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Crude Oil - Jokowi tells oil palm tree growers to turn to durian

Amid low demand and the price decrease of crude palm oil (CPO) in the global market, President Joko “Jokowi” Widodo has advised oil palm tree growers to grow durian trees, as he believes the commodity ...

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AP PHOTOS: Remembering the Exxon Valdez oil spill

March 21, 2019 at 5:00 am | By RACHEL D'ORO ANCHORAGE, Alaska (AP) — It was just after midnight on March 24, 1989, when an Exxon Shipping Co. tanker ran aground outside the town of Valdez, Alaska, ...

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US crude settles at 4-month high after topping $60 for first time since November

Crude futures draw support from OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela. Analysts say concerns over economic growth are weighing on the market and capping gains. Oil prices ...

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Crude prices boosted by oil inventories' plunge

Oil storage tanks line the Port of Corpus Christi, which is a key export hub for crude oil. Caption Close Oil storage tanks line the Port of Corpus Christi, which is a key export hub for crude oil. ...

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Libyan oil output could reach 1.4 million b/d if security holds: Sanalla

Libya’s crude oil production has recovered to 1.2 million b/d but the OPEC producer has the ability to increase output to 1.4 million b/d this year “if the security situation remains stable” the ...

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