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Ample storage and a recovering China insulate Petrobras from

RIO DE JANEIRO (Bloomberg) --Petrobras, Brazils state-controlled oil giant, is plowing through a global oil glut expecting that exports to China will soon rebou.........【More】

2020-04-30

Continental Resources declares force majeure on some oil del

WASHINGTON (Bloomberg) --Shale explorer Continental Resources Inc. told at least one refiner it couldnt make an oil delivery after the global pandemic sent pric.........【More】

2020-04-26

India buying millions of barrels of Saudi crude for strategic

NEW DELHI (Bloomberg) --India, the worlds third biggest oil consumer, is set to snap up millions of barrels of Middle East crude for its strategic reserves, sig.........【More】

2020-04-09

Possibility of output cuts helps oil prices inch higher

SYDNEY (Bloomberg) --Oil rose as investors weighed whether output cuts being discussed by the worlds top producers will be enough to offset the demand destructi.........【More】

2020-04-09

Oil negotiators race for pact, with U.S. role in the balance

LONDON (Bloomberg) --Saudi Arabia, Russia and other large oil producers are racing to negotiate a deal to stem the historic price crash as diplomats said some p.........【More】

2020-04-08

Trump Doesn't Expect to Impose Tariffs on Oil Imports

(Bloomberg) -- President Donald Trump said he doesnt think hell have to impose tariffs on imported oil to blunt the impact of a price war between Russia and Sau.........【More】

2020-04-08