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https://www.reuters.com/article/global-metals/metals-nickel-prices-drop-on-worries-china-steel-demand-is-losing-its-shine-idINL3N1NN2A9?edition-redirect=in
METALS-Nickel prices drop on worries China steel demand is losing its shine
METALS-Nickel prices drop on worries China steel demand is losing its shine By James Regan2 Min Read (Updates prices) SYDNEY, Nov 17 (Reuters) - Shanghai nickel prices fell on Friday on worries about growth in Chinese steel markets, with the sector heading into a low consumption period over winter. The base metal, used...
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https://www.reuters.com/article/global-metals/metals-shanghai-aluminium-hits-3-month-peak-on-demand-optimism-idUKL4N28S0UQ?edition-redirect=uk
METALS-Shanghai aluminium hits 3-month peak on demand optimism
METALS-Shanghai aluminium hits 3-month peak on demand optimism By Reuters Staff4 Min Read SINGAPORE, Dec 18 (Reuters) - Shanghai aluminium scaled a three-month high on Wednesday, as the expected finalization of an initial U.S.-China trade deal fuelled optimism about demand for the metal used in transportation, construc...
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https://www.reuters.com/article/global-metals/metals-shanghai-aluminium-scales-3-month-high-on-demand-hopes-idINL4N28S106?edition-redirect=in
METALS-Shanghai aluminium scales 3-month high on demand hopes
METALS-Shanghai aluminium scales 3-month high on demand hopes By Mai Nguyen, Tom Daly3 Min Read (Updates prices) SINGAPORE/BEIJING, Dec 18 (Reuters) - Shanghai aluminium hit its highest level in three months on Wednesday, as easing U.S.-China trade conflict fuelled demand optimism. “Demand is good and China’s output ha...
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https://www.reuters.com/article/global-metals/metals-shanghai-aluminium-slips-to-2-week-low-as-china-stocks-climb-idUKL4N298090?edition-redirect=uk
METALS-Shanghai aluminium slips to 2-week low as China stocks climb
METALS-Shanghai aluminium slips to 2-week low as China stocks climb By Reuters Staff0 Min Read BEIJING, Jan 3 (Reuters) - Shanghai aluminium prices fell in early trade on Friday, having hit a more than two-week low under 14,000 yuan ($2,009.96) a tonne overnight on signs that stocks in top consumer China were rising ag...
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https://www.reuters.com/article/global-metals/metals-shanghai-copper-slips-for-2nd-day-on-lukewarm-trade-idUKL3N1WX07E?edition-redirect=uk
METALS-Shanghai copper slips for 2nd day on lukewarm trade
METALS-Shanghai copper slips for 2nd day on lukewarm trade By Reuters Staff3 Min Read BEIJING, Oct 17 (Reuters) - Shanghai copper extended losses for a second day on Wednesday, curbed by tepid spot trading amid increasing stockpiles at the futures exchange. FUNDAMENTALS * Three-month copper on the London Metal Exchange...
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https://www.reuters.com/article/global-metals/metals-shanghai-nickel-hits-10-1-2-month-high-on-indonesian-supply-concerns-idUKL4N24G09J?edition-redirect=uk
METALS-Shanghai nickel hits 10-1/2-month high on Indonesian supply concerns
METALS-Shanghai nickel hits 10-1/2-month high on Indonesian supply concerns By Reuters Staff4 Min Read SINGAPORE, July 15 (Reuters) - Shanghai nickel prices on Monday surged to their highest in more than 10 months, tracking an overnight rally in London, on concerns that top producer Indonesia will resume an export ban ...
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https://www.reuters.com/article/global-metals/metals-strengthening-dollar-curbs-copper-rebound-idUKL8N29F2V1?edition-redirect=uk
METALS-Strengthening dollar curbs copper rebound
METALS-Strengthening dollar curbs copper rebound By Peter Hobson4 Min Read (Updates with closing prices) LONDON, Jan 10 (Reuters) - Copper was up by more than 1% for the week on Friday as fears of conflict in the Middle East diminished and exchange inventories continued to dwindle, though prices were kept in check by a...
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https://www.reuters.com/article/global-metals/metals-us-china-trade-deal-boosts-copper-prices-even-as-doubts-linger-idUKL4N29L2HP?edition-redirect=uk
METALS-U.S.-China trade deal boosts copper prices even as doubts linger
METALS-U.S.-China trade deal boosts copper prices even as doubts linger By Zandi Shabalala3 Min Read * Key issues linger in U.S.-China trade row * Copper prices hit highest since May * Zinc and lead rise to two-month high (Updates with official prices) LONDON, Jan 16 (Reuters) - Copper climbed to an eight-month high on...
