Business
China Aviation Oil confirms Sinopec merger with parent CNAF
State administrators have given the nod for the merger following deliberation, says CAO The parent company of China Aviation Oil (CAO)…
Tag
Oil
Business
US oil companies say they need guarantees to invest in Venezuela: FT
US OIL companies want “serious guarantees” from Washington before they make large investments in Venezuela, as President Donald Trump…
Business
ExxonMobil signals lower oil prices could hit fourth-quarter upstream profit
US OIL major ExxonMobil said on Wednesday that lower crude oil prices could cut its fourth-quarter upstream earnings by about US$800…
News
Trump Says He Will Control the Money From the Venezuelan Oil He Stole
March 12, 2025: Greenland’s parliamentary elections result in a massive win for the pro-independence movement. The center-right…
Fashion
Chinese refiners expected to replace Venezuelan oil with Iranian crude
Analysts say the Venezuela drama hits ‘teapots’ the hardest, and do not foresee them bidding up for unsanctioned barrels Chinese…
News
Here’s How Long Trump Plans to Run Venezuela’s Oil Industry
March 12, 2025: Greenland’s parliamentary elections result in a massive win for the pro-independence movement. The center-right…
News
US seizing Venezuela-linked, Russian-flagged oil tanker after weeks-long pursuit
The United States is attempting to seize a Russian-flagged oil tanker with links to Venezuela after a more than two-week-long pursuit…
News
US seizes Venezuela-linked, Russian-flagged oil tanker after weeks-long pursuit
It appears to be the first time in recent memory that the US military seizes a Russian-flagged vessel The US seized a Russian-flagged oil…
News
Oil falls after Trump says Venezuela will supply to US
Oil prices fell on Wednesday (Jan 7) after President Donald Trump said the United States had reached a deal to import up to US$2 billion…
Business
China vows to stabilise grain, edible oil production in key meeting
Beijing seeks food security in the face of economic challenges and pressures from urbanisation China must stabilise grain and edible oil…
News
Oil settles up over 2% on dented peace hopes in Ukraine, tensions in Yemen
Strong Chinese waterborne crude imports are also helping tighten oil markets, said UBS analyst Giovanni Staunovo Oil prices settled more…
News
Oil rises as investors weigh outcome of Trump-Zelensky meeting
Oil prices rose on Monday (Dec 29) as investors weighed the outcome of talks between the US and Ukrainian presidents on a potential deal…
News
Oil falls 2% on looming supply glut, hopes of Ukraine peace deal
Oil prices settled more than 2 per cent lower on Friday (Dec 26) as investors weighed a looming global supply glut, while also keeping an…
News
Proposed legislation would add refined fuels to the U.S. emergency crude oil supply
Sen. John Curtis has introduced legislation to establish a dedicated stockpile of refined fuels such as gasoline, diesel and jet fuel and…
Business
Oil rises as market weighs Venezuela supply risks
Brent and WTI prices are on track to drop about 16% and 18%, respectively, this year Oil prices climbed on Friday (Dec 26) after the US…
Business
China's CNOOC makes second big oil find in Bohai Sea
China’s oil major CNOOC Limited said on Wednesday (Dec 24) it has discovered an oilfield with proved in-place volumes exceeding 100…
Business
Japan’s Eneos leads bids for Chevron’s Singapore oil refinery stake
Japan’s Eneos Holdings is ahead of rival bidders for US heavyweight Chevron’s stake in a Singapore oil refinery, according to people…
Fashion
Oil loading in Venezuela slows, more ships make U-turns after new US interceptions
TANKER loading in Venezuela dwindled on Monday, with most ships moving oil cargoes only between domestic ports following US action against…
News
Oil up on news the US intercepted an oil tanker off Venezuela
Oil prices rose on Monday (Dec 22) after officials said the US had intercepted an oil tanker in international waters off the coast of…
Business
US reportedly pursuing third oil tanker linked to Venezuela
The US Coast Guard is in "active pursuit" of another vessel in international waters near Venezuela, an official has told the BBC's US…
News
Second oil tanker seized off coast of Venezuela
U.S. forces stopped another vessel off the coast of Venezuela as President Trump ramps up pressure on Venezuelan President Nicolas Maduro.…
News
Snake Oil Salesman Says Trans Kids Are Result of “Junk Science”
The Trump administration is stripping funding for gender-affirming care. The new rule, announced by the Department of Health and Human…
News
Try to Make Any Sense of What Trump Is Saying About Venezuelan Oil
Newhouse was also one of 35 Republicans who voted to establish the January 6 commission to investigate the Capitol insurrection, so it’s…