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Crude sets six-month high as market digests potential loss of Iranian barrels
Oil futures settled higher for a second session Tuesday, with crude notching fresh six-month highs…
Murphy’s LLOG Exploration buy bulks up Gulf of Mexico deepwater, exploratory presence
Murphy Oil said Tuesday it will acquire a set of producing assets from a joint…
Crude-by-rail vapor standards bill heads to Washington governor’s desk
A bill that could dramatically impact roughly 150,000 b/d of crude-by-rail traffic to refineries in…
Global spare oil production capacity at ‘comfortable levels’: IEA
Global oil markets are adequately supplied with “comfortable” levels of spare production capacity, according to…
OPEC has the spare capacity to offset Iran’s oil supply losses, but does it have the will?
The looming lapse of sanctions waivers for imports of Iranian crude, along with the intensifying…