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https://www.reuters.com/article/global-metals/metals-zinc-drops-as-rising-chinese-inventories-stoke-demand-fears-idINL4N28Y0LD?edition-redirect=in
METALS-Zinc drops as rising Chinese inventories stoke demand fears
METALS-Zinc drops as rising Chinese inventories stoke demand fears By Reuters Staff0 Min Read BEIJING, Dec 24 (Reuters) - Zinc prices fell in London and Shanghai in early Asian trade on Tuesday, as a rise in Chinese inventories stoked demand concerns and led investors to take up short positions on the metal used to gal...
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https://www.reuters.com/article/global-metals/metals-zinc-hits-3-month-low-on-scepticism-over-china-buoyancy-idUKL4N28C25J?edition-redirect=uk
METALS-Zinc hits 3-month low on scepticism over China buoyancy
METALS-Zinc hits 3-month low on scepticism over China buoyancy By Eric Onstad4 Min Read * Nickel falls to lowest since mid-July, rebounds * GRAPHIC-2019 asset returns: tmsnrt.rs/2jvdmXl (Updates with closing prices) LONDON, Dec 2 (Reuters) - Zinc sank to its lowest in nearly three months on Monday and other industrial ...
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https://www.reuters.com/article/global-oceans-fish-idINL4N27V3U9?edition-redirect=in
FEATURE-Fish in fashion: Scientists and designers create products to soothe stressed oceans
FEATURE-Fish in fashion: Scientists and designers create products to soothe stressed oceans By Thin Lei Win, Thomson Reuters Foundation6 Min Read ROME, Nov 21 (Thomson Reuters Foundation) - With a third of the world’s oceans over-fished and global consumption at an all-time high, the time seems ripe for forward-thinkin...
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https://www.reuters.com/article/global-oil-analysts-idUKL4N2BR2FK?edition-redirect=uk
ANALYSTS' VIEW-Oil analysts sceptical about Saudi-Russian 'deal'
ANALYSTS' VIEW-Oil analysts sceptical about Saudi-Russian 'deal' By Reuters Staff5 Min Read April 3 (Reuters) - U.S. President Donald Trump is stoking the possibility of Saudi Arabia and Russia negotiating oil output cuts as the coronavirus outbreak hammers demand. Trump said on Thursday he had brokered a deal between ...
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https://www.reuters.com/article/global-oil-canada-idCAO8N2CM004?edition-redirect=ca
Canada's oil producers need climate targets to draw investment, Trudeau says
Canada's oil producers need climate targets to draw investment, Trudeau says By Reuters Staff1 Min Read May 13 (Reuters) - Oil producers need to set clear targets to fight climate change to draw global capital, Canadian Prime Minister Justin Trudeau said on Wednesday, as major investors stepped up restrictions on trans...
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https://www.reuters.com/article/global-oil-canada-idINKBN27H1GW?edition-redirect=in
Canada turns on oil taps as prices rise, curbs lift
Canada turns on oil taps as prices rise, curbs lift By Rod Nickel3 Min Read WINNIPEG, Manitoba (Reuters) - Canadian crude producers are churning out extra barrels to finish their hardest year in decades on a higher note, after Alberta’s government lifted restrictions and as demand for heavy oil surged. FILE PHOTO: Pipe...
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https://www.reuters.com/article/global-oil-cuts-idUKL8N2BA2EF?edition-redirect=uk
FACTBOX-Global oil, gas producers slash spending after price rout
FACTBOX-Global oil, gas producers slash spending after price rout By Reuters Staff2 Min Read (Adds Exxon, Kosmos) March 17 (Reuters) - Oil and gas companies around the world are planning to slash spending in the face of a plunge in oil prices caused by the spread of the coronavirus and a push by Saudi Arabia and Russia...
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https://www.reuters.com/article/global-oil-funds-analysis/analysis-oil-investors-still-on-edge-waiting-on-opecs-word-idINKCN1NW2C6?edition-redirect=in
Analysis: Oil investors still on edge, waiting on OPEC's word
Analysis: Oil investors still on edge, waiting on OPEC's word By Devika Krishna Kumar5 Min Read NEW YORK (Reuters) - Global oil markets are nervously eyeing OPEC’s upcoming meeting for clarity on future supply as the dust settles after a full-fledged rout in crude markets over the last several weeks. FILE PHOTO: An Ar...
