Tag Archives: opec

Classrooms near empty as school starts in crisis-stricken Venezuela

09 September, 2018 9:27 am 9:27 am

CAUCAGUA (Reuters) – Venezuela’s school year began with few students arriving in classrooms amid a crippling economic crisis that has left many families unable to afford supplies or provide their children with enough food to focus on schoolwork. The OPEC Read More




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Oil prices drop as escalating trade war clouds demand outlook

09 September, 2018 9:04 am 9:04 am

BEIJING (Reuters) – Oil markets dropped on Tuesday as the latest escalation in the Sino-US trade war clouded the outlook for demand, although concerns over tightening supply offered prices some support. Brent crude LCOc1 futures had declined 27 cents, or 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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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 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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Iran says no OPEC member can take over its share of oil exports

08 August, 2018 2:18 pm 2:18 pm

LONDON (Reuters) – Iran told OPEC on Sunday no member country should be allowed to take over another member’s share of oil exports, expressing Tehran’s concern about Saudi Arabia’s offer to pump more oil in the face of US sanctions Read More




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Oil prices rise after Saudi output dips, US drilling stalls

08 August, 2018 8:17 am 8:17 am

SINGAPORE (Reuters) – Oil prices rose on Monday after Saudi crude production registered a surprising dip in July and as American shale drilling appeared to plateau. Markets also anticipated an announcement from Washington due later on Monday detailing renewed US Read More




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