Tag Archives: oil


Oil prices rise as new virus cases slow, easing Chinese demand concerns

02 February, 2020 9:25 am 9:25 am

SEOUL (Reuters) – Oil prices rose for a second day on Wednesday amid preliminary signs that new coronavirus cases are slowing in China, easing concerns over the demand impact from the disease in the world’s second-largest oil consumer. Brent crude LCOc1 was up 73 cents, or 1.3%, at $54.75 per barrel at 0137 GMT. U.S. … Read More


Oil, falls, 2%, China, virus, SARS

Oil falls 2% as China virus cases surpass SARS total

01 January, 2020 9:33 pm 9:33 pm

NEW YORK (Reuters) – Oil prices fell 2% on Thursday to the lowest in three months on concerns over the potential economic impact of the coronavirus that continues to spread worldwide, while the market also considered the possibility of an early OPEC meeting. Brent crude LCOc1 was down $1.20, or 2%, to $58.61 a barrel … Read More


Oil, edges, plunge, market, recovers, poise

Oil edges up after plunge, as market recovers poise

01 January, 2020 12:32 pm 12:32 pm

TOKYO (Reuters) – Oil prices rose on Thursday, recouping some of the heavy losses from the previous session as the market rebalanced after Washington and Tehran looked to defuse a potential Middle East crisis. Prices had soared in response to the killing of an Iranian general in an American air strike last week and Iran’s … Read More


Stocks, gold and oil whipsawed as Iran strikes pushes Mideast to brink

01 January, 2020 10:01 am 10:01 am

SHANGHAI (Reuters) – Financial markets were roiled on Wednesday after Iran fired missiles at US forces in Iraq, sending Asian stocks and US Treasury yields sliding and sharply lifting oil prices as investors feared a wider conflict in the Middle East. Iran’s missile attacks on the Ain Al-Asad air base and another in Erbil, Iraq, … Read More


Asia stocks rally, oil skids as investors reassess Mideast risk

01 January, 2020 11:28 am 11:28 am

SYDNEY (Reuters) – Asian shares rebounded on Tuesday as investors’ reassessed the risk of an all-out conflict between the United States and Iran, while Wall Street battled back to the black as tech stocks climbed. Oil surrendered hefty gains as some speculated Iran would be unlikely to strike against the US in a way that … Read More


Gold, oil, soar, US, Iran, trade, threats

Gold, oil soar on US and Iran trade threats

01 January, 2020 3:28 pm 3:28 pm

LONDON (Reuters) – Tensions in the Middle East after the killing of a top Iranian general by the United States erased new year gains for a gauge of world shares on Monday as investors pushed safe-haven gold to a seven-year high, and oil jumped to its highest since September. The United States detected a heightened … Read More


Oil OPEC highest China-US US trade

Oil nears $68, highest since Sept, on trade hopes, OPEC

12 December, 2019 10:15 pm 10:15 pm

LONDON (Reuters) – Oil rose towards $68 a barrel to its highest in over three months on Thursday, buoyed by a report showing lower US crude inventories, hopes of an end to the China-US trade dispute and OPEC-led efforts to constrain supply. The American Petroleum Institute, an oil industry group, said late on Tuesday that … Read More


Oil prices Oil trade China exports slip trade war trade war impact

Oil prices slip as weak China exports highlight trade war impact

12 December, 2019 9:19 pm 9:19 pm

LONDON (Reuters) – Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month, sending jitters through a market already concerned about damage being done to global demand by the trade war between Washington and Beijing. Brent futures were down 44 cents, or 0.68%, at $63.95 per barrel by 0935 … Read More


US mulls leaving some troops in Syria to guard oil: Pentagon

10 October, 2019 6:17 pm 6:17 pm

DOHUK, Iraq/KABUL (Reuters) – The Pentagon is considering keeping some US troops near oilfields in northeastern Syria alongside Kurdish-led Syrian Democratic Forces (SDF) to help deny oil to Islamic State militants, Defense Secretary Mark Esper said on Monday. US troops are crossing into Iraq as part of a broader withdrawal from Syria ordered by President … Read More


Oil, markets ,2 million barrels per day (bpd) ,crude ,geopolitical issues,,French oil and energy group Total

Total says 2 million bpd of crude supply off market due to geopolitics

10 October, 2019 10:19 am 10:19 am

Zhoushan (Reuters) – Oil markets have lost 2 million barrels per day (bpd) of crude supply this year due to geopolitical issues, a senior executive at French oil and energy group Total said on Friday at a conference. The geopolitical issues that led to the crude supply loss include US sanctions on Venezuela and Iran, … Read More


US, secret, cyber, strike, Iran, Saudi, oil, attack

US carried out secret cyber strike on Iran in wake of Saudi oil attack: off...

10 October, 2019 4:45 pm 4:45 pm

WASHINGTON (Reuters) – The United States carried out a secret cyber operation against Iran in the wake of the Sept. 14 attacks on Saudi Arabia’s oil facilities, which Washington and Riyadh blame on Tehran, two U.S. officials have told Reuters. The officials, who spoke on condition of anonymity, said the operation took place in late … Read More


Shell CEO Shell CEO invest in oil

Shell CEO says no choice but to invest in oil

10 October, 2019 11:14 am 11:14 am

LONDON (Reuters) – Royal Dutch Shell still sees abundant opportunity to make money from oil and gas in coming decades even as investors and governments increase pressure on energy companies over climate change, its Shell CEO chief executive said. But in an interview with Reuters, Shell CEO Ben van Beurden expressed concern that some shareholders … Read More


health,diet,symptoms,food,depression,men,test

Healthier diet may help lift depression symptoms

10 October, 2019 8:39 pm 8:39 pm

CANBERRA (Reuters ) – Young adults who eat poorly and feel blue might be able to perk themselves up by switching to a healthier diet, a small study suggests. In a randomized trial, men and women aged 17-35 in Australia who switched to a healthier diet had fewer depression symptoms after three weeks. And those … Read More


Oil Saudi Saudi Supply Fed reassurance focus

Oil steps back on Saudi supply reassurance, focus shifts to Fed

09 September, 2019 9:45 am 9:45 am

TOKYO (Reuters) – Oil prices cooled on Wednesday as Saudi Arabia said full oil production would be restored by month’s end while caution ahead of an expected US interest rate cut kept wider financial markets in tight ranges. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.13 % while Japan’s Nikkei was flat. … Read More


Oil crude crude oil oil gas Kohat OGDCL Oil and Gas Development Company

Crude oil, gas discovered in Kohat

09 September, 2019 10:26 pm 10:26 pm

ISLAMABAD (Web Desk) – Oil and Gas Development Company (OGDC) on Tuesday announced that the joint venture of Chanda D&PL has discovered crude oil and gas from its development Well-05, which is located in district Kohat, Khyber Pakhtunkhwa province. According to the APP, a preliminary test identified that the well could produce 76 Barrel per … Read More