Tag Archives: oil

Asia stocks slip as US-China trade row revives growth fears; oil elevated

09 September, 2018 9:10 am 9:10 am

TOKYO (Reuters) – Asia stocks struggled on Tuesday as a fresh round of US-China tariffs and a surge in oil prices to near four-year highs added to worries about risks to global growth. MSCI’s broadest index of Asia-Pacific shares outside Read More




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US-China trade war poses oil demand shock in 2019

09 September, 2018 9:02 am 9:02 am

SINGAPORE (Reuters) – US sanctions on Iran will tighten global oil supplies sharply until the end of the year, but a threat to world demand looms in 2019 from the US-China trade war, the head of BP’s oil trading in Read More




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Oil prices rise as markets tighten ahead of Iran sanctions

09 September, 2018 8:37 am 8:37 am

SINGAPORE (Reuters) – Oil prices rose on Monday as US markets tightened just weeks ahead of Washington’s plan to impose new sanctions against Iran, with US bank J.P. Morgan warning of price spikes above $90 per barrel in coming months. Read More




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OPEC and allies consider oil output boost as Iranian supply falls

09 September, 2018 8:59 am 8:59 am

ALGIERS (Reuters) – OPEC and other oil producers are discussing the possibility of raising output by 500,000 barrels per day (bpd) to counter falling supply from Iran because of US sanctions, a source familiar with the discussions told Reuters. The Read More




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Oil prices ease as trade row clouds demand outlook

09 September, 2018 9:23 am 9:23 am

BEIJING (Reuters) – Global oil prices eased in early Asian trading on Monday on concerns that the United States is poised to impose additional tariffs on China, outweighing supply fears from upcoming sanctions on Iran. Brent crude oil futures LCOc1 Read More




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Asian shares tripped up by new US tariff threat

09 September, 2018 8:44 am 8:44 am

SYDNEY (Reuters) – Most Asian share markets slipped on Monday amid reports Washington was about to announce a new round of tariffs on Chinese imports, setting the stage for possible reprisals by Beijing. Liquidity was thin with Japan on holiday Read More




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Oil prices claw back some ground, but demand worries drag

09 September, 2018 9:15 am 9:15 am

TOKYO (Reuters) – Oil on Friday clawed back some of its losses from the previous session when prices fell the most in a month, although worries that emerging market crises and trade disputes could dent demand continued to drag. Brent Read More




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Oil firm as Iran sanctions loom, but US seeks to prevent supply shortfall

09 September, 2018 9:03 am 9:03 am

SINGAPORE (Reuters) – Oil was steady on Tuesday, supported by looming US sanctions against Iran’s petroleum industry. But prices were capped by signs that increased supplies by other major producers, including the United States and Saudi Arabia, could make up Read More




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Oil prices climb as US drilling stalls, Iran sanctions loom

09 September, 2018 8:40 am 8:40 am

SINGAPORE (Reuters) – Oil prices rose on Monday as US drilling for new production stalled and as the market eyed tighter conditions once Washington’s sanctions against Iran’s crude exports kick in from November. US West Texas Intermediate (WTI) crude futures Read More




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Oil prices fall on emerging market woes, looming tariff deadline

09 September, 2018 8:31 am 8:31 am

SINGAPORE (Reuters) – Oil prices fell on Thursday as emerging market woes weighed on sentiment, while a deadline neared for a potential new round of US tariffs on another $200 billion of Chinese goods. US West Texas Intermediate (WTI) crude Read More




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US oil prices rise as Gulf platforms shut ahead of hurricane

09 September, 2018 8:34 am 8:34 am

SINGAPORE (Reuters) – US oil prices edged up on Tuesday, rising back past $70 per barrel, after two Gulf of Mexico oil platforms were evacuated in preparation for a hurricane. US West Texas Intermediate (WTI) crude futures were at $70.04 Read More




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Oil falls on rising output from OPEC and United States

09 September, 2018 8:35 am 8:35 am

SINGAPORE (Reuters) – Oil prices fell on Monday amid rising supply from OPEC and the United States, outweighing concerns that falling Iranian output will tighten markets once US sanctions bite from November. International Brent crude oil futures LCOc1 were at Read More




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Oil edges up on looming Iran sanctions, but rising global supply caps marke...

08 August, 2018 10:16 am 10:16 am

SINGAPORE (Reuters) – Oil markets were stable on Wednesday, buoyed by falling supplies from Iran ahead of US sanctions but held in check by rising production outside the Organization of the Petroleum Exporting Countries. International Brent crude oil futures LCOc1 Read More




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Oil prices edge up on supply disruption worries

08 August, 2018 8:36 am 8:36 am

SINGAPORE (Reuters) – Oil prices rose on Tuesday as risks of supply disruptions from places such as Venezuela, Africa and Iran triggered expectations of a tightening market. International Brent crude oil futures LCOc1 were at $76.37 per barrel at 0215 Read More




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Oil stable as US/Sino trade row weighs, Iran sanctions cut supply outlook

08 August, 2018 8:54 am 8:54 am

SINGAPORE (Reuters) – Oil prices dipped slightly on Monday on concerns that a US-China trade dispute will erode global economic growth, although looming US sanctions against Iran’s oil sector kept crude from falling further, traders said. International Brent crude oil Read More




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