Tag Archives: oil


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


Oil prices dip after three days of gains

08 August, 2019 7:45 am 7:45 am

TOKYO (Reuters) – Oil prices eased on Friday after three days of gains, with concerns about the state of the global economy amid the US-China trade war keeping prices in check. US oil CLc1 fell 6 cents, or 0.1%, to $56.65 a barrel by 0050 GMT. The contract is heading for a gain of more … Read More


Global-stocks

Stocks and oil fall, yen rallies as Trump threatens to further escalate Chi...

08 August, 2019 1:36 am 1:36 am

NEW YORK (Reuters) – Stocks and oil prices fell sharply on Friday while traditional safe havens rose after US President Donald Trump threatened to further escalate his trade war with China “this afternoon,” following a new round of retaliatory tariffs from Beijing. Earlier on Friday China’s Commerce Ministry said in a statement it would impose … Read More


Oil, gas, reserves, discovered, Kohat, Tal Block

New oil and gas reserves discovered from Kohat’s Tal Block

08 August, 2019 8:47 pm 8:47 pm

PESHAWAR (92 News) – New reserves of oil and gas were discovered from Tal Block, Kohat on Thursday. According to the Pakistan Oil Field Limited, Makori Deep II well will produce 18.25 MMCFD gas and 1,844 barrel raw oil per day. The discovery will save the precious foreign exchange. Moreover, the new discovery will leave … Read More


asian stock tariff china us dollar economic slowdown crude oil barrel

Asian stocks bounce in relief as Trump delays China tariffs

08 August, 2019 11:29 am 11:29 am

TOKYO (Reuters) – Asian stocks joined a global equities surge on Wednesday, after Washington delayed tariffs on some Chinese imports and gave much-needed relief for markets gripped by political and economic turmoil. The tariff news largely offset a raft of disappointing China data for July. The yen rose on the news about weak China’s industrial … Read More


Oil dives nearly 5% to seven-month low on surprise US stock build, trade wa...

08 August, 2019 12:39 am 12:39 am

HOUSTON (Reuters) – Oil prices tumbled more than 4.5% on Wednesday to a seven-month low, extending recent heavy losses following a surprise build in US crude stockpiles and fears that demand will shrink due to Washington’s escalating trade war with Beijing. Brent crude futures LCOc1 settled down $2.71, or 4.6%, at $56.23 a barrel, the … Read More


Oil plunges 3% as trade war concerns hit demand outlook

08 August, 2019 12:35 am 12:35 am

NEW YORK (Reuters) – Global oil benchmark Brent futures fell more than 3 per cent on Monday on global growth concerns after US President Donald Trump last week threatened China with more tariffs, which could limit crude demand from the world’s two biggest buyers. Brent crude LCOc1 fell $2.08, or 3.36%, to settle at $59.81 … Read More


Iran, Britain, release, seized, oil, tanker, immediately

Iran calls on Britain to release seized oil tanker immediately

07 July, 2019 11:06 pm 11:06 pm

DUBAI (Reuters) – Iran called on Britain on Friday to immediately release an oil tanker that British Royal Marines seized last week on suspicion it was breaking European sanctions by taking oil to Syria, a foreign ministry spokesman told state news agency IRNA. “This is a dangerous game and has consequences … the legal pretexts … Read More


saudi arabia iran oman oil attack blame prince muhmmad bin salman conflicts tehran

Saudi Arabia blames Iran for oil tanker attacks

06 June, 2019 10:24 am 10:24 am

RIYADH (Reuters) – Saudi Arabia’s crown prince blamed Iran for attacks on two oil tankers in the Gulf of Oman and called on the international community to take a “decisive stand” but said in an interview published on Sunday that the kingdom does not want a war in the region. Attacks on two oil tankers … Read More