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https://www.reuters.com/article/global-oil-idINKBN21A07V?edition-redirect=in
Crude edges higher, U.S. gasoline slumps over 30% on sinking demand
Crude edges higher, U.S. gasoline slumps over 30% on sinking demand By Devika Krishna Kumar4 Min Read NEW YORK (Reuters) - Oil prices inched higher on Monday, while U.S. gasoline prices plunged more than 30% to a record low as global restrictions on travel to slow the spread of coronavirus destroyed demand for fuel. F...
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https://www.reuters.com/article/global-oil-idINKBN27Y05C?edition-redirect=in
Oil falls as big build in U.S. crude stockpiles raises spectre of supply glut
Oil falls as big build in U.S. crude stockpiles raises spectre of supply glut By Yuka Obayashi3 Min Read The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. REUTERS/Angus Mordant/File Photo TOKYO (Reuters) - Oil prices fell on Wednesday after a bigger-than...
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https://www.reuters.com/article/global-oil-idINKCN0XQ02T?edition-redirect=in
Oil ends steady near $50; best monthly gain in Brent in seven years
Oil ends steady near $50; best monthly gain in Brent in seven years By Barani Krishnan3 Min Read NEW YORK (Reuters) - Oil prices ended steady on Friday after hitting 2016 highs but finished April trading about 20 percent higher, with Brent crude having its best monthly gain in seven years. A pump jack is seen near sunf...
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https://www.reuters.com/article/global-oil-idINL3N2ET0DV?edition-redirect=in
Oil prices fall on U.S. inventory build, increasing pandemic fears
Oil prices fall on U.S. inventory build, increasing pandemic fears By Jessica Jaganathan3 Min Read * U.S. crude stockpile rise sharply in latest week - API * Trump shifts rhetoric, warns virus is getting worse * Iraq’s oil exports rise in July * Coming up: EIA inventory data at 1430GMT SINGAPORE, July 22 (Reuters) - Oi...
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https://www.reuters.com/article/global-oil-idINL3N2F008P?edition-redirect=in
CORRECTED-Oil rises after surprise drop in U.S. inventories offsets demand concerns
CORRECTED-Oil rises after surprise drop in U.S. inventories offsets demand concerns By Reuters Staff2 Min Read (Corrects first paragraph to say inventories decreased, not increased) TOKYO, July 29 (Reuters) - Oil prices rose on Wednesday after an industry report showed that crude inventories in the United States decrea...
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https://www.reuters.com/article/global-oil-idINL4N2BJ0Y6?edition-redirect=in
UPDATE 1-Oil prices slip as demand shrinks, but stimulus supports
UPDATE 1-Oil prices slip as demand shrinks, but stimulus supports By Roslan Khasawneh3 Min Read * Swelling supplies and inventories weigh * Losses capped as U.S. Senate passes $2 trln stimulus * Demand loss in Q2 estimated around 15 mln bpd - analysts * Oil prices may fall to $10/bbl as inventories fill - analyst (Adds...
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https://www.reuters.com/article/global-oil-idINL4N2HP427?edition-redirect=in
Oil jumps as inventory falls, market awaits U.S. vote results
Oil jumps as inventory falls, market awaits U.S. vote results By Reuters Staff3 Min Read TOKYO, Nov 4 (Reuters) - U.S. oil prices jumped more than 2% on Wednesday after industry data showed crude inventories in the United States dropped sharply and as investors awaited results from the tumultuous presidential election....
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https://www.reuters.com/article/global-oil-idUKL1N2I302G?edition-redirect=uk
Oil prices edge higher ahead of OPEC+ meeting, vaccine hopes
Oil prices edge higher ahead of OPEC+ meeting, vaccine hopes By Jessica Jaganathan3 Min Read * OPEC+ weighs oil cuts extension, sees weaker compliance * Moderna says vaccine 94.5% effective in preventing COVID-19 * China crude throughput hits record high in October SINGAPORE, Nov 17 (Reuters) - Oil prices edged higher ...
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https://www.reuters.com/article/global-oil-idUKL3N1BL081?edition-redirect=uk
RPT-Oil pulls back after big jump on U.S. crude stock draw
RPT-Oil pulls back after big jump on U.S. crude stock draw By Reuters Staff2 Min Read (Repeats to additional subscribers) TOKYO, Sept 9 (Reuters) - Oil prices pulled back on profit-taking on Friday after settling more than 4 percent higher a day earlier after government data confirmed a surprisingly huge drawdown in U....
