Energy Markets

Oil steady as virus fears counter positive factory data

Oil steady as virus fears counter positive factory data

Published 03/08/2020

LONDON (Reuters) - Oil prices steadied on Monday, pressured by rising COVID-19 cases around the globe and by oversupply worries as OPEC and its allies [more…]

Russia is raising oil output as OPEC+ cuts ease: source

Russia is raising oil output as OPEC+ cuts ease: source

Published 03/08/2020

MOSCOW (Reuters) - Russian oil and gas condensate output increased to 9.8 million barrels per day (bpd) on Aug. 1-2 from 9.37 million bpd in [more…]

Oil up on weak dollar though U.S.-China tensions, virus weigh

Oil up on weak dollar though U.S.-China tensions, virus weigh

Published 27/07/2020

SINGAPORE/LONDON (Reuters) - Oil prices edged higher on Monday helped by a weak dollar and expected U.S. stimulus measures but gains were capped by rising [more…]

Oil falls as virus infections rise, eyes on EU recovery plan

Oil falls as virus infections rise, eyes on EU recovery plan

Published 20/07/2020

LONDON (Reuters) - Oil prices fell on Monday as coronavirus cases increased in many countries across the globe, but investors remained cautiously optimistic about ongoing [more…]

Japan ministry warns electricity industry it will miss CO2 cut target

Japan ministry warns electricity industry it will miss CO2 cut target

Published 14/07/2020

TOKYO (Reuters) - Japan’s environment ministry warned on Tuesday that the electricity industry, which accounts for 40% of its carbon emissions, will miss its target [more…]

Oil dips on surge in COVID-19 infections

Oil dips on surge in COVID-19 infections

Published 13/07/2020

LONDON (Reuters) - Oil prices fell on Monday on a record daily rise in global coronavirus cases, with big spikes in infections over the weekend [more…]

UK government to make Huawei statement on Tuesday

UK government to make Huawei statement on Tuesday

Published 13/07/2020

LONDON (Reuters) - British minister Oliver Dowden will make a statement to parliament on Huawei some time after 1130 GMT on Tuesday, the opposition Labour [more…]

UAE wants to see a return of Libya’s oil production with safeguards: minister

UAE wants to see a return of Libya’s oil production with safeguards: minister

Published 13/07/2020

DUBAI (Reuters) - The United Arab Emirates wants to see a return of Libya’s oil production as soon as possible but with safeguards in place [more…]

Canada June industrial prices rise on higher energy prices: Statscan flash estimate

Canada June industrial prices rise on higher energy prices: Statscan flash estimate

Published 13/07/2020

OTTAWA (Reuters) - Producer prices in Canada gained 0.4% in June from May, primarily on higher prices for energy and petroleum products, Statistics Canada said [more…]

UK will place priority on national security in Huawei decision, minister says

UK will place priority on national security in Huawei decision, minister says

Published 13/07/2020

LONDON (Reuters) - Britain will place a “huge priority” on national security when considering Chinese telecoms firm Huawei’s role in the country’s 5G network, justice [more…]