Energy (TRBC)

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…]

Trump to announce pro-ethanol measure on Tuesday ahead of Iowa…

Trump to announce pro-ethanol measure on Tuesday ahead of Iowa…

Published 07/10/2018

NEW YORK (Reuters) - U.S. President Donald Trump is expected to announce the lifting of a federal ban on summer sales of higher-ethanol blends of [more…]

Electric cars cast growing shadow on profits

Electric cars cast growing shadow on profits

Published 01/10/2018

PARIS (Reuters) - Electric cars are poised to arrive en masse in European showrooms after years of hyped concept-car launches and billions in investment by [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…]

China says U.S. trying to force it to submit on trade as new…

China says U.S. trying to force it to submit on trade as new…

Published 24/09/2018

BEIJING (Reuters) - The United States and China imposed fresh tariffs on each other’s goods on Monday as the world’s biggest economies showed no signs [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…]

Hengli’s high-tech petroleum complex breathes down PetroChina’s neck

Hengli’s high-tech petroleum complex breathes down PetroChina’s neck

Published 10/09/2018

DALIAN, China (Reuters) - On reclaimed land on the island of Changxin near the port of Dalian, workers are putting the finishing touches on a [more…]