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Oil Prices, Industry News and Analysis

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Jet fuel accounts for as much as a third of an airlines' expenses, and the rise and fall of fuel prices can have a great impact on profitability.

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LATEST OIL NEWS & ANALYSIS


Trump pushes to expand US offshore oil, gas drilling
April 28, 2017
The Trump administration has launched a review of the current five-year US federal offshore lease sale plan in an effort aimed at opening federal waters currently off limits to oil and natural gas drilling.
OPEC compliance with cuts 115% over January-March: Platts survey
April 28, 2017
April 05, 2017 -OPEC crude oil output fell for the fourth straight month in March, dropping to 31.85 million b/d as the group continues to show relatively strong adherence to its production cut deal agreed late last year, according to an S&P Global Platts survey released Wednesday.
Upcoming West Africa sulfur reductions on oil product imports gather apace
April 27, 2017
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