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November 18, 2017 7:42 am

North Sea hit by fall in oil price | FT Business

Kemp: Distillate Fuel Oil Market Set To Tighten In 2018

US refineries are struggling to meet booming demand for distillate fuel oil at home and in export markets.

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Middle East, US Crude Oil Curbs Indian Appetite For African Supplies

India’s imports of African crude oil in October plunged to their lowest in over 4 years, turning to the United States and Middle East.

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Petrobras Seals $1B Financing From Banks, Repays $500MM Debt

Brazilian state-controlled oil company Petroleo Brasileiro secures $1B in financing from a banking syndicate headed by Standard Chartered PLC.

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Siemens to Cut Almost 7,000 Jobs Worldwide

Siemens AG will cut around 6,900 jobs worldwide in its Power and Gas Division (PG), Power Generation Services Division (PS) and Process Industries and Drives Division (PD).

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South Dakota Pipeline Spill Hits TransCanada Shares, Canada Crude Price

Canadian heavy crude prices and TransCanada shares slid as officials in Nebraska mulled whether to approve another pipeline proposed by the company.

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