longer than expected even as demand growth accelerates, OPEC said in a monthly report.
Montreal (UPI) Jun 13, 2017 - Inflation in Canada is running lower than targeted by the country's central bank, though a governor there said the economy has adjusted to lower oil prices.
Montreal (AFP) June 13, 2017 - Oil companies said Tuesday they planned to ramp up their output in Canada, throwing a wrench in Prime Minister Justin Trudeau's efforts to slash greenhouse gas emissions.
Washington DC (SPX) Jun 12, 2017 - Chinese scientists have made good use of waste while finding an innovative solution to a technical problem by transforming rusty stainless steel mesh into electrodes with outstanding electrochemical
Washington (UPI) Jun 12, 2017 - Crude oil markets looked to future support with bargain hunters looking to wade back in Monday after last week's loss of the $50 per barrel floor.
