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Crude Oil - Oil falls as US-China trade deal prospects dim
Brent crude futures fell 75 cents, or 1.25%, to $61.31 a barrel. U.S. WTI crude was at $56.30, down 50 cents or 0.9%. Oil prices fell on Wednesday as prospects for a trade deal between the United ...
UAE's ADNOC alignes elements to build liquidity on new crude futures exchange
The Abu Dhabi National Oil Company (ADNOC) aims to build liquidity on the new international exchange for Murban crude oil, which will be based at the Abu Dhabi Global Market (ADGM), and to make Murban ...
OPEC+ Risks Oil Slump Below $50 Without Deeper Supply Curbs
With their next meeting just weeks away, OPEC and its partners are showing no impetus for stronger action to support oil prices. But without intervention, some influential forecasters say a new supply ...
Want to lose money? Run Saudi and Russian crude in an oil refinery
Two of the world’s most important grades of crude – Saudi Arabia’s Arab Light and Russia’s Urals – would lose oil refineries money in key processing regions, and new rules to improve the shipping ...
Imperial 'scurrying' to ramp up crude by rail but uninterested in rail contracts
CALGARY — Imperial Oil Ltd. is "scurrying" to quickly ramp up crude-by-rail shipments from its Edmonton terminal to take advantage of improved profitability caused by the Keystone pipeline spill in ...