Oil Gains On Easing Trade War Concerns, Sanctions On Iran
Oil futures rose after weeks of declines.

Reuters

NEW YORK, Aug 20 (Reuters) - Oil futures rose on Monday after weeks of declines, as investors grew more concerned about an expected fall in supply from Iran due to U.S.



AAA: US Motorists Buying Less Gasoline, Paying Less for It
With some exceptions, motorists throughout the United States are gradually paying less for regular unleaded gasoline, the AAA reports.

With some exceptions, motorists throughout the United States are gradually paying less for regular unleaded gasoline, the American Automobile Association (AAA) reported Monday.



Some Wyoming Producers Will Be Able to Ditch Diesel Generators
A Wyoming utility is adopting a more mobile approach to supplying electricity to oil and gas customers in the southeast corner of the state.



Sudan Wants ONGC Videsh To Withdraw Arbitration Over Oil Payment Dues
Sudan wants India's ONGC Videsh (OVL) to withdraw arbitration proceedings against the African nation as it is making efforts to mitigate default on payment of dues, OVL says.



Global Oilfield Service Sector to Hit Pre-Downturn Market Levels by 2024
Rystad Energy expects the global oilfield service sector to be back at pre-downturn buy Wellhead market levels by 2024.

Rystad Energy announced Friday that it expects the global oilfield service sector to be back at pre-downturn buy Wellhead market levels by 2024.



Energy Minister: Saudi Aramco Committed To Meeting Future Oil Demand
Saudi Aramco remains committed to meeting future oil demand through continued investments, the kingdom's Energy Minister Khalid Al Falih says.

Reuters



Reuters

SINGAPORE, Aug 17 (Reuters) - Japan's Mitsubishi Corp on Friday said it has agreed to acquire 25 percent of Bangladesh's Summit Liquefied Natural Gas (LNG) terminal and plans to help develop an offshore receiving site in the South Asian country.



Reuters

LONDON, Aug 17 (Reuters) - Royal Dutch Shell's oil traders in the Caribbean island of Barbados are getting ready for a tough gig - they're being moved to the Bahamas next month.



Oil Rises In Session, But Has Weekly Loss On Trade Worries
Crude prices rose on Friday, but declined on the week.

Reuters

NEW YORK, Aug 17 (Reuters) - Crude prices rose on Friday, but declined on the week on worries that oversupply would weigh on the U.S.



Reduced Royalty Rates ‘Will Lead to Even Greater Increase in GOM Activity’
Reduced royalty rates will lead to an even greater increase in activity in the Gulf of Mexico, according to the Louisiana Mid-Continent Oil and Gas Association President Chris John.

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