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Crude oil
Oil & Gas Trade
Oil Poised Near Three-Month Highs on U.S.-China Trade Hopes
Oil prices trickled a fraction lower on Tuesday but remained near a three-month high as investors kept the faith with hopes that a fully fledged U.S.-China trad…
Oil Price
Oil Prices Fall But Hold Near 3-month High on Trade Deal Agreement
Brent crude oil futures fell 23 cents, or 0.4 per cent to $64.99 a barrel by 0101 GMT, after closing at a near three-month high on Friday.
Crude
Saudi Aramco Replaces Apple as World’s Largest Listed Company
Saudi Arabia’s oil company Aramco gained 10 per cent in its first moments on the stock market on Wednesday in a dramatic debut that held until closing and push…
Oil Price
Oil Prices Up with Positive US, China Trade Talks
Crude oil prices were up early Tuesday supported by a top U.S. official's comments on positive trade talks between the U.S. and China on Monday.The trade talks …
Crude
Asia Seen Adequately Prepared for Deeper OPEC Crude Output Cuts
Asia appears well prepared for OPEC's new crude production cut era as Chinese, South Korean and Japanese refiners' flexible feedstock procurement strategies wou…
Crude
OPEC Fails to Pin Down New Output Target after Marathon Talks
OPEC failed nail down the details of an agreement to adjust its official production target, as six hours of talks in Vienna found no resolution amid objections …
Crude
Crude Oil Futures in Consolidation Mode as Markets Await OPEC Meet
Crude oil futures were marginally lower during morning trade in Asia on Thursday amid some profit-taking after gaining more than $2/b during Wednesday's trading…
Crude
Nigeria Commits to OPEC Agreements Before Vienna Meeting
Nigeria is committed to full implementation of agreements among OPEC and non-OPEC members, its minister of state for petroleum said on Sunday, ahead of an OPEC …
Crude
Why Are Oil Markets Suddenly So Volatile?
The newsfeed this week has been inundated with updates on Aramco’s IPO developments. On the retail side, the Aramco IPO has reached $7.21 billion in subscripti…
Crude
Iran Launches Operation to Seal an Expanding Oil Leak Off Persian Gulf Rig
Iranian authorities say a major leak that has taken place off an oil rig in the Persian Gulf waters is being contained as they insist more work would be needed …
Crude
Russia Set to Overshoot Oil Quota Yet Again Ahead of OPEC+ Talks
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. Russia, OPEC’s largest ally in a deal to cut oil production, is o…
Oil Price
OPEC Countries Unanimously Support Extension of Oil Output Cuts
The Petroleum Exporting Countries (OPEC) unanimously support an extension to the agreement on the reduction of oil output after March 2020 and continue to discu…
Crude
Small Amount of Oil Spilt Off Taranaki Coast
Floating production, storage and offloading ship The Umuroa has spilt a "small amount" of oil into the Tasman Sea off the coast of Taranaki. s
Crude
Russia Wants Condensate Removed from OPEC Deal
Russian energy minister Alexander Novak said Wednesday he wants new volumes of gas condensate to be excluded from Russia’s quota as part of its oil output pact…
Crude
Who benefits from Syria's oil?
President Donald Trump says he expects the United States to benefit by millions of dollars per month from Syria's oil revenues while US troops remain in the cou…
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