This is the Young Professional Explorers Day. We've run this for multiple years now, both internationally and in Houston in the Americas. Today is actually an event for all Explorers within Shell to connect and…
Oil supply, demand divergence ‘now broken’: Saudi minister…
The divergence between oil supply and demand had been "markedly broken," and the market had moved into backwardation less than a year into OPEC's agreement with major non-OPEC producers to curtail oil output, Saudi oil…
Most commodity prices in Trump era weaker —…
Ten of the 11 average commodity prices tracked by S&P Global Platts since President Donald Trump took office remain weaker than their averages during President Obama’s two terms. Although fundamentals and a range of other…
Mexico to offer 35 shallow-water blocks in March…
Mexico's National Hydrocarbon Commission will auction 35 shallow-water blocks in its first invitation to bids of the country's third hydrocarbon auction round, or Round 3.1, the commission, or CNH, said Thursday.These blocks have a range…
Vitol return to bidding activity in the European…
Trading house Vitol has returned to the bid side of the European diesel Market on... Source link
Feature: Ghana’s output ramps up on Sankofa oil…
Ghanaian oil production is expected to reach record highs of over 200,000 b/d in October as exports of new grade Sankofa pick up, trading and industry sources said Friday.Oil production has more than doubled…
Corbyn warns Tories will roll back on EU…
September 23, 2017 by Jim Pickard, Chief Political Correspondent Jeremy Corbyn has challenged the government’s repeated claim that Britain will keep existing European regulations after Brexit.Speaking in Brighton ahead of Labour’s annual conference, the leader…
Unusual Ruling Could Impact Cheap Solar Panel Imports
In a decision that could potentially have a profound impact on U.S. trade policy, the U.S. International Trade Commission has ruled that a flood of cheap, foreign solar panels is unfairly hurting U.S. manufacturers, creating…
Oil Exempt In Fresh Sanctions On North Korea
U.S. President Donald Trump announced additional sanctions on North Korea today, but the sanctions do not include crude oil.The announcement came after word that oil would be exempt in the new round of sanctions, a…