Oil and Gas
Congo Republic reforms state oil firm, seeks bailout
Congo Republic plans to replace the board of directors and appoint an audit committee at state oil company SNPC, as…
Goldman sees geopolitics haunting oil again with unclear effects
The oil market is grappling with intensifying geopolitical risks as uncertainty swirls over the impact of tensions surrounding nations such…
OPEC deal extension may be unnecessary, says Kuwaiti oil minister
Essam al-Marzouk,Kuwait’s Oil Minister said OPEC and its partners may not need to extend the November 2016 crude oil production…
Saudis to make deepest cut to crude supply amid strong demand
Saudi Aramco plans to make “the deepest customer allocation cuts in its history” in oil supplies in November to help…
OPEC oil output rises in September as Libya, Nigeria recover
OPEC nations pumped slightly more crude in September as Libya’s biggest oil field returned to production. Output from the Organization…
It’s a dangerous moment for OPEC
Oil prices are recovering. U.S. storm damage and strengthening economies may have finally dislodged sentiment away from resignation to a…
