Tag Archives: oil

Dollar, US yields slide on Fed official rate talk

11 November, 2018 8:57 am 8:57 am

NEW YORK (Reuters) – The US dollar weakened and Treasury yields slid after a top Federal Reserve official said US interest rates were near a neutral rate, while the S&P 500 ended positive after a seesaw session helped by optimism Read More




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Saudi energy minister says no plans to break up OPEC

11 November, 2018 2:12 pm 2:12 pm

ABU DHABI (Reuters) – Saudi Arabia is not preparing for a break up of OPEC and believes the group will remain the global central bank for oil for a long time, Saudi Energy Minister Khalid al Falih said on Monday. Read More




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Oil slips on worries that economic slowdown could weigh on fuel demand

11 November, 2018 9:36 am 9:36 am

SINGAPORE (Reuters) – Oil prices slipped on Tuesday as concerns that an economic slowdown may curb fuel demand growth overshadowed the reintroduction of sanctions on Iran. US West Texas Intermediate (WTI) crude futures CLc1 were at $62.93 a barrel at Read More




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Rouhani says Iran to sell oil, defy US sanctions

11 November, 2018 1:58 pm 1:58 pm

DUBAI (Reuters) – Iran will sell its oil and break sanctions reimposed by the United States on its vital energy and banking sectors, Iranian President Hassan Rouhani told economists at a meeting broadcast live on state television on Monday. “America Read More




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Oil prices fall as US grants Iran sanction waivers to major importers

11 November, 2018 9:36 am 9:36 am

SINGAPORE (Reuters) – Oil prices fell on Monday as the start to US sanctions against Iran’s fuel exports was softened by waivers that will allow major buyers to still import Iranian crude, at least temporarily. Front-month Brent crude futures LCOc1 Read More




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US allows eight importers to keep buying Iran oil for now

11 November, 2018 8:41 am 8:41 am

WASHINGTON (Reuters) – The United States said it will temporarily allow eight importers to keep buying Iranian oil when it re-imposes sanctions to try to force Iran to curb its nuclear, missile and regional activities. US Secretary of State Mike Read More




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Global oil pricing worries hit US energy shares as earnings loom

10 October, 2018 9:25 am 9:25 am

NEW YORK (Reuters) – Worries over global oil pricing and pipeline constraints are hanging over the energy sector as US companies begin to report quarterly results, with many producers’ shares trading lower on the year. Third-quarter profits for oil producers Read More




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Oil prices fall one percent amid global stock market slump

10 October, 2018 8:20 am 8:20 am

SINGAPORE (Reuters) – Oil prices fell by around one percent on Thursday, coming under pressure from sharp selloffs in global stock markets, with US stocks posting the biggest daily decline since 2011 to wipe out the year’s gains. Front-month Brent Read More




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Asia stocks struggle as global woes persist, oil near two-month lows

10 October, 2018 9:55 am 9:55 am

TOKYO (Reuters) – Asian stocks edged lower on Wednesday as concerns, ranging from worries about US corporate earnings to Middle East tensions, weighed on sentiment while crude oil approached two-month lows after Saudi Arabia flagged possible supply increases. MSCI’s broadest Read More




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Oil edges back from big slump as Iran sanctions return to focus

10 October, 2018 9:15 am 9:15 am

SINGAPORE (Reuters) – Oil prices on Wednesday clawed back a fraction of their hefty losses the day before that came after Saudi Arabia said it would make up for supply disruptions from U.S. sanctions starting next month on Iran’s petroleum Read More




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Saudi Arabia announces US$12b package for Pakistan: declaration

10 October, 2018 9:33 pm 9:33 pm

ISLAMABAD (92 News) – Saudi Arabia has announced a US$12 package for Pakistan in three years. According to a press release issued on Tuesday, Prime Minister Imran Khan visited Saudi Arabia on the invitation of the Custodian of the Two Read More




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Oil prices fall as Saudi Arabia pledges to play ‘responsible roleR...

10 October, 2018 8:11 am 8:11 am

SINGAPORE (Reuters) – Oil prices fell on Tuesday after Saudi Arabia pledged to play a “responsible role” in energy markets, although sentiment remained nervous in the run-up to US sanctions against Iran’s crude exports that start next month. Front-month Brent Read More




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Oil edges up on looming Iran sanctions, but US-China trade war caps gains

10 October, 2018 8:22 am 8:22 am

SINGAPORE (Reuters) – Oil prices edged up on Monday, as markets were expected to tighten once US sanctions against Iran’s crude exports are implemented next month. Front-month Brent crude oil futures LCOc1 were trading at $79.88 a barrel at 0248 Read More




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Dollar at one week high after hawkish Fed minutes; Asia stocks capped

10 October, 2018 8:09 am 8:09 am

TOKYO (Reuters) – Asian stocks were capped and the dollar rose to a one week-high in early Thursday trade after the minutes of the Federal Reserve’s latest meeting showed broad agreement among board members on the need to raise borrowing Read More




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Oil prices rise on signs Iranian oil exports are falling further in October

10 October, 2018 8:34 am 8:34 am

SEOUL (Reuters) – Oil prices rose on Tuesday on signs Iranian oil exports this month have fallen from September ahead of US sanctions against Tehran that are set to start in November. International benchmark Brent crude LCOc1 for December delivery Read More




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