Kuwait oil union rejects minister’s appeal to cancel strike
The oil workers union Saturday turned down an appeal from Kuwait's acting oil minister to call off a total strike ...
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Tag: petroleum
Saudi remarks on oil surge test prospects for output freeze
By Rania El Gamal DOHA (Reuters) - Saudi Arabia's top oil official, Deputy Crown Prince Mohammed bin Salman, said Riyadh ...
Read moreCitigroup hit by energy rout, sees more oil pain ahead
Citigroup (NYSE: C - news) joined the growing list of banks to boost reserves for bad energy loans Friday, but ...
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Malaysian rubber glove makers to hand off higher costs
KUALA LUMPUR -- Top Glove and Hartalega Holdings, two of the world's largest rubber glove manufacturers, intend to increase prices ...
Read moreStricter offshore drilling rules issued, upsetting industry
NEW ORLEANS (AP) -- The Obama administration issued new rules Thursday to make offshore oil and natural gas drilling equipment ...
Read moreGlobal LNG producers look to open new markets to soak up surplus
* New markets needed as Japan, Korea demand drops * Floating terminals offer small growth opportunities * Asia LNG prices ...
Read moreOil glut to ease this year, IEA predicts
A global oil glut that has hit energy companies hard but meant cheap prices for consumers is set to ease ...
Read moreOil falls as dark clouds appear ahead of producer meeting
By Henning Gloystein SINGAPORE (Reuters) - Oil prices fell on Thursday as OPEC warned of slowing demand and Russia hinted ...
Read moreOil prices extend fall with no end in sight for glut
By Henning Gloystein SINGAPORE (Reuters) - Oil prices were pulled down in early trading on Thursday as OPEC warned of ...
Read moreOPEC warns on oil ‘oversupply’ ahead of crunch Doha meeting
OPEC warned Wednesday that the world remains awash with crude ahead of a crunch weekend meeting in Doha between cartel ...
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