+ Generate Cloud Share

Reuters /
Brazil far-right candidate could revise pre-salt oil contracts: report

Brazil's far-right presidential front-runner Jair Bolsonaro could revise the country's model of production-sharing contracts in its coveted pre-salt oil fields if he wins this month's election, newspaper Valor reported on Monday.

Saudi Arabia's oil is a powerful weapon. But using it has big risks

Saudi Arabia could drive up oil prices in retaliation for any sanctions imposed over the Khashoggi case but using its big economic weapon would be highly risky and could backfire.

Cramer's 'power ranking' for energy: Marathon, ConocoPhillips, Valero, EOG, Anadarko

Jim Cramer picks the energy sector's power players, which include shares of oil refiners as well as exploration and production entities.

The Wall Street Journal /
U.S.-Saudi Tensions Put Oil-Price Discounts Into Play

Preferential pricing for U.S. purchases of Saudi oil could dry up if tensions over the suspected killing of Saudi journalist Jamal Khashoggi continue ...

Why the market is suddenly concerned Saudi Arabia will weaponize oil in Khashoggi dispute

A statement by Saudi Arabia on Sunday stirred fear that Riyadh could use its influence over the oil market to punish foreign powers if the kingdom ...

Saudi oil is a powerful weapon. But using it has big risks

Forty-five years ago, Saudi Arabia and its allies cut off oil supplies to the United States over its support for Israel. Oil prices quadrupled, ...

VoA /
Zimbabwe's Government Says Worst of its Economic Woes is Over

Zimbabwe's government says the country is emerging from a recent economic meltdown that saw shops run out of goods and motorists spend long hours in lines at gas stations. Economists say Zimbabwe's crisis is not over, as people have no confidence in ...

Reuters /
Death toll reaches 60 in Nigerian oil pipeline fire

Sixty people were killed after a fire broke out on Friday on an oil pipeline in the southeast of Nigeria, a spokesman for the National Emergency Management Agency (NEMA) said on Monday, up from the tally of 16 dead given by officials three days earlier.

15 airlines that no longer exist

In the little more than 100 years of commercial air travel, thousands of airlines have come and gone as casualties of oil prices, politics, ...

Crude oil prices cool down after volatile morning with Saudi Arabia

Crude oil futures went for a wild ride in European trading Monday but settled down before U.S. markets opened, in part because President Donald ...

Washinton Post /
Intense fight over Colorado oil and gas setbacks could end with national precedent

A November ballot measure would keep drilling farther from neighborhoods. Supporters cite serious health risks; industry warns of a severe economic impact.

Saudi Arabia minister offers to continue to serve as oil cushion, calming markets

Saudi Arabia will cover potential disruptions by even major world players through its spare capacity, the country's Energy minister Khalid Al-Falih said Monday.

As tensions rise over Khashoggi's disappearance, so does the price of oil

Some analysts said it was difficult to imagine Saudi Arabia taking action that would hit world oil supply.

Washinton Post /
Saudi Arabia Points the Oil Weapon at Itself

A feud with the U.S. is no way to protect market share or pitch an Aramco IPO.

Washinton Post /
The Finance 202: Wall Street, Trump forced to confront Saudi ties

Neither camp may be able to resist a reckoning with the oil giant.

VoA /
World Oil Prices Help Vietnam Expand an Already Fast-Growing Economy

An increase in world oil prices is helping Vietnam earn money that will quicken its already fast economic growth and may help the country build new ...

The Guardian /
Australian shares fall amid market jitters over oil, trade and rates – business live

Financial markets are set for a nervous start to the week amid continuing US-China trade tensions and concern about rising US borrowing costs. Follow all the action live • Saudi stocks tumble on fallout from Khashoggi disappearance • UK: forecasts say economy could see worst year since crash • Theresa May vulnerable as Brexit talks on knife-edge ...

Why pressure on Saudi Arabia could 'escalate quickly', and bring pain for everyone else

OPEC ministers announced a deal that will increase oil supplies after the producer group capped output for 18 months.

Washinton Post /
Why Pricing Carbon Is Still More Theory Than Reality: QuickTake

It’s an idea that’s been around for more than two decades: To slow climate change, make polluters pay for the damage they cause. More than 60 nations, states and cities have adopted what’s known as carbon pricing, an approach held up by environmentalists, global institutions and even many oil companies as an elegant, free-market approach to global ...

USA Today /
Saudis reject US threats over missing journalist Jamal Khashoggi, warn oil could skyrocket

The government of Saudi Arabia on Sunday denied any involvement in the disappearance of Washington Post contributing journalist Jamal ...

Reuters /
U.S. Gulf of Mexico oil and gas output returning to normal post storm

U.S. Gulf of Mexico oil and gas production is returning to near normal levels three days after Hurricane Michael made landfall on the Florida ...

The Wall Street Journal /
Power Play: Tiny East Timor Bets Big on Oil and Gas

Sixteen years after East Timor secured its independence, the government in this tiny nation is gambling on a huge new refinery complex to help secure ...

NY Times /
For a Struggling Oyster Town, Hurricane Michael May Be One Misery Too Many

The small oyster town of Apalachicola, on a remote point on the Gulf of Mexico, had already suffered through drought and an oil spill. Then Hurricane ...

Marketwatch /
Futures Movers: U.S. oil benchmark struggles to hold gains as global stocks stabilize, output climbs

Prices for the U.S. oil benchmark edge higher on Friday, but struggle to hold their gains as global investors assess the next leg for volatile stock markets and signs of rising crude supplies contribute to an overall weekly loss of more than 4%.

High energy prices threaten economic damage, but likely to continue: IEA

Expensive energy, including prices of oil, gas and coal at "multi-year" highs, pose a threat to economic growth worldwide, the Paris-based IEA said.

BSEE: One-third of Gulf oil output remains 'shut-in' two days after Michael

Just under one-third of Gulf of Mexico oil output remains 'shut-in' two days after Hurricane Michael made landfall along the North Florida coast

See More  
back to top