Crude Oil

Oil rises as U.S.-Iran conflict eases, focus turns to trade deal

Oil rises as U.S.-Iran conflict eases, focus turns to trade deal

Published 13/01/2020

LONDON (Reuters) - Oil prices rose slightly on Monday as investors shift their focus away from easing Mideast tensions to this week’s scheduled signing of [more…]

Global stocks perch near record highs ahead of U.S.-China trade deal

Global stocks perch near record highs ahead of U.S.-China trade deal

Published 13/01/2020

LONDON (Reuters) - World stock markets ticked higher on Monday, hovering just below record levels ahead of the expected signing of a Phase 1 China-U.S. [more…]

Rival Libyan leaders to hold Moscow peace talks on Monday: news agencies

Rival Libyan leaders to hold Moscow peace talks on Monday: news agencies

Published 13/01/2020

MOSCOW (Reuters) - Libya’s warring rival leaders will hold peace talks in Moscow on Monday alongside representatives from Russia and Turkey, Russian news agencies cited [more…]

Saudi Aramco raises IPO to record $29.4 billion by over-allotment of shares

Saudi Aramco raises IPO to record $29.4 billion by over-allotment of shares

Published 12/01/2020

DUBAI (Reuters) - State-owned oil company Saudi Aramco said on Sunday it had exercised its “greenshoe option” to sell an additional 450 million shares, raising [more…]

Oil steadies a day after Iranian missile strike knocks prices

Oil steadies a day after Iranian missile strike knocks prices

Published 09/01/2020

TOKYO (Reuters) - Oil prices steadied on Thursday a day after tumbling on concerns raised by an Iranian missile strike on Iraqi bases hosting U.S. [more…]

Asian shares rebound as U.S. and Iran stand down, yen retreats

Asian shares rebound as U.S. and Iran stand down, yen retreats

Published 09/01/2020

SINGAPORE (Reuters) - Asian stocks had their best session in weeks on Thursday, as the United States and Iran backed away from the brink of [more…]

Divergent paths: Oil, natural gas going different directions

Divergent paths: Oil, natural gas going different directions

Published 09/01/2020

(Reuters) - The diverging fundamentals of U.S. oil and natural gas can be seen dramatically in the markets, where the oil-to-gas price ratio has surged [more…]

Oil falls 1% as investors reassess Middle East risks

Oil falls 1% as investors reassess Middle East risks

Published 07/01/2020

NEW YORK (Reuters) - Oil prices fell almost 1% on Tuesday, surrendering some recent gains as investors reconsidered the likelihood of immediate supply disruptions in [more…]

China’s Hengyi runs new Brunei refinery near full rates: officials

China’s Hengyi runs new Brunei refinery near full rates: officials

Published 02/01/2020

SINGAPORE (Reuters) - China’s Hengyi Petrochemical Co Ltd is operating its new 160,000 barrels per day refinery in Brunei at near full capacity after trial [more…]

Oil eases but supported by trade deal hopes

Oil eases but supported by trade deal hopes

Published 23/12/2019

TOKYO (Reuters) - Oil prices fell on Monday, but were holding near recent three-month highs amid expectations that the United States and China will soon [more…]