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HOUSTON — As President Trump moves to recast trade and border relations with Mexico, American oil companies are worried that the prospective winner of Mexico’s presidential election will play his own nationalist card. The leading candidate, Andrés ... ... lees verder

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NEW YORK (Reuters) - Oil prices gained on Thursday as the risk of renewed U.S. sanctions on Iran, plunging Venezuelan output, and robust global demand shook off the effects of a strong dollar. Global benchmark Brent crude futures LCOc1 gained 74 cents to ... ... lees verder

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LONDON—Rising crude prices are supercharging earnings at the world’s major oil firms, but investors may need more convincing that Big Oil is back. Sharply climbing oil prices—and years of cost cutting when they were low—are rewarding some of the ... ... lees verder

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LONDON (Reuters) - Royal Dutch Shell reported on Thursday a 42 percent rise in first-quarter profit to its highest in more than three years on stronger oil prices and production, but its shares fell as the oil major’s cash flow missed forecasts. ... lees verder

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American refiners may be near limits on local oil processing Selling more than two million barrels a day of U.S. crude overseas may soon be the new normal. The U.S. sent out record amounts of crude to foreign destinations last week, with domestic output ... ... lees verder

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HOUSTON (AP) _ Oil States International Inc. (OIS) on Wednesday reported a loss of $3.5 million in its first quarter. On a per-share basis, the Houston-based company said it had a loss of 6 cents. Losses, adjusted for non-recurring costs and severance ... ... lees verder

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Oil prices seesawed on Wednesday as rising U.S. fuel inventories and production weighed on an otherwise bullish market. A rise in U.S. government borrowing costs to their highest since 2013 this week has tempered some investor appetite for risk. Many ... ... lees verder

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LONDON (Reuters) - Oil edged lower on Wednesday, but held in sight of three-year highs reached the previous day, as rising U.S. fuel inventories and production weighed on an otherwise bullish market. Supplier cutbacks, steady demand growth, geopolitical ... ... lees verder