Drone Hits Oil Field In Iraq's Kurdistan
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Russia, oil prices
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Iraqi Kurdistan will resume oil exports through a pipeline to Turkey after a two-year halt, Iraq's federal government said on Thursday despite a fourth day of drone attacks that have shut down half of the region's output.
Oil prices have slumped all year, and the industry has been hesitant to get onboard with "drill baby drill." One exec see prices nearing a dangerous level.
Iraq approved a plan for its semi-autonomous Kurdish region to transfer oil to Baghdad, a step toward resuming exports that have been halted for more than two years.
Oil prices rose on Thursday, reversing declines in the previous three sessions, buoyed by stronger-than-expected economic data from the world's top oil consumers and signs of easing trade tensions. Brent crude futures rose 24 cents,
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Statistical Review highlights the US's continued leadership in oil production and consumption, global demand reaching new highs, and significant shifts in energy trends.
Saudi Arabia’s seaborne oil flows remain at elevated rates in the wake of a surge in production from the kingdom last month during heightened regional tensions.
Oil prices edged up on Thursday on signs of easing trade tensions, stronger than expected economic data from the world's top oil consumers and renewed risks in the Middle East. Brent crude futures were up 17 cents,
The Warren exhibit features personal items from John D. Rockefeller's Cleveland years and artwork collected by multiple generations of the family.
BP announced it had capped its crippled underwater well that sent millions of barrels of crude gushing into the Gulf of Mexico for three months.
Oil prices rose on Thursday as analysts pointed to low inventories and renewed Middle East risks as factors supporting the market.