Energy Markets

Oil falls below $80 on rising U.S. stockpiles

Oil falls below $80 on rising U.S. stockpiles

Published 18/10/2018

LONDON (Reuters) - Oil fell $1 a barrel to below $80 on Thursday as the fourth weekly increase in U.S. crude inventories suggested ample supply, [more…]

Oil drops to around $83 on expectations Iran will maintain some…

Oil drops to around $83 on expectations Iran will maintain some…

Published 08/10/2018

LONDON (Reuters) - Oil dropped to around $83 a barrel on Monday, pressured by expectations that some Iranian oil exports will keep flowing after the [more…]

Graphic: Boom, bust or both? The challenge of predicting 2019’s oil…

Graphic: Boom, bust or both? The challenge of predicting 2019’s oil…

Published 01/10/2018

LONDON (Reuters) - In the oil market, balance is a difficult game. Calculating whether the 100 million barrel per day world market is likely in [more…]

Hedge funds doubt Saudi Arabia will replace Iranian oil : Kemp

Hedge funds doubt Saudi Arabia will replace Iranian oil : Kemp

Published 01/10/2018

LONDON (Reuters) - Hedge fund managers are increasingly betting Saudi Arabia and its allies cannot or will not replace all the crude lost from the [more…]

Oil prices at four-year high after OPEC rebuffs Trump

Oil prices at four-year high after OPEC rebuffs Trump

Published 24/09/2018

LONDON (Reuters) - Oil prices jumped more than 2 percent to a four-year high on Monday after Saudi Arabia and Russia ruled out any immediate [more…]

Oil could rise to $100 by 2019 as global markets tighten, merchants…

Oil could rise to $100 by 2019 as global markets tighten, merchants…

Published 24/09/2018

SINGAPORE (Reuters) - Oil prices could rise towards $100 per barrel towards the end of the year or by early 2019 as sanctions against Iran [more…]

Oil higher as U.S. Iran sanctions raise supply concerns

Oil higher as U.S. Iran sanctions raise supply concerns

Published 17/09/2018

LONDON (Reuters) - Oil prices rose on Monday as investors focused on the impact of U.S. sanctions on Iran despite assurances by Washington that Saudi [more…]

Exclusive: First Reserve plans $3 billion buyout fund as energy…

Exclusive: First Reserve plans $3 billion buyout fund as energy…

Published 13/09/2018

NEW YORK (Reuters) - First Reserve Management LP is seeking to raise $3 billion for a new buyout fund, making it the latest energy-focused private [more…]

Oil up as U.S. drilling stalls, Iranian sanctions bite

Oil up as U.S. drilling stalls, Iranian sanctions bite

Published 10/09/2018

LONDON (Reuters) - Oil prices rose on Monday as U.S. drilling stalled and as investors anticipated lower supply once new U.S. sanctions against Iran’s crude [more…]

Hedge fund Citadel replaces head of crude trading: sources

Hedge fund Citadel replaces head of crude trading: sources

Published 10/09/2018

NEW YORK/LONDON (Reuters) - Citadel, one of the world’s largest hedge fund managers, is replacing its head of crude oil trading, according to two sources [more…]