OPEC Compliance With Output Cuts Was Only 74% In May
Not even a full month into OPEC’s deep production cut agreement, rumors have already surfaced that there is a...
U.S. pipeline operator Energy Transfer warns of coming job cuts
U.S. pipeline operator Energy Transfer LP will begin cutting about 6% of its workforce next week, underscoring the spreading impact...
Sale of shut Philly refinery to real estate developer delayed
The closing of a $252 million sale of the Philadelphia Energy Solutions (PES) oil refinery to a Chicago-based real...
Oil Extends Losses After Surprise Jump in U.S. Crude Stockpiles
Oil extended losses after an industry report showed a surprise jump in U.S. crude stockpiles last week. West Texas Intermediate crude...
Oil Mixed as U.S.-China Tensions Heat Up
Oil was mixed on Thursday morning in Asia, with the black liquid clawing back some losses from its second...
