North Sea Crudes

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 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…]

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…]