News

Oil fell for a third session as easing Saudi supply concerns outweighed lingering risks around the Strait of Hormuz.

Sempra Infrastructure signed a 20-year agreement to supply about 0.8 million metric tons per annum of liquefied natural gas to Petrobras from the under-construction Port Arthur LNG phase 2 project in Texas.

Congress gave final approval to a bill to give President Donald Trump new powers to impose tariffs on countries that purchase Russian petroleum products.

Engineers India Ltd. is seeing a slowdown in new orders for Middle East energy projects as continued U.S.-Iran hostilities heighten security risks.

Transnet National Ports Authority has opened applications to pursue a small to medium liquefied natural gas receiving terminal project at the Port of East London in Eastern Cape province.

Japan's Mitsui OSK Lines Ltd. is planning to sell a few of its older oil tankers to take advantage of a surge in vessel prices.

Oil fell for a third session as easing Saudi supply concerns outweighed lingering risks around the Strait of Hormuz.

Congress gave final approval to a bill to give President Donald Trump new powers to impose tariffs on countries that purchase Russian petroleum products.

Crude fell as Saudi pipeline flows improved while uncertainty over Iran and Hormuz persisted.

Schlumberger heirs are set to auction a rare Claude Monet masterpiece at Sotheby's in Paris next month.