Channel NewsAsia
Crude oil prices dropped on Friday in the wake of disappointing Chinese trade data and a downgrade of crude demand growth by the International Energy Agency. New York's main contract, WTI light sweet crude for September delivery, fell below the $92...
The Daily Star
Iraqi workers are seen at the Rumaila oil refinery, near the city of Basra. (AP Photo/Nabil al-Jourani, File) Iraq's crude output rose above 3 million barrels a day last month for the first time since the 2003 U.S.-led invasion that toppled Saddam...
The Daily Star
The International Energy Agency cut global oil demand forecasts for this year and next, estimating that growth will slow in 2013 amid weaker expectations for the economy and the restart of nuclear plants in Japan. The Paris-based adviser, which last...
SF Gate
Iraq's minority Kurds are upping the ante with their go-it-alone oil policy, luring some of Big Oil's biggest players and again challenging Iraq's central government to a showdown over a shared export route...The Kurds' handling of the crude beneath...
Washington Post
Last month was the first that saw the combined impact of U.S. sanctions against Tehran, a full E.U. embargo on the country's crude exports and a de facto global ban on maritime insurance for Iranian oil supertankers. The different [production] paths...