Oil prices jump over $2/bbl after drawdown in US stocks NEW YORK: Oil prices rose over $2 a barrel on Wednesday after government data showed a larger-than-expected drawdown... Published 16 Sep, 2021 04:02am
Markets Oil prices jump over $2/bbl after drawdown in US stocks US crude, fuel stockpiles fall in wake of Hurricane Ida -EIA Vaccines set to unleash pent-up oil demand, IEA says China's daily oil refinery output hits 15-month low in August Updated 15 Sep, 2021 08:40pm
Markets Russian rouble firms, MOEX hits record high on rising oil prices Rouble was 0.3% stronger against the dollar at 72.72 and had gained 0.2% to trade at 85.96 versus the euro Published 15 Sep, 2021 05:54pm
Markets Oil prices climb $1 after drawdown in US stocks API shows crude, fuel stocks fell after Ida, sources say Vaccines set to unleash pent-up oil demand, IEA says Coming up: EIA inventory data at 1430 GMT on Wednesday Published 15 Sep, 2021 05:38pm
Markets Oil prices climb after drawdown in stocks, positive demand outlook API shows crude, fuel stocks fell in wake of Ida Vaccines set to unleash pent-up oil demand Published 15 Sep, 2021 09:44am
Markets Oil turns negative on weak inflation data, improving storm outlook NEW YORK: Oil prices turned negative on Tuesday after new data from the US Labor Department showed inflation cooling... Published 15 Sep, 2021 04:19am
Markets Oil turns negative on weak inflation data, improving storm outlook Oil prices turned negative on Tuesday after new data from the U.S. Labor Department showed inflation cooling and the... Published 15 Sep, 2021 12:08am
Markets Oil hits 6-week high as Storm Nicholas hits US Gulf US energy firms brace for another storm amid slow recovery from Ida Over 40% of US Gulf's oil, gas output still shut following Ida IEA sees oil demand rebounding by 1.6 million bpd in October China to auction 7.38 mln bbl of crude from strategic reserves Published 14 Sep, 2021 05:56pm
Markets Global oil demand to rebound next month: IEA Demand fell by 310,000 barrels per day on average over the three months to September Updated 14 Sep, 2021 01:39pm
Markets Oil hits 6-week high on fears of US supply disruptions from storm Nicholas Over 40% of US Gulf's oil, gas output still shut following Ida US shale oil output to rise to highest since April 2020 in Oct Updated 14 Sep, 2021 11:15am
Markets Oil rises to six-week high as US supply concerns NEW YORK: Oil prices rose to six-week highs on Monday as US output remains slow to return two weeks after Hurricane... Published 14 Sep, 2021 03:55am
Markets Canadian dollar firms as investors brace for U.S. inflation data TORONTO: The Canadian dollar edged higher against its U.S. counterpart on Monday as oil prices rose and investors... Published 14 Sep, 2021 12:59am
Markets Oil at one-week high as US supply concerns dominate Impact of Hurricane Ida crimps US supply Brent rangebound between $70 and $74 for three weeks OPEC sees Delta coronavirus variant weighing on oil demand Published 13 Sep, 2021 08:23pm
Business & Finance Oil rises for a second day as US supply concerns dominate Impact of Hurricane Ida crimps US supply OPEC, IEA demand outlook in focus Updated 13 Sep, 2021 10:42am
Markets Oil rallies to $73 on tight U.S. supplies, Biden-Xi call NEW YORK: Oil rose to briefly top $73 a barrel on Friday, supported by growing signs of supply tightness in the... Published 10 Sep, 2021 10:50pm
Markets Oil dips on China plan to tap reserves, small U.S. crude draw NEW YORK: Oil prices eased on Thursday on China's plan to release state oil reserves to reduce pressure on domestic... Updated 09 Sep, 2021 10:45pm
Markets Oil steady as China moves to tap oil stocks China set to tap state oil reserves for the first time Prices supported by lower US output after Hurricane Ida API data shows crude drawdown less than poll expectations EIA cuts 2021 demand outlook, keeps 2022 forecast steady Published 09 Sep, 2021 08:43pm
Markets India’s edible oil imports seen at lowest in six years MUMBAI: India’s imports of edible oil could fall to their lowest in six years, contracting for a second straight... Published 09 Sep, 2021 03:56am
Markets Oil climbs on low US output, disruptions in Libyan ports About 80% of US Gulf production remained offline on Tuesday Refineries resuming operations quicker Libya's Es Sider and Harouge ports blocked by protests: engineer Iran's resumption of oil exports not expected in 2021: analyst Published 08 Sep, 2021 07:40pm
Markets Oil climbs on slow return of US supply after Hurricane Ida Brent crude futures gained 34 cents, or 0.5%, at $72.03 a barrel after falling 0.7% on Tuesday Published 08 Sep, 2021 12:22pm
BR Research Saudi Arabia’s strategic move? For a long time, OPEC+ has been managing supply to keep crude price stable amid demand destruction due to Covid-19... Published 08 Sep, 2021 07:35am
Markets Asia Fuel Oil: 180-cst HSFO cash premium jumps SINGAPORE: Tight supply and strong demand pushed Asian cash premiums for cargoes of 180-cst high-sulphur fuel oil... Published 08 Sep, 2021 04:06am
Markets Oil slides 2% on worries about weak demand US West Texas Intermediate crude was down $1.45 or 2.1% from Friday's close at $67.84 a barrel at 1648 GMT Updated 07 Sep, 2021 10:23pm
Markets Oil slips as slower demand expectations weigh Saudi Arabia cuts prices to Asia; US, Europe prices steady China Aug crude oil imports rise as refiners resume buying Over 80% of oil output in Gulf of Mexico still offline Updated 07 Sep, 2021 08:35pm
Markets Oil wobbles as demand woes stalk market after Saudi price cuts Brent crude futures for November rose 4 cents, or 0.1%, to $72.26 a barrel by 0056 GMT, after falling 39 cents on Monday Published 07 Sep, 2021 10:23am
Markets Oil down after deep Saudi price cuts spur demand concerns Saudi cuts Oct prices for Asia by at least $1/bbl US Gulf Coast oil industry struggles with Ida recovery US oil rig count falls most since June 2020 -Baker Hughes Published 06 Sep, 2021 05:09pm
Markets Oil steady as US jobs report disappoints LONDON: Oil prices were steady on Friday after a US jobs report indicated a patchy recovery amid the pandemic but ... Published 04 Sep, 2021 06:04am
Markets Oil steady as US jobs report disappoints New Covid variant appears to restrain US job growth US Gulf Coast struggles to recover after storm OPEC+ agrees to boost production Global demand outlook bright on recovery hopes Updated 03 Sep, 2021 07:50pm
Markets Oil prices mixed ahead of US jobs report, more gains eyed Brent crude futures were up 13 cents, or 0.2%, to $73.16 a barrel at 0619 GMT, while US West Texas Intermediate (WTI) crude futures were down 4 cents Published 03 Sep, 2021 11:46am
Markets Oil rises on economic recovery hopes, weaker dollar NEW YORK: Oil prices rose more than $1 a barrel on Thursday, rebounding on optimism about global economic growth... Published 03 Sep, 2021 04:58am