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From OPEC to the future of energy: Leaders speak up at the world energy congress

Written by Alexandra Gibbs at CNBC Click HERE to Read the Article by the Publisher. Over the past few days, more than 10,000 delegates from the energy industries have gathered at the 23rd World Energy Congress in Istanbul to discuss the present state of the market and what obstacles it faces. With a recent World Energy Council report stating that…

Oil Falls Second Day Amid Doubts OPEC Members Will Reduce Output

Written by: Mark Shenk at Bloomberg Click HERE to Read Article From Publisher Oil dropped a second day on speculation the OPEC agreement to trim crude output won’t succeed in reducing supply. Futures declined 1.2 percent in New York. Crude has climbed since the Organization of Petroleum Exporting Countries agreed on Sept. 28 to have a new output range of 32.5…

China overtakes US again as world’s top crude importer

Written by: CNBC Click HERE to Read Article From Publisher China imported record volumes of crude oil last month, eclipsing the United States as the world's top buyer of foreign oil as Beijing's state reserves shipped in cheap crude to fill new storage tanks. September's crude imports rose 18 percent from a year earlier to 33.06 million tonnes or 8.04…