Europe / Middle East / Africa Crudes

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…]

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 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…]

Oil prices fall as U.S. storm threat eases, but Iran sanctions loom

Oil prices fall as U.S. storm threat eases, but Iran sanctions loom

Published 05/09/2018

SINGAPORE (Reuters) - Oil prices fell on Wednesday as a tropical storm hitting the U.S. Gulf coast weakened and had a lower impact on production [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…]

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…]