Tag Archives: Bloomberg News Agency

The move comes as it seeks to finance the acquisition of petrochemical giant Sabic.

Given oil’s plummet at the end of last year. OPEC’s strategy to stabilize the market might look a bust.

A surge in OPEC production in late 2018 means the market started this year better supplied than the last.

Trump credits his own talent for having brought down oil prices.

Europe’s LNG imports are expected to increase by 14% to 56 Bcm.

Brent is set to enter 2019 below $54 per barrel and is expected to trend lower amid surging US supply.

The gas being exported out will likely fetch higher prices right now in Europe and Asia.

Average US exports of oil products have risen 7% so far this year.

Facebook Inc. is working on making a cryptocurrency that will let users transfer money on its WhatsApp messaging app.

The OPEC+ alliance agreed earlier this month to remove 1.2 MMbpd from the market in the first quarter of 2019 to revive prices.