Edition:
United Kingdom

Jessica Resnick-Ault

Oil market shrugs off Libya crisis amid ample global supply

21 Jan 2020

NEW YORK Oil prices fell on Tuesday on expectations that a well-supplied global market, including supplies from record U.S. production, would be able to absorb disruptions that have cut Libya's crude production to a trickle.

U.S. refinery sales hit the brakes, with 5% of capacity on block

10 Jan 2020

NEW YORK From coast to coast, U.S. refineries are available for the taking, but nobody is buying.

U.S. refinery sales hit the brakes, with 5% of capacity on block

10 Jan 2020

NEW YORK, Jan 10 From coast to coast, U.S. refineries are available for the taking, but nobody is buying.

Exclusive: Royal Dutch Shell seeking buyer for Anacortes, Washington refinery - sources

09 Jan 2020

NEW YORK Royal Dutch Shell Plc is looking to sell its oil refinery in Anacortes, Washington, according to three people familiar with the matter.

Oil eases as focus shifts from Iran tensions to U.S. crude build

09 Jan 2020

NEW YORK Oil prices retreated further on Thursday, adding to sharp losses in the previous session as the market shifted focus toward rising U.S. crude stocks and away from worries about the conflict between the United States and Iran.

U.S. energy shareholders seek to leave behind a lost decade

27 Dec 2019

NEW YORK The 2010s was a lost decade for shares of U.S. energy companies overall. Volatile commodity prices amid growing supply, poor financial performance and disfavor from some investor groups all contributed to the energy sector's transformation from investor darling to investor outcast.

Oil rises on supply cut pledges and slow return of Gulf field

24 Dec 2019

NEW YORK Oil prices rose on Tuesday in thin pre-Christmas trading after Russia said cooperation with OPEC on supply cuts would continue and amid optimism that the United States and China could finalize a trade agreement.

Apache and Total team up for oil exploration off Suriname

23 Dec 2019

Apache Corp and French rival Total have formed a joint venture to develop a project off Suriname, the companies said, in a deal that gives the U.S. oil and gas producer a cash injection.

World News

China virus death toll mounts to 25, infections spread

A new coronavirus has killed 25 people in China and infected more than 800, the government said on Friday, as the World Health Organisation declared it an emergency but stopped short of declaring the epidemic of international concern.