Oil lower again on doubts over duration of output cut
Oil resumed its slide on Monday as investors remained uncertain whether producing nations would extend an OPEC-led output cut beyond the end of June in…
Articles by Reuters
White House seeks to cut EPA budget 31 percent as Trump targets regulation
President Donald Trump’s administration is proposing a 31 percent cut to the Environmental Protection Agency’s budget, eliminating its climate change programs and trimming back core…
U.S. Shale Oil Output to Soar in April, Permian to Hit Fresh Record
U.S. shale oil production in April was set for its biggest monthly increase since October as output in the Permian Basin, America’s fastest growing shale…
U.S. Crude Stockpiles Soar, Gasoline Inventory Plunges
U.S. crude oil inventories surged last week to another record high, while gasoline stocks went the other direction, posting their largest one-week drop in nearly…
Trillion-dollar question looms as Aramco audits oil reserves
When [IPO-ARMO.SE] reveals a Western audit of its oil reserves, investors will be looking for two answers: How much oil and how much detail? Saudi…
TransCanada to sell two U.S. pipeline stakes to raise funds
Feb 27 TransCanada Corp has offered to sell stakes in two U.S. natural gas pipelines to fund other projects including its recently purchased Columbia natural…
Another Record Week for U.S. Oil Exports as Production Surges
Another week, another record for U.S. crude exports. Producers and traders shipped out 1.21 MMbopd from the U.S. in the week that ended February 17,…
U.S. could grant final permit for Dakota pipeline as soon as Friday: government lawyer
The U.S. Army secretary could make a decision on the final permit needed to complete the controversial Dakota Access Pipeline as soon as Friday, the…
U.S. Refiners Face Weakening Demand at Pump for First Time in 5 years
U.S. refiners are facing the prospects of weakening gasoline demand for the first time in five years, stoking fears that earnings this year may be…
Wall St Week Ahead-Optimism among S&P 500 CEOs as Trump takes power
Jan 20 U.S. President Donald Trump’s administration is only hours old, but already a small parade of S&P 500 companies’ chiefs have voiced optimism that…