Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS / Agustin Marcarian / File Photo Register now for FREE unlimited access to Reuters.com Register HOUSTON, June 29 (Reuters) – Oil prices were little changed on Thursday as markets weighed … Read more
LONDON, June 29 (Reuters) – With global inventories steadily falling and spare capacity eroding, the oil market resembles a geological fault line in which stress is quietly accumulating and will eventually be relieved by an earthquake of as yet unknown magnitude. The most likely stress relief will come from a deceleration in oil consumption as … Read more
A worker uses a petrol pump at a Brazilian oil company Petrobras gas station in Brasilia, Brazil March 7, 2022. REUTERS / Adriano Machado / File Photo / File Photo Register now for FREE unlimited access to Reuters.com Register OPEC, OPEC + start two days of policy meetings US inventories down as refiners pick up … Read more
Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, US November 22, 2019. REUTERS / Angus Mordant / Register now for FREE unlimited access to Reuters.com Register G7 agrees to explore cap on Russian oil price Macron tells Biden that UAE, Saudi can barely … Read more
June 28 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) said on Monday it has purchased another 794,389 shares of Occidental Petroleum Corp (OXY.N), giving the conglomerate a nearly 16.4% stake in the Houston, Texas-based oil company. The purchases were made in multiple transactions and cost about $ 44 million, Berkshire said in a regulatory … Read more
An oil tanker is docked while oil is pumped into it at the ships terminal of PDVSA’s Jose Antonio Anzoategui industrial complex in the state of Anzoategui April 15, 2015. REUTERS / Carlos Garcia Rawlins Register now for FREE unlimited access to Reuters.com Register US sanctions on Venezuela, Iran curbing oil output Consumer countries pressure … Read more
GARMISCH-PARTENKIRCHEN, Germany, June 27 (Reuters) – Two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production, French President Emmanuel Macron on Monday said he had been told by the UAE’s president. Saudi Arabia and the UAE have been perceived as the only two countries in the Organization of … Read more
June 27 (Reuters) – At least 10 people died and 251 were injured in a chlorine gas leak from a storage tank at Jordan’s Aqaba port, officials and state media reported on Monday, as authorities called on residents to shut windows and stay indoors. The leak came after a tank filled with 25 tonnes of … Read more
Protesters march through the Santo Domingo Plaza to demand President Guillermo Lasso address price increases for fuel, food and other basics which have ignited 10 days of demonstrations across the country, in Quito, Ecuador June 22, 2022. REUTERS / Santiago Arcos Register now for FREE unlimited access to Reuters.com Register June 27 (Reuters) – Ecuador … Read more
Crude oil storage tanks are seen at the Kinder Morgan terminal in Sherwood Park, near Edmonton, Alberta, Canada November 14, 2016. REUTERS / Chris Helgren Register now for FREE unlimited access to Reuters.com Register LONDON, June 27 (Reuters) – Oil prices edged higher on Monday in a volatile session as investors waited for any moves … Read more