The U.S. Gulf Coast saw its crude oil imports in March at their lowest level since 1986.
Read More »U.S. Total Oil Output Poised To Set New 2019 Record
US oil production keeps accelerating towards new highs. New records are expected both when the final numbers for May emerge and at the end of the year.
Read More »Oil Sinks Into Bear Market as U.S. Storage Jumps Most Since 1990
West Texas Intermediate crude entered a bear market and Brent tumbled below $60 after U.S. petroleum inventories ballooned. raising fears of a glut as trade disputes threaten demand.
Read More »Total Oil Sands Production Will Be Nearly 1 MMbbl Higher by 2030
Canadian oil sands production is set to enter a period of slower annual production growth compared to previous years.
Read More »Tillerson Supports U.S. Trade Goals. not Tactics
Tillerson supports the president’s trade objectives but may not support the tactical moves.
Read More »Trade War Could Trigger a Global Financial Crisis
If the China-U.S. trade war continues to grow larger. it may cause the global economy to decline. and may cause a global financial crisis.
Read More »China Targets FedEx in Warning to U.S
China targeted FedEx Corp. in its escalating trade war with the U.S.. giving a hint of the kind of foreign companies it may blacklist as unreliable.
Read More »Chevron Seeks Relief from Trump`s Venezuela Oil Sanctions
Chevron Corp. is lobbying the U.S. for sanctions relief so it can continue doing business in oil-rich Venezuela.
Read More »Why Google Has a Target on Its Back in Washington
The U.S. Justice Department is preparing an investigation of Alphabet Inc’s Google to determine whether the technology company violated laws to ensure fair competition.
Read More »Total Takes on Toshiba`s U.S. LNG Business after Chinese Buyer Pulls Out
Total will take over Toshiba’s U.S. liquefied natural gas business and get $800 million cash from the Japanese group as part of the deal.
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