LATEST ARTICLES

Saudi Aramco Shuts Jeddah Refinery Indefinitely (Tuesday, 21 November 2017)

State oil big Saudi Aramco has shut down its 90,00zero barrel per day crude oil refinery in Jeddah indefinitely, business sources accustomed to...

Oil Veteran Andy Hall said to brief OPEC on U.S. Shale...

Andy Hall, the veteran crude dealer who closed his hedge fund this 12 months, will transient OPEC officers on the outlook for U.S....

Caution Urged on Potential Investors in Venezuela (Monday, 20 November 2017)

Jay Newman, the previous hedge fund supervisor who helped billionaire Paul Singer win a 15-year battle in opposition to Argentina, has a...

For sale: $20 billion of Unwanted Oil Shares Seek New Owner...

Major oil firms are beneath strain, unloved and on sale.Energy giants from ExxonMobil to Royal Dutch Shell are struggling again to their toes...

Keystone Pipeline Leaks 210,000 Gallons of Oil in South Dakota (Monday,...

About 5,000 barrels of oil, or about 210,000 gallons, gushed out of the Keystone Pipeline on Thursday in South Dakota, blackening a grassy...

Siemens to Cut 6,900 Jobs Worldwide, Including in U.S. (Monday, 20...

Germany-based Siemens AG, which has a presence in Houston, introduced Nov. 16 it’s making structural adjustments that may embody 6,900 job cuts worldwide...