Refined Products

Oil prices rise after Saudi output dips, U.S. drilling stalls

Oil prices rise after Saudi output dips, U.S. drilling stalls

Published 06/08/2018

SINGAPORE (Reuters) - Oil prices rose on Monday after Saudi crude production registered a surprising dip in July and as American shale drilling appeared to [more…]

Oil higher on Middle East, North Sea supply worries

Oil higher on Middle East, North Sea supply worries

Published 23/07/2018

LONDON (Reuters) - Oil prices rose on Monday on worries over supply after tensions worsened between Iran and the United States, while some offshore workers [more…]

Oil rises to $79 a barrel on Norway strike, Libyan disruption

Oil rises to $79 a barrel on Norway strike, Libyan disruption

Published 10/07/2018

TOKYO/LONDON (Reuters) - Oil prices rose by over 1 percent toward $79 per barrel on Tuesday due to growing supply outages, with Norway shutting one [more…]

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…]

Oil falls as Saudi, Russian output rises

Oil falls as Saudi, Russian output rises

Published 02/07/2018

LONDON (Reuters) - Oil prices fell on Monday as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid an escalating [more…]

Oil down as U.S. supply grows, OPEC considers higher output

Oil down as U.S. supply grows, OPEC considers higher output

Published 04/06/2018

LONDON (Reuters) - Oil prices fell on Monday as U.S. production hit a record high and OPEC members considered boosting supply. Benchmark Brent crude oil [more…]

Airlines adjusting hedges, fares, capacity and fleet as oil price…

Airlines adjusting hedges, fares, capacity and fleet as oil price…

Published 04/06/2018

SYDNEY (Reuters) - Airlines are locking in fuel hedges, lowering capacity, raising fares and retiring older jets to cope with rising costs alongside the highest [more…]

White House expected to announce compromise on biofuels: sources

White House expected to announce compromise on biofuels: sources

Published 04/06/2018

WASHINGTON (Reuters) - The Trump administration is expected on Monday to announce changes in biofuels policies, including a plan to count ethanol exports toward federal [more…]