Featured news article
US airlines loosen belts on costly hedges as jet fuel turbulence wanes
US airlines have loosened their belts on costly hedges as jet fuel turbulence wanes, while Europe's reaction to lower and less volatile jet fuel prices has been mixed....Read More »
View all Oil News »
Japan to hike 2015-16 upstream budget for Africa, Latin America exploration, acquisitions
Japan's Ministry of Economy, Trade and Industry aims to hike its budget
for exploration and acquisitions in fiscal 2015-16 (April-March) with a focus
on securing new assets in Africa and Latin America.
China LPG: Prices rise on pickup in buying activity, lower supply
LPG prices in East and South China rebounded strongly this week amid a
rise in replenishment activity and a reduction in supply, domestic trade
sources said Friday, August 29.
US rail shipments of crude, products last week up 28.4%, YTD up 10.5% on 2013:AAR
Rail traffic for crude oil and petroleum products in the US rose 743
units for the week ending August 23 to 16,396 carloads, a 28.4% increase from
the same time last year, data from the Association of American Railroads