Oil and Gas
Natural gas futures retreat from 2-week high
Natural gas futures edged lower on Tuesday, retreating from the prior session's two-week high amid speculation the end of the…
Exxon shuts Papua New Guinea output to inspect quake damage
Exxon Mobil Corp. has shut production platforms and a processing plant in the highlands of natural gas exporter Papua New…
Saudis see oil output cuts easing next year as producers remain committed to re-balancing market
OPEC and its allies including Russia may next year ease the crude-output curbs that have helped prices recover from the…
OPEC reports achieve highest oil cut conformity level of 133% in January
The Organization of the Petroleum Exporting Countries (OPEC), and participating non-OPEC countries achieved the highest level of 133 percent in…
Oil demand ‘fairly strong’ for 2018- Vitol
Vitol, world’s biggest independent oil trader, sees “fairly strong” demand for crude this year, leading to a further drawdown in…
Venezuela’s oil-backed cryptocurrency raised $735m in one day, president claims
President Nicolas Maduro of Venezuela has claimed that the country's oil-backed "petro" cryptocurrency raised $735 million in the first day…
