Crude oil
EIA: US crude stocks jump, gasoline inventories plunge
(Reuters) -- US crude oil inventories surged last week to another record high, while gasoline stocks went the other direction, posting their largest one-week drop in nearly six years, the Energy Information Administration said on Wednesday.
Oil-for-loan debts cost Venezuela's PDVSA hard-won India market share
CARACAS/HOUSTON/NEW DELHI (Reuters) -- Venezuela's state-run oil company, PDVSA, has spent at least a decade trying to build business ties and boost shipments to refineries in India, where crowds once welcomed the late socialist leader Hugo Chavez with cries of "Viva!"
US Judge rules against tribes seeking to stop Dakota pipeline
(Reuters) -- A US judge on Tuesday ruled against native tribes seeking to stop the Dakota Access Pipeline from moving forward on the basis that it would prevent them from practicing religious ceremonies, as legal options for opponents of the project narrow.
Burning less oil at home will help Saudi exports and Aramco IPO
DUBAI (Reuters) -- Saudi Arabia is likely to reduce the amount of oil it burns to generate power this summer as the kingdom hikes domestic energy prices and uses more natural gas in power stations, industry sources said.
CERAWeek ’17: IEA expects global oil demand to rise, outpace supply after 2020
HOUSTON -- Global oil demand will continue to rise in the next five years, dominated by India and Asia, the International Energy Agency said Monday, March 6, during the first day of CERAWeek in Houston.
Oil whipsaws as production seen rising, more OPEC cuts discussed
NEW YORK (Reuters) -- Oil prices whipsawed Monday, turning negative after the International Energy Agency forecast potential shale oil growth and waning European refined product demand, which bodes poorly for global efforts to remove a glut.
US energy stocks, darlings last year, stumble in 2017
NEW YORK (Reuters) -- The energy sector is the stock market's dud so far in 2017 after a banner performance in 2016, and the rest of the year may also be rocky for investors due to the unclear path for crude oil prices.
Asia fuel oil: Buyers re-emerge to narrow cash discounts, spreads sag
DUBAI (Reuters) -- Buyers of physical cargoes re-emerged in the Platts window on Monday helping narrow cash discounts of Asia's 380-cst fuel oil, but a prevalence of bearish sentiment in the paper markets weighed on near-dated time spreads of the fuel.
PetroChina Dalian refinery exports first Australian-spec diesel cargo
BEIJING (Reuters) -- PetroChina's Dalian oil refinery exported on Feb. 27 a 40,000 t cargo of diesel fuel with that met Australian fuel quality specifications, the first shipment of its kind from China, according to a statement posted on the website of the state assets regulator on Monday.
Guyana says future oil output could be refined in Trinidad, Suriname
GEORGETOWN (Reuters) -- The South American nation of Guyana could send future oil production to Trinidad and Tobago or Suriname for refining, a government official said on Thursday.
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