Tuesday, 26 November 2024
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Robert Harvey

Drilling rigs operate at sunset in Midland, Texas, U.S.
ElectionsNatural GasNewsOil

US oil producers unlikely to shift to ‘drill, baby, drill’ mode, says Exxon executive

Trump pledged to boost U.S. domestic oil and natural gas output — but producers remain focused on capital discipline.

FILE PHOTO: A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson/File Photo
BusinessMaritimeNewsOilTrade

Brent oil traders use little known rule to reroute US cargoes

Big energy merchants trading oil cargoes that form the basis of the Brent benchmark have used an obscure clause to reroute U.S. shipments...

A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/File Photo
BusinessNewsOilPoliticsTrade

Shell faces delay in German refinery stake sale, sources say

Shell's German refinery sale held up by third party lawsuits, including by Russian majority shareholder Rosneft.

FILE PHOTO: Drilling rigs operate at sunset in Midland, Texas, U.S., February 13, 2019. Picture taken February 13, 2019. REUTERS/Nick Oxford/File Photo
AnalysisClimateCoalEmissionsEnvironmentFuelLiquefied Natural GasLiquefied Petroleum GasNatural GasOilReports

Fossil fuel use, emissions hit records in 2023: Statistical Review of World Energy

LONDON – Global fossil fuel consumption and energy emissions hit all-time highs in 2023, even as fossil fuels’ share of the global energy...

Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
FuelNewsOilPoliticsTrade

Global oil markets weaken as sluggish demand leaves overhang

Global crude oil markets are weakening because of soft refinery demand and ample supply, could spell further weakness for crude futures

Refinery workers walk inside the LyondellBasell oil refinery in Houston, Texas March 6, 2013. REUTERS/Donna Carson/File photo
AnalysisIn-DepthIndustryOil

Analysis: Heavy oil shortage spells higher cost for industry

Mexican export cuts and a rerouting of Canadian output are shrinking limited supplies of heavy crude in the Atlantic basin

NewsOil

Oil seen opening up after Iran’s attack on Israel

Concern over military action sent oil prices up but further gains may depend on response from Israel and the West.

FuelNewsOil

Oil prices head back up on Middle East jitters

Crude futures up amid concern that Iran, the third-largest OPEC producer, might retaliate for a suspected Israeli warplane attack on Iran's embassy.

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