OIL

Oil climbs 1 percent on prospect of OPEC, Russia supply cut

Oil climbs 1 percent on prospect of OPEC, Russia supply cut

Published 19/11/2018

SINGAPORE (Reuters) - Oil prices rose by around 1 percent on Monday amid expectations that top exporter Saudi Arabia will push producer club OPEC as [more…]

Oil prices stabilize, but supply glut concerns weigh on sentiment

Oil prices stabilize, but supply glut concerns weigh on sentiment

Published 15/11/2018

SINGAPORE (Reuters) - Oil prices stabilized on Thursday, reversing earlier declines, but market sentiment remained cautious over concerns that a supply glut may emerge amid [more…]

As U.S. oil sanctions against Iran start, Washington grants waivers…

As U.S. oil sanctions against Iran start, Washington grants waivers…

Published 05/11/2018

SEOUL/TOKYO (Reuters) - The United States re-introduced sanctions against Iranian oil exports on Monday, although it also gave some of its closest allies exemptions that [more…]

Oil slips as U.S. sanctions on Iran begin, Tehran defiant

Oil slips as U.S. sanctions on Iran begin, Tehran defiant

Published 05/11/2018

LONDON (Reuters) - Oil prices fell on Monday as U.S. sanctions against Iran’s fuel exports were softened by waivers allowing major buyers to import Iranian [more…]

Brent crude prices dip on rising supply, global market woes

Brent crude prices dip on rising supply, global market woes

Published 30/10/2018

SINGAPORE (Reuters) - Brent oil prices dipped on Tuesday, weighed down by ongoing weakness in global stock markets and by signs of rising global supply [more…]

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…]

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…]