Oil and Gas (TRBC)

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…]

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…]

Nigeria’s Buhari promises 2019 elections will be fair after…

Nigeria’s Buhari promises 2019 elections will be fair after…

Published 01/10/2018

ABUJA (Reuters) - Nigeria’s President Muhammadu Buhari sought to reassure voters that next year’s elections would be free and fair on Monday after the opposition [more…]

Graphic: Boom, bust or both? The challenge of predicting 2019’s oil…

Graphic: Boom, bust or both? The challenge of predicting 2019’s oil…

Published 01/10/2018

LONDON (Reuters) - In the oil market, balance is a difficult game. Calculating whether the 100 million barrel per day world market is likely in [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…]

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…]

Senior security official says Iran will respond to any hostile…

Senior security official says Iran will respond to any hostile…

Published 10/09/2018

ANKARA (Reuters) - A senior Iranian security official said Tehran will respond to any hostile action against the country and that the era of “hit [more…]