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Kuwait Cabinet Resigns Over Oil Wealth Spending

Kuwait’s new Cabinet has resigned amid protests over a planned spending spree of the country’s oil wealth by the Assembly ....

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UK's Top Oil Producer To Cut Jobs Over Windfall Tax

The largest oil and gas producer in Britain’s North Sea, Harbour Energy, will reportedly move to cut jobs as a result of the UK’s windfall tax ....

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Crude Oil, Product Inventory Builds Pressure Prices

Crude prices slipped this afternoon, with WTI falling to $79 per barrel as the API reported a build in both crude inventories and oil product stocks ....

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