Heating Oil / Gasoil

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…]

Oil dips from highs, but OPEC’s cuts still support market

Oil dips from highs, but OPEC’s cuts still support market

Published 22/12/2017

FILE PHOTO: A pump jack operates at a well site leased by Devon Energy Production Company near Guthrie, Oklahoma, U.S., September 15, 2015. REUTERS/Nick Oxford/File [more…]

Oil prices edge up on North Sea pipeline outage, falling stocks

Oil prices edge up on North Sea pipeline outage, falling stocks

Published 15/12/2017

FILE PHOTO - A pumpjack brings oil to the surface in the Monterey Shale, California, U.S. April 29, 2013. REUTERS/Lucy Nicholson/File PhotoSINGAPORE/LONDON (Reuters) - Oil [more…]

Oil stable as strong Chinese demand counters rising dollar

Oil stable as strong Chinese demand counters rising dollar

Published 08/12/2017

FILE PHOTO - A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy NicholsonSINGAPORE (Reuters) - Oil prices were stable on [more…]

U.S. oil dips on increased drilling, but OPEC cuts support global markets

U.S. oil dips on increased drilling, but OPEC cuts support global markets

Published 27/11/2017

FILE PHOTO: Equipment used to process carbon dioxide, crude oil and water is seen at an Occidental Petroleum Corp enhanced oil recovery project in Hobbs, [more…]

Oil markets tepid ahead of Nov. 30 OPEC meeting

Oil markets tepid ahead of Nov. 30 OPEC meeting

Published 20/11/2017

Men work for Iraqi Drilling Company at Rumaila oilfield in Basra, Iraq, May 11, 2017. REUTERS/Essam Al-SudaniSINGAPORE (Reuters) - Oil markets were tepid on Monday [more…]

Oil markets cautious as rising U.S. output undermines OPEC supply cuts

Oil markets cautious as rising U.S. output undermines OPEC supply cuts

Published 14/11/2017

Oil prices fell on Tuesday as the prospect of further rises in U.S. output undermined ongoing OPEC-led production cuts aimed at tightening the market. [more…]

China`s crude oil processing runs in October rise to second highest on record

China`s crude oil processing runs in October rise to second highest on record

Published 14/11/2017

China's refiners raised crude oil processing runs to near record monthly levels in October as refining margins jumped after the country's state planner hiked prices for gasoline and diesel at the pump. [more…]