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.
Read More »Oil Prices Flat On Minor Crude Draw
Amid the ongoing fears of an escalating trade war between China and the United States. the Energy Information Administration countered the price decline potential of the China factor.
Read More »Why Oil Majors Are Going All-In On U.S. Shale
Chevron sold off much of its assets in the North Sea. no longer viewing the region as a high priority.
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