Oil and Gas

OPEC ponders how to co-exist with U.S. shale oil

First, they ignored each other. Then, they went into a bruising fight. Finally, they are talking, albeit with opposing agendas.…

Oil traders punish OPEC for promising too much

As OPEC's latest meeting wrapped up in Vienna on Thursday night, ministers congratulated each other on its rare spirit of…

Nigeria LNG launches three-cargo sell tender – sources

Nigeria's liquefied natural gas (LNG) export facility has launched a tender to sell three cargoes loading during June, trade sources…

OPEC disappointment hits oil, stocks; sterling down on UK vote jitters

Oil prices weakened on Friday, prompting a move away from riskier assets and depressing Asian stocks, after an OPEC agreement…

OPEC considering whether to cap Nigerian oil output – delegates

OPEC is debating on Thursday whether to include Nigeria in its pact to restrict oil production, two OPEC delegates said.…

All eyes on Vienna as oil drops; growth hits pound

Oil retreated from a five-week high as investor attention turned from the U.S. Federal Reserve’s somewhat dovish message to the…