[ad_1] July 25, 2018 6:35 am ET LONDON – Oil prices rose on Wednesday morning as oil stocks decline in the United States Brent crude, the world's benchmark, rose 0.76% to 74, …
Read More »Oil rises on falling US stocks
Iran threatens "countermeasures" if the United States blocks their oil exports
[ad_1] The US Energy Information Administration (EIA) identifies the Strait of Hormuz as one of seven major "maritime strangulation points" that are "critical to safety Global Energy. " Chokepoint the busiest. In …
Read More »Towers outside cities can not sue oil companies for climate change
[ad_1] You can not continue your way to a solution for global warming. Judge John Keenan of the Southern District of New York on Thursday dismissed New York City's lawsuit against international …
Read More »Mexico postpones oil sales until Lopez Obrador takes office
[ad_1] July 18, 2018 4:55 pm ET MEXICO – Mexican oil regulators postponed petroleum block auctions until Wednesday after the inauguration of president-elect Andrés Manuel López Obrador. Sales of 37 ground blocks …
Read More »The United States reports that it would consider certain exemptions on Iranian oil
[ad_1] "We are going to impose very strongly the Iranian nuclear sanctions," said Treasury Secretary Steven Mnuchin on Friday. "We told our counterparts that we were expecting from them that they apply …
Read More »UPDATE 1-S. South Korea Crude oil imports drop to the lowest since January 2015
[ad_1] (Adds detail, background) * Imports of 686,849 tons of Iranian crude oil in June compared to 1.15 million tons ago * Imports of H1 oil from Iran fell by 33.9 % …
Read More »The United States and its allies plan a possible loosening of oil reserves
[ad_1] U.S. and Western officials are considering a possible release of emergency oil stocks if new deliveries can not prevent another sharp rise in prices, according to people close to the record. …
Read More »Oil falls at $ 73 per barrel
[ad_1] TOKYO / LONDON (Reuters) – Oil prices fell more than 1 percent on Friday, as Libyan ports reopen and amid hopes that Iran will still export some of the latest U.S. …
Read More »Brent oil gains $ 1 to claw back some losses
[ad_1] TOKYO (Reuters) – Brent crude rose more than $ 1 on Thursday, recouping some ground after its biggest one-day drop in two years in the last session on which Libya would …
Read More »Reserve capacity is becoming the biggest risk factor for oil
[ad_1] Iraqi workers stand near a pipeline ejecting oil on the Al Tuba oil field in Basra, south-east of Baghdad ] REUTERS / Essam Al-Sudani With about 2.5 million barrels per day …
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