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Oil retreats on US demand worries despite China stimulus, supply By Reuters
© Reuters. FILE PHOTO: An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January
Iranian Oil Is Stuck off Coast of Texas, but U.S. Firms Won't Touch It
Companies that manage unloading tankers say they are too worried about Iranian reprisal to handle the captured oil on the Suez Rajan. Source link
Shale Industry Is Dropping Drilling Rigs, Fast
Smaller fracking companies are feeling the pinch of inflation, lower oil and gas prices, and fewer prime drilling spots. Source link
Oil down 1% on weak China GDP data, resumption of Libya output By Reuters
© Reuters. FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S. February 11, 2019. REUTERS/Nick Oxford//File Photo By Florence Tan and Mohi Narayan
Chinese Oil Demand Doesn't Make Sense
China’s economy is having a rough summer, but the country is churning out record amounts of diesel and importing vast amounts of crude oil. Source
Drones Reach Stratospheric Heights in Race to Fly Higher, Longer
New military and commercial craft aim to go far higher than jumbo jets and stay there for months, offering a more flexible alternative to satellites.
Oil set for third straight weekly gains on tight supply By Reuters
© Reuters. FILE PHOTO: A Marathon Oil well site is seen, as oil and gas activity dips in the Eagle Ford Shale oil field due
Explainer-How big oil won the bidding for German offshore wind sites By Reuters
© Reuters. FILE PHOTO: Wind turbines, including some from RWE’s new Kaskasi offshore wind farm, are pictured during the opening of the RWE-Offshore-Windpark Kaskasi, north
Exxon Mobil Buys Pipeline Operator, Making Big Bet on Carbon
Exxon Mobil is buying pipeline operator Denbury for almost $5 billion, a big bet by the oil giant on the business of transporting and storing
Saudi Arabia to Lose Top Spot in OPEC+
The kingdom is set to fall below Russia as the largest oil producer in the alliance as its production cuts begin to bite, tightening the
