Energy Markets

Oil rises to $79 a barrel on Norway strike, Libyan disruption

Oil rises to $79 a barrel on Norway strike, Libyan disruption

Published 10/07/2018

TOKYO/LONDON (Reuters) - Oil prices rose by over 1 percent toward $79 per barrel on Tuesday due to growing supply outages, with Norway shutting one [more…]

Do not blame OPEC, oil producer group says of Trump criticism

Do not blame OPEC, oil producer group says of Trump criticism

Published 10/07/2018

CALGARY, Alberta (Reuters) - The president of OPEC defended the oil producer group on Monday against U.S. President Donald Trump’s recent demands for higher oil [more…]

Oil slips below $77, weighed down by Saudi output boost, trade…

Oil slips below $77, weighed down by Saudi output boost, trade…

Published 06/07/2018

LONDON (Reuters) - Oil slipped below $77 a barrel on Friday, under pressure from higher Saudi production and trade tensions between the United States and [more…]

Under fire for ethics scandals, EPA chief Pruitt resigns

Under fire for ethics scandals, EPA chief Pruitt resigns

Published 06/07/2018

WASHINGTON (Reuters) - Environmental Protection Agency chief Scott Pruitt, who had been lauded by President Donald Trump for his aggressive efforts to roll back environmental [more…]

Oil falls as Saudi, Russian output rises

Oil falls as Saudi, Russian output rises

Published 02/07/2018

LONDON (Reuters) - Oil prices fell on Monday as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid an escalating [more…]

BMW not considering moving production out of Britain over Brexit:…

BMW not considering moving production out of Britain over Brexit:…

Published 26/06/2018

LONDON (Reuters) - BMW (BMWG.DE) is not considering moving production out of Britain because of uncertainty connected to Brexit, the company’s special representative in Britain [more…]

As investment stalls, auto industry warns PM May: Avert a Brexit…

As investment stalls, auto industry warns PM May: Avert a Brexit…

Published 26/06/2018

LONDON (Reuters) - Uncertainty over Brexit has halved new investment in the British car industry and Prime Minister Theresa May should urgently change tack and [more…]

Oil down as U.S. supply grows, OPEC considers higher output

Oil down as U.S. supply grows, OPEC considers higher output

Published 04/06/2018

LONDON (Reuters) - Oil prices fell on Monday as U.S. production hit a record high and OPEC members considered boosting supply. Benchmark Brent crude oil [more…]

Oil rises as U.S. says trade war with China is ‘on hold’

Oil rises as U.S. says trade war with China is ‘on hold’

Published 21/05/2018

LONDON (Reuters) - Oil rose on Monday, lifted by a rally across stocks and other commodities, after the United States said it had put a [more…]