OPEC Sees Need to Keep Oil Supply Deal as Demand Faces Headwinds
OPEC needs to keep working with other oil producers to manage global supplies as demand for crude faces 'headwinds,' the head of the organization said.



Tale of Two Oil Markets: Brent Bulls Split From US Optimists
For oil investors, this is both the best of times and the worst of times, depending on which crude benchmark you trade.



CVR Seeks Bids for Oklahoma Tank Farm
CVR Refining, LP plans to sell its crude oil tank farm assets in the oil pricing hub of Cushing, Okla.

CVR Refining, LP plans to sell its crude oil tank farm assets in the oil pricing hub of Cushing, Okla.



Crude See-Saws as Supply Crunch Muted by Impending Demand Drop
Oil capped recent gains as international supply concerns were overshadowed by a looming demand drop.

(Bloomberg) -- Oil capped recent gains as international supply concerns were overshadowed by a looming demand drop.



(Bloomberg) -- Clayton Riddell, who founded Canadian oil BOP Blow Out Preventer repair company gulf coast Paramount Resources Ltd. and co-owned the NHL’s Calgary Flames ice hockey team, has died.



Permian Highways Desperate for Traffic Relief
US Highway 285 is a major north-south route within the Permian Basin of West Texas and southeastern New Mexico, and it's seen better days.



China's Squeezed 'Teapots' Eye Petchem Path To Riches
Several independent Chinese refineries are drawing up plans to build petrochemical complexes in east China's Shandong province.

Reuters

BEIJING, Sept 14 (Reuters) - Several independent Chinese refineries are drawing up plans to build petrochemical complexes in east China's Shandong province, aiming to join an investment boom in the world's top chemicals market.



Reuters

BAKU, Sept 14 (Reuters) - British oil major BP has acquired a 61 percent participating interest in the existing onshore Gobustan PSA (product sharing agreement) in Azerbaijan, BP Azerbaijan said on Friday.



Crude Caps Weekly Advance as Iran Sanctions Bite Into Supply
Crude posted a third weekly advance out of four as Iranian sanctions take center stage.

(Bloomberg) -- Crude posted a third weekly advance out of four as Iranian sanctions take center stage, with investors eyeing the impact on supply.



Gazprom Neft Joins Forces with CNPC to Develop EOR Tech
Gazprom Neft announces that it has joined forces with China National Petroleum Corporation to develop enhanced oil recovery technologies.

Gazprom Neft has announced that it has joined forces with China National Petroleum Corporation (CNPC) to develop enhanced oil recovery technologies.

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