Canada’s inflation rate rebounded in March as rising energy prices triggered the biggest gain in shelter costs in more than three years.
Chinese data showing the country became a net fuel exporter for the first time in four years may be due to the exclusion of one type of oil product, according to a Shanghai-based commodities researcher.
South Sudan plans to resume crude output in Unity state by July after conflict in the world’s newest nation caused the northern region to freeze production.
The following is a selection of the most important news affecting the oil market.
Fewer than three weeks into spring, oil speculators are already thinking about the summer.
By the time the ships’ pilots realized they were on a crash course, it was too late.
Boeing Co. is building Guam’s first solar plant, which will help the Pacific island generate electricity more cheaply than from the imported fuel oil and diesel it currently burns.
U.S. authorities are planning inspection flights over the Houston Ship Channel, home to 11 percent of the nation’s refining capacity, as the waterway remains closed for a fourth day.
Rochelle on Southern Air, Metro Fuel, Carey Limousi