crude-oil

Big Oil Warned White House China Trade Deal Was Unrealistic

Big Oil Warned White House China Trade Deal Was Unrealistic

Industry leaders privately warned the Trump administration that the U.S. will struggle to produce the oil, gas and other energy products that China has committed to buy in a new trade deal, raising
The Fugitive Ex-CEO of Mexico's Oil Company Just Got Arrested in Spain

The Fugitive Ex-CEO of Mexico's Oil Company Just Got Arrested in Spain

Pemex’s fugitive former chief executive officer was arrested Wednesday, the most high-profile case yet in President Andres Manuel Lopez Obrador’s crackdown on corruption.
As OPEC+ Reels From China Virus, Libya Threatens Knockout Punch

As OPEC+ Reels From China Virus, Libya Threatens Knockout Punch

After a week of wrestling, OPEC and Russia may be within reach of a hesitant response to the coronavirus. But a possible peace deal in Libya threatens to knock them off balance.
Cost of Trudeau’s Pipeline Wager Soars 70% to $9.5 Billion

Cost of Trudeau’s Pipeline Wager Soars 70% to $9.5 Billion

The cost to build Justin Trudeau’s pet oil-pipeline project just got a few billion dollars more expensive.
Cost of Trudeau’s Pipeline Wager Balloons 70%

Cost of Trudeau’s Pipeline Wager Balloons 70%

The cost to build Justin Trudeau’s pet oil-pipeline project just got a few billion dollars more expensive.
U.S. Weighs Rosneft Sanctions But Wary of Oil Market Chaos

U.S. Weighs Rosneft Sanctions But Wary of Oil Market Chaos

The U.S. is weighing whether to sanction Russia’s biggest oil producer, Rosneft PJSC, for maintaining ties with Venezuela’s Nicolas Maduro, though American officials are wary that the move could cause
China to Halve Tariffs on $75 Billion U.S. Goods From February 14

China to Halve Tariffs on $75 Billion U.S. Goods From February 14

China will halve tariffs on some $75 billion of imports from the U.S. later this month, reciprocating a U.S. action and likely satisfying part of the interim trade deal.
Iran’s Rouhani Seeks Checks on Election-Vetting Body: IRNA

Iran’s Rouhani Seeks Checks on Election-Vetting Body: IRNA

Iran’s President Hassan Rouhani asked his top aides and lawmakers to draft a bill revising the election-related powers of the Guardian Council, one of the Islamic Republic’s most powerful
Trudeau Pipeline Wins in Court, Boosting Canadian Oil Sector

Trudeau Pipeline Wins in Court, Boosting Canadian Oil Sector

The Canadian government’s plan to expand a major oil pipeline cleared a key legal hurdle, providing optimism the project will proceed and sending a lifeline to the country’s ailing energy industry.
Belarus Strongman Dangles Trump at Putin in Demand for Respect

Belarus Strongman Dangles Trump at Putin in Demand for Respect

Belarusian President Alexander Lukashenko is wielding an unusual weapon in his struggle with Kremlin leader Vladimir Putin to remain independent from Russia while securing oil supplies from his giant
Russia Warns of Trade ‘Volatility’ With China on Virus Risk

Russia Warns of Trade ‘Volatility’ With China on Virus Risk

Russia said trade relations with China may be disrupted as a result of measures to fight the spread of the deadly new strain of coronavirus.
Saudi King, Russia's Putin Discuss Oil After Virus Slams Prices

Saudi King, Russia's Putin Discuss Oil After Virus Slams Prices

Bob McNally, president of Rapidan Energy Group and a former White House oil official under President George W. Bush, talks about the rare phone call held by Russian President Vladimir Putin and Saudi
Saudi King and Putin Discuss Oil Market After Virus Slams Prices

Saudi King and Putin Discuss Oil Market After Virus Slams Prices

Saudi and Russian leaders held a rare phone call as oil markets tumbled, the latest signal that the OPEC+ alliance is trying to build a consensus for an output cut to prop up prices.
Pompeo Offers Oil-Strapped Belarus All the Crude It May Need

Pompeo Offers Oil-Strapped Belarus All the Crude It May Need

U.S. Secretary of State Michael Pompeo suggested his country may help Belarus satisfy its demand for crude as the former Soviet nation scrambles to find alternative energy supplies after Russia
Japanese Warship Steers Clear of Trump Risk in Mideast Mission

Japanese Warship Steers Clear of Trump Risk in Mideast Mission

The centerpiece of Japan’s response to U.S. calls for a Middle East security coalition -- a single warship -- sets sail Sunday, on a mission that highlights just how few American allies have signed
U.S. Lifts Sanctions on Unit of China’s Biggest Shipping Company

U.S. Lifts Sanctions on Unit of China’s Biggest Shipping Company

The U.S. lifted sanctions against a unit of China’s biggest shipping company that was accused of hauling Iranian crude in violation of American restrictions.
Thwarting Smugglers Leave Nigerians Counting Costs of Stony Rice

Thwarting Smugglers Leave Nigerians Counting Costs of Stony Rice

In Adeola Adejare’s market store in Lagos, two teenage boys separate stones from Nigerian rice, preparing it for sale after the government closed land borders and stemmed the flow of cheap, smuggled
Russia Closes Border With China to People, Not Goods

Russia Closes Border With China to People, Not Goods

Russia shut its 4,209-kilometer (2,615 mile) land border with China to most passenger travel as the Kremlin seeks to prevent the spread of the deadly coronavirus from its biggest trading partner.
Yemeni Rebels Target Saudi Aramco in Jazan

Yemeni Rebels Target Saudi Aramco in Jazan

Yemen’s Houthi rebels launched a missile attack on Saudi Aramco, but an oil official in the kingdom said the projectiles were intercepted before they could hit their target in the southern Jazan
Erdogan Warns Russian Mercenaries in Libya Paid by Abu Dhabi

Erdogan Warns Russian Mercenaries in Libya Paid by Abu Dhabi

Turkish President Recep Tayyip Erdogan lobbed a rare direct rebuke at the rulers of Abu Dhabi over their backing of Khalifa Haftar and the Russian mercenaries fighting on his behalf in Libya.