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Oil Set for Bumpy Week as US Says Iran May Strike Saudi Again

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(Bloomberg) --Oil is set for a bumpy week as the U.S. warned Iran may attack Saudi Arabia again following the American assassination of one...

Gulf Stocks Drop as US Strike on Iranian General Lifts Tension

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(Bloomberg) --Stocks in the Gulf went into retreat as the U.S. killing of Iran’s most prominent general reverberated across the region. Kuwait’s benchmark index dropped...

Middle East Shipping Risks Seen Elevated Amid US-Iran Tensions

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(Bloomberg) --The risk to shipping in one of the world’s key oil-producing regions is set to rise following a U.S. airstrike in Iraq that...

Kuwait Could Agree in Days With Saudis on Neutral-Zone Oil

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(Bloomberg) --Kuwait and Saudi Arabia could reach an agreement by the end of this year to renew oil output in the shared neutral zone...

Fighting Shipping Pollution Is Bad For the Planet

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(Bloomberg Opinion) --The shipping industry is getting serious about cutting sulfur dioxide emissions. People who live along busy shipping lanes will see health benefits...

Oil’s 2019 Milestones Tell Decade’s Story of Energy Abundance

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(Bloomberg) --Global oil markets notched up a number of milestones this year that echoed the story of the past decade: the world has shifted...

Oil Price Touches $61 for First Time in 3 Months as Optimism Abounds

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(Bloomberg) --Oil briefly touched $61 a barrel for the first time in three months as strengthening outlooks for manufacturing and trade buoyed demand prospects. Futures...

UAE Shipping Hub Pledges Gentle Start to New 2020 Fuel Rules

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(Bloomberg) --The world’s oil tanker owners can breathe a sigh of relief: a vital Middle East shipping hub is going to start enforcing sweeping...
iraq oil

Goldman Lifts 2020 Oil Forecasts as OPEC Cuts Tighten Market

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(Bloomberg) --Goldman Sachs raises 2020 Brent spot price to $63/bbl from $60 previously, according to emailed report. Long-term anchor price still seen at $55/bbl. ...

Why Bitcoin Mining Is Being Touted as a Solution to Gas Flaring

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(Bloomberg) --A Denver-based company that installs data centers at shale drilling sites to take advantage of excess natural gas supplies says it now has...