Overall, crude .
(Bloomberg) -- Saudi Arabia gave the strongest indication yet that it’s trying to stop oil prices from rising further, saying that OPEC and allies are in a “produce as much as you can mode” to assure customers that they can meet demand and remove any uncertainties about looming shortages.
(Bloomberg) -- Total SA boss Patrick Pouyanne proved once again that he’ll go where other business leaders fear to tread.
The storm in Saudi Arabia caused by the killing of dissident journalist Jamal Khashoggi was too much for the chief executive officers of Siemens AG and BlackRock Inc.
Front-month crude oil futures each lost more than 4 percent Tuesday.
The December West Texas Intermediate (WTI) crude oil futures price fell $2.93 Tuesday to settle at $66.43 a barrel.
BP confirmed Monday that it has received approval from the UK’s Oil and Gas Authority (OGA) to proceed with the Alligin development west of Shetland.
The developer of a grassroots Permian Basin oil refinery on Monday named the overall engineering, procurement and construction (EPC) contractor to complete detailed engineering and construct the facility, which will be located in Pecos County near Fort Stockton, Texas.
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