Crude oil prices were trending lower today and set to book their first weekly loss this year on expectations that President Donald Trump will boost global supply and depress prices.
Petroliam Nasional Bhd. (Petronas) and Shell PLC have exited the Kebabangan Cluster Production Sharing Contract (KBBC PSC) offshore Malaysia’s Sabah state, leaving the producing asset to co-venturer ConocoPhillips.
Curious Minds Corner
Which country is the largest producer of natural gas in the world?
The United States is the largest producer of natural gas.