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https://www.reuters.com/article/global-oil-idUKL4N1AF18Q?edition-redirect=uk
Oil prices remain near April lows on ongoing oversupply
Oil prices remain near April lows on ongoing oversupply By Henning Gloystein2 Min Read SINGAPORE, July 29 (Reuters) - Oil prices on Friday remained around April lows as slowing economic growth threatened to worsen ongoing oversupply of crude and refined products. International Brent crude oil futures were trading at $4...
eb9ca58fade205747142ec0baef72ff6
https://www.reuters.com/article/global-oil-idUKL4N2860BF?edition-redirect=uk
Oil prices steady amid hopes for U.S.-China trade deal
Oil prices steady amid hopes for U.S.-China trade deal By Reuters Staff2 Min Read TOKYO, Nov 26 (Reuters) - Oil prices were steady on Tuesday, holding onto gains from the previous session, after positive comments from the United States and China kept alive hopes that the world’s two largest economies are soon to agree ...
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https://www.reuters.com/article/global-oil-idUKL4N29E0AF?edition-redirect=uk
Oil edges up after plunge, as market recovers poise
Oil edges up after plunge, as market recovers poise By Reuters Staff2 Min Read TOKYO, Jan 9 (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 res...
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https://www.reuters.com/article/global-oil-idUKL4N2E50JI?edition-redirect=uk
Oil falls in second straight session as virus cools demand
Oil falls in second straight session as virus cools demand By Florence Tan2 Min Read SINGAPORE, June 29 (Reuters) - Oil prices fell for a second straight session on Monday as coronavirus cases rose in the United States and other places, leading countries to resume partial lockdowns that could hurt fuel demand. Brent cr...
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https://www.reuters.com/article/global-oil-idUKL4N2ED06O?edition-redirect=uk
Oil prices mixed as coronavirus spike casts shadow over U.S. demand
Oil prices mixed as coronavirus spike casts shadow over U.S. demand By Florence Tan2 Min Read * Brent up 0.3%, extending jump last week on tighter supply * But WTI off 0.7%; no settlement on Friday with market closed * U.S. oil rigs at record low for 9th week - Baker Hughes SINGAPORE, July 6 (Reuters) - Oil prices offe...
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https://www.reuters.com/article/global-oil-idUKL4N2HI59K?edition-redirect=uk
Oil falls on oversupply fears after build in U.S. crude stocks
Oil falls on oversupply fears after build in U.S. crude stocks By Reuters Staff2 Min Read TOKYO, Oct 28 (Reuters) - Oil prices slid more than 1 percent on Wednesday, paring the previous day’s gains, as a jump in U.S. crude inventories and surging COVID-19 cases raised fears of an oversupply of oil and weak fuel demand....
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https://www.reuters.com/article/global-oil-idUKL4N2HR021?edition-redirect=uk
Oil slips on rising U.S. dollar on bets of no big fiscal package
Oil slips on rising U.S. dollar on bets of no big fiscal package By Sonali Paul3 Min Read MELBOURNE, Nov 5 (Reuters) - U.S. oil prices fell in early trade on Thursday as the dollar strengthened on expectations the Republican Party would keep control of the Senate following the U.S. election, holding back any huge COVID...
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https://www.reuters.com/article/global-oil-idUSKBN26J0LF?edition-redirect=uk
Oil up 1% on economic hope; virus fears check price gains
Oil up 1% on economic hope; virus fears check price gains By Laila Kearney3 Min Read NEW YORK (Reuters) - Oil prices rose 1% on Monday as global equities rallied on hopes for another U.S. stimulus package, but rising virus cases fed concerns about fuel demand and kept oil futures from moving higher. FILE PHOTO: the sun...
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https://www.reuters.com/article/global-oil-idUSKBN26S063
Oil falls 2% on U.S. stimulus impasse, stockpile rise
Oil falls 2% on U.S. stimulus impasse, stockpile rise By Stephanie Kelly3 Min Read NEW YORK (Reuters) - Oil prices fell nearly 2% on Wednesday after U.S. President Donald Trump dashed hopes for another stimulus package to boost the coronavirus-hit economy and after U.S. crude inventories rose in the most recent week. A...
cf4df283d23decad12acb18331f52bea
https://www.reuters.com/article/global-oil-idUSL3N1S005L
Oil prices dip on rising US rig count, but overall sentiment remains bullish
Oil prices dip on rising US rig count, but overall sentiment remains bullish By Henning Gloystein2 Min Read * U.S. rig count rises to 820, highest since March, 2015 * But strong demand, OPEC cuts still support prices overall SINGAPORE, April 23 (Reuters) - Oil prices dipped early on Monday as a rising U.S. rig count po...
