On August 7, Angola Oil and Gas Summit Forum and block bidding roadshow was held in Beijing. Twelve potential oil and gas blocks in Angola are set to sell their concession rights and will be put to tender in September. Angolan Ambassador to China Joao Neto said that Angola's energy market, represent

The U.S. Energy Information Administration (EIA) on Wednesday released an inventory report showing that U.S. crude oil and distillate inventories increased last week, while gasoline inventories fell. The EIA report showed U.S. crude inventories rose 2.6 million barrels to 439.95 million barrels in t