LONDON, Nov 2 (Reuters) - The world is no longer at risk of running out of oil or gas for decades ahead with existing technology capable of unlocking so much that global reserves would almost double by 2050 despite booming consumption, oil major BP said on Monday. Read full story › Source:: Reuters UK Natural […]
By hellenicshippingnews U.S. crude rose slightly while Brent dipped on Thursday, as traders tried to discern the oil market's direction a day after prices rallied the most in two months even as supplies kept growing. U.S. crude gained almost 2 percent early in the session, before disappointing U.S. economic data curbed investors' enthusiasm after Wednesday's […]
* Exports to China back to 918,000 bpd * Total exports to Asia rebound to highest since August * India buys less, Nigerian crude hit most By Libby George LONDON, Oct 30 (Reuters) - China's loadings of West African crude oil were set to bounce back in November from a multi-year low hit the previous […]
By hellenicshippingnews The U.S. government is getting ready to sell millions and millions of barrels of crude oil. On Wednesday, the House voted to pass a budget deal to increase the country's borrowing limit. As part of the plan to raise funding, the budget includes a provision to sell 58 million barrels of oil from […]
