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oil

Canada says China has role to play in keeping Red Sea safe

by Ron Morgan
Canada says China has role to play in keeping Red Sea safe

Canada’s Foreign Minister Melanie Joly on Sunday said China should play a role in keeping the Red Sea safe for commerce because Chinese ships are at risk there as well, …

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Texas Oil Tycoon Autry Stephens, 85, Sells Company to Retire

by Anas Siddiqui
Texas Oil Tycoon Autry Stephens, 85, Sells Company to Retire

This article originally appeared on Business Insider. An 85-year-old oil tycoon is cashing out — but he appeared solemn in an interview about selling his business. Autry Stephens sold his …

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Red Sea crisis: Singapore oil sales increase as vessels avoid risky waterway

by Walter Watson
Red Sea crisis: Singapore oil sales increase as vessels avoid risky waterway

The Red Sea shipping crisis is making waves in Singapore as the disruption to global shipping patterns spurs higher fuel sales at one of the world’s busiest ports. Volumes were …

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1000 volunteers scramble in Caribbean to clean up massive oil spill by Trinidad and Tobago, just before Carnival

by Walter Watson
1000 volunteers scramble in Caribbean to clean up massive oil spill by Trinidad and Tobago, just before Carnival

Emergency workers in Trinidad and Tobago are scrambling to clean up a massive oil spill after a mystery vessel ran aground near the Caribbean island, casting a pall over Carnival …

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15 Best Lip Oils 2024 for Shine and Color

by David Johnson
15 Best Lip Oils 2024 for Shine and Color

Not quite a balm and not quite a gloss, the best lip oil can offer unique advantages to your lip-care routine. These innately nourishing lip products have an oil base …

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Red Sea attacks spur global oil buyers to go local amid balance between security and profits

by Ron Morgan
Red Sea attacks spur global oil buyers to go local amid balance between security and profits

The global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make supplies from closer to home more attractive. A slump in …

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Red Sea risks could push oil prices up as Asia feels pinch of cargo delays, rising costs

by Walter Watson
Red Sea risks could push oil prices up as Asia feels pinch of cargo delays, rising costs

The attack followed a warning by the Houthis of a “strong and effective response” after the United States carried out a strike. US-UK attacks on Houthis raise war stakes in …

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China to lead global oil demand growth in 2024 to fuel economic revival, as consumption heads for predicted 2027 peak

by Anas Siddiqui
China to lead global oil demand growth in 2024 to fuel economic revival, as consumption heads for predicted 2027 peak

China is expected to be the top consumer of oil and account for more than a quarter of new oil demand globally in 2024 to feed a growing economy, even …

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2023 was hottest year in decades

by Akin Smith
2023 was hottest year in decades

By Seth Borenstein | Associated Press Earth last year shattered global annual heat records, flirted with the world’s agreed-upon warming threshold and showed more signs of a feverish planet, the …

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War, weather put ocean shippers on notice for rough seas in 2024

by Walter Watson
War, weather put ocean shippers on notice for rough seas in 2024

Recent hostilities in the Red Sea have thrown global shippers of vital goods for a loop – but it is hardly the only issue that big carriers are facing as …

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