Geopolitical tensions have driven crude oil prices to a three-month high, with WTI trading just under $63 and Brent ...
Venezuela's official 300 billion barrels of proven oil reserves is largely the result of reclassification and political ...
Oil futures slipped amid signs of willingness on the part of the U.S. and Iran to hold talks. For the week, futures posted ...
Venezuelan oil cannot quickly lower energy prices despite U.S. action against Maduro. Production of Venezuelan oil is costly, infrastructure is degraded, ...
Despite claims of holding the world’s largest oil reserves, Venezuela’s resources are overwhelmingly extra heavy crude that ...
At-a-Glance: After separation and stabilization, crude oil is stored in engineered tanks (onshore tank batteries, terminals, or offshore FPSO/FSO tanks) and moved via pipeline, marine tankers/barges, ...
SINGAPORE, Sept 11 (Reuters) - The global crude oil market is facing two long-term fundamental shifts that will change how cargoes flow around the world and how they are priced. The first factor is a ...
January WTI crude oil (CLF26) on Friday closed up +0.51 (+0.91%), and January RBOB gasoline (RBF26) closed up +0.0069 (+0.41%). Crude oil and gasoline prices settled higher on Friday. Crude prices are ...
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