OIL-Barrel rises after Brexit deal, but pandemic limits earnings

Ras Lanuf Oil and Gas Company, Ras Lanuf, Libia, 18 agosto 2020. REUTERS/Esam Omran Al-Fetori/ CALGARY, USA / LONDON, Dec 24 (Reuters) – Oil prices rose slightly on Thursday, helped by buying at the end of a volatile low-volume session that closed earlier than usual for the week for the Christmas holidays. * The market … Read more

OPEC + has yet to forge consensus on oil policy by 2021: sources

FILE PHOTO: The OPEC logo before an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria. September 27, 2016. REUTERS / Ramzi Boudina LONDON, Nov 29 (Reuters) – OPEC and its allies, led by Russia, have yet to reach consensus on oil production policy for 2021, following an … Read more

Gulf of Mexico oil workers evacuate as third storm threatens

Neighbors collect sandbags in preparation for Tropical Storm Beta, in Corpus Christi, US, September 19, 2020. HOUSTON (Reuters) – Royal Dutch Shell Plc has halted some oil production activities and began evacuating its workers from a platform in US waters of the Gulf of Mexico, the company said on Saturday as a new tropical storm … Read more