All about Crude oil

pdvsa
By Edition On Thursday, June 14th, 2018
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Venezuela eyes first-ever refining of foreign oil

HOUSTON - Venezuela is considering refining foreign crude for the first time to produce fuels, the latest sign of the country's strain to meet its obligations despite having the world's largest crude reserves. State-run More...

Oil
By Edition On Tuesday, May 15th, 2018
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Crude oil rises despite weaker commodities

WASHINGTON - Crude oil futures rose Tuesday, even as US stocks and other commodities melted down. Oil has surged to 4-year highs amid speculation that OPEC will continue to cut production. Saudi Arabia and other More...

Oil
By Edition On Monday, May 7th, 2018
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WTI oil rises above $70 a barrel on U.S.-Iran sanctions

NEW YORK - Crude futures in New York topped $70 a barrel for the first time since November 2014 as traders brace for a re-imposition of U.S. sanctions on Iran that risks disrupting exports from OPEC’s third-largest More...

Oil Refinery
By Edition On Thursday, February 8th, 2018
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Venezuela resorts to swaps to get imported oil for Curaçao refinery

WILLEMSTAD - Venezuela's state oil firm PDVSA has resumed crude imports for its 335,000-barrel-per-day Isla refinery in Curaçao after a seven-month pause, as it seeks to turn around falling fuel output, according More...

pdvsa
By Edition On Tuesday, February 14th, 2017
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Venezuela delays crude shipments

HOUSTON - Venezuelan state oil company PDVSA has delayed and cancelled crude deliveries to commercial partners in recent months, according to documents seen by Reuters, a further sign of the steady production decline More...

PDVSA
By Edition On Thursday, August 18th, 2016
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Venezuela’s light crude habit soaks up US exports

HOUSTON - Venezuela’s thirst for light crude imports could play an interesting role in crimping as much as 300,000 b/d of its own crude exports. That would amount to a whopping 14% of Venezuela’s 2.12 million More...

oil refinery
By Edition On Tuesday, April 5th, 2016
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Export crude oil declined 7 percent in March

WILLEMSTAD - Exports of Venezuelan crude to the United States fell almost 7 percent in March versus the same month of 2015 to 793,581 barrels per day (bpd), according to Thomson Reuters Trade Flows data, affected More...

Curoil
By Edition On Wednesday, December 9th, 2015
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Oil down 1 percent after hitting 2009 lows

Oil futures ended lower with Brent down over 1 percent on Tuesday after plumbing near seven-year lows on fears global oil producers will pump even more crude in battle for share in a saturated market. Both Brent More...

Oil
By Edition On Tuesday, November 10th, 2015
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Oil steady after IEA sees sharp decline in investment

Oil prices were steady on Tuesday after the International Energy Agency noted unprecedented declines in investment, though the overall picture of an oversupplied market limited any gains. Brent crude LCOc1, the More...

oil rig
By Edition On Wednesday, October 28th, 2015
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Curabieren Bubble Bursts?

WILLEMSTAD - Today 28 October marks the first anniversary of the establishment of Curacao’s national oil company, Kompania di Petroli I Gas di Korsou (or KPG). Precisely one year ago, and with a certain amount More...