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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…]

Toyota, Suzuki to produce cars for each other in India

Toyota, Suzuki to produce cars for each other in India

Published 29/03/2018

TOKYO (Reuters) - Toyota Motor Corp (7203.T) and Suzuki Motor Corp (7269.T) agreed on Thursday to produce cars for each other in India as Toyota [more…]

Trump pushes Big Corn and Oil to break biofuels deadlock

Trump pushes Big Corn and Oil to break biofuels deadlock

Published 02/03/2018

FILE PHOTO: The Philadelphia Energy Solutions oil refinery is seen at sunset in front of the Philadelphia skyline in Pennysylvania, U.S., March 24, 2014. REUTERS/David [more…]

Goldman loses more commodities traders in broader overhaul

Goldman loses more commodities traders in broader overhaul

Published 31/01/2018

NEW YORK (Reuters) - Several key commodities traders are leaving Goldman Sachs Group Inc, sources said on Wednesday, the latest wrinkle as the Wall Street [more…]

Why Canada is the next frontier for shale oil

Why Canada is the next frontier for shale oil

Published 29/01/2018

FILE PHOTO: A construction site at the new Suncor Fort Hills oil sands mining operations near Fort McMurray, Alberta, Canada, September 17, 2014. REUTERS/Todd Korol/File [more…]

Oil rises as Saudi Arabia says producers will cooperate beyond 2018

Oil rises as Saudi Arabia says producers will cooperate beyond 2018

Published 22/01/2018

FILE PHOTO: A gas station attendant pumps fuel into a customer's car at a gas station in Shanghai, China November 17, 2017. REUTERS/Aly Song/File PhotoSINGAPORE [more…]

Oil hovers below $70 highs, clouded by rise in U.S. output

Oil hovers below $70 highs, clouded by rise in U.S. output

Published 15/01/2018

Oil hovered below a three-year high near $70 a barrel on Monday on signs that production cuts by OPEC and Russia are tightening supplies, but analysts warned of "red flags" due to surging U.S. production. [more…]

Oil retreats from $70 highs but set for fourth week of gains

Oil retreats from $70 highs but set for fourth week of gains

Published 12/01/2018

FILE PHOTO: An offshore oil platform is seen in Huntington Beach, California, U.S. September 28, 2014. REUTERS/Lucy Nicholson/File PhotoLONDON (Reuters) - Oil prices fell on [more…]

Oil prices hit highest since 2014, but analysts warn of overheated mar

Oil prices hit highest since 2014, but analysts warn of overheated mar

Published 10/01/2018

A gas station attendant pumps fuel into a customer's car at PetroChina's petrol station in Beijing, China, March 21, 2016. REUTERS/Kim Kyung-HoonSINGAPORE (Reuters) - Oil [more…]