Sanctions-hit refiner Nynas handed administrator by Swedish court
STOCKHOLM (Reuters) – Nynas AB, owned by Venezuela’s state-run PDVSA and Finland’s Neste Oil (NESTE.HE), on Friday filed for company reorganization at a Swedish court…
Reuters
Oil market to remain oversupplied despite deepening OPEC+ cuts: IEA
LONDON (Reuters) – Global oil inventories could rise sharply despite OPEC and its allies deepening their output cuts and slowing U.S. production growth, the International…
Oil market to remain oversupplied despite OPEC+ pact, says IEA
LONDON (Reuters) – Global oil inventories could rise sharply despite an agreement by OPEC and its allies to deepen output cuts as well as lower…
Oil prices fall as U.S. crude stocks jump
LONDON (Reuters) – Oil prices fell on Wednesday after industry data showed an unexpected build in U.S. crude inventories and as investors waited for news…
Oil prices fall as U.S. crude stocks jump
LONDON (Reuters) – Oil prices fell on Wednesday after industry data showed an unexpected build-up of U.S. crude inventories and as investors waited to see…
Trump envoy skips Argentina inauguration, fires warning over Venezuela
BUENOS AIRES (Reuters) – A senior adviser to U.S. President Donald Trump skipped the inauguration of new Argentine President Alberto Fernandez and work meetings planned…
Venezuela Nov crude output jumps to highest level since U.S. tightened sanctions -sources
CARACAS, Dec 10 (Reuters) – Venezuela’s crude output in November jumped more than 20% from the prior month to the highest level since the United…
Venezuela releases six Citgo executives, detained in 2017, on house arrest -sources
CARACAS, Dec 9 (Reuters) – Venezuela has granted house arrest to six executives of U.S. refiner Citgo, a unit of Venezuelan state oil company PDVSA,…
Brazil will drill massive oil find despite climate concerns: minister
MADRID (Reuters) – Brazil will push to expand oil drilling in its massive “pre-salt” oil and gas area off its coast in spite of growing…
Saudi delivers deeper cuts as OPEC+ oil producers back new pact
VIENNA (Reuters) – Saudi Arabia spearheaded a deal on Friday that will see the OPEC+ group of oil producers commit to some of the sector’s…