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https://www.reuters.com/article/global-oil-imo-factbox/global-refiners-raise-cleaner-shipping-fuel-output-ahead-of-imo-2020-idINKBN1YZ0BO?edition-redirect=in
Global refiners raise cleaner shipping fuel output ahead of IMO 2020
Global refiners raise cleaner shipping fuel output ahead of IMO 2020 By Reuters Staff5 Min Read (Reuters) - Global oil refiners have upgraded processing units and adjusted operations to raise output of low-sulphur residual fuels and marine gasoil (MGO) to prepare for stricter shipping fuel standards that kick in on Jan...
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https://www.reuters.com/article/global-oil-imo-idUKL4N27T132?edition-redirect=uk
FACTBOX-Global refiners raise cleaner shipping fuel output ahead of IMO 2020
FACTBOX-Global refiners raise cleaner shipping fuel output ahead of IMO 2020 By Reuters Staff5 Min Read Nov 20 (Reuters) - Global oil refiners have upgraded processing units and adjusted operations to raise output of low-sulphur residual fuels and marine gasoil (MGO) to prepare for stricter shipping fuel standards that...
547668871d5b20de04cc9e5355c9728e
https://www.reuters.com/article/global-oil-int-idUSKBN28003E
Oil rises about 1%, posts third week of gains on vaccine hopes
Oil rises about 1%, posts third week of gains on vaccine hopes By Stephanie Kelly3 Min Read NEW YORK (Reuters) - Oil prices rose about 1% higher on Friday and posted a third consecutive weekly rise, buoyed by successful COVID-19 vaccine trials, while renewed lockdowns in several countries to limit the spread of the cor...
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https://www.reuters.com/article/global-oil-int/oil-ends-higher-boosted-by-u-s-stimulus-hopes-idUSKBN27703S
Oil ends higher, boosted by U.S. stimulus hopes
Oil ends higher, boosted by U.S. stimulus hopes By Jessica Resnick-Ault3 Min Read NEW YORK (Reuters) - Oil prices ticked up on Thursday, boosted by the possibility of an economic stimulus package in the United States, but struggled to recover fully from the previous session’s losses when higher U.S. gasoline inventorie...
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https://www.reuters.com/article/global-oil-int/oil-falls-on-weaker-economic-growth-forecasts-and-swelling-us-crude-stocks-idINKBN1WU05S?edition-redirect=in
Oil falls on weaker economic growth forecasts and swelling US crude stocks
Oil falls on weaker economic growth forecasts and swelling US crude stocks By Scott DiSavino3 Min Read NEW YORK (Reuters) - Oil prices fell on Tuesday, as investors worried that the unrelenting U.S.-China trade war would keep squeezing the global economy, and that swelling U.S. crude inventories would further pressure ...
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https://www.reuters.com/article/global-oil-int/oil-rises-2-after-reports-of-iranian-tanker-attack-idINKBN1WQ02N?edition-redirect=in
Oil rises 2% after reports of Iranian tanker attack
Oil rises 2% after reports of Iranian tanker attack By Stephanie Kelly4 Min Read NEW YORK (Reuters) - Oil prices rose more than 2% on Friday after Iranian media said a state-owned oil tanker was attacked in the Red Sea near Saudi Arabia, while optimism surrounding the U.S.-China trade war lifted sentiment. FILE PHOTO: ...
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https://www.reuters.com/article/global-oil-int/oil-settles-up-near-57-on-tight-supply-expectations-idUSKBN29H06E
Oil settles up, near $57 on tight supply expectations
Oil settles up, near $57 on tight supply expectations By Laura Sanicola3 Min Read NEW YORK (Reuters) - Oil hit an 11-month high just below $57 a barrel on Tuesday, bolstered by Saudi Arabia’s plans to limit supply, offsetting worries that rising coronavirus cases globally would curtail fuel demand. FILE PHOTO: Crude oi...
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https://www.reuters.com/article/global-oil-iraq/update-1-iraq-proposes-budget-cuts-to-foreign-oil-firms-after-oil-price-crash-idUKL8N2BK20F?edition-redirect=uk
UPDATE 1-Iraq proposes budget cuts to foreign oil firms after oil price crash
UPDATE 1-Iraq proposes budget cuts to foreign oil firms after oil price crash By Aref Mohammed, Hadeel Al Sayegh, Vladimir Soldatkin4 Min Read (Adds quotes, details) BASRA, Iraq/ DUBAI, March 27 (Reuters) - Iraq has sent a proposal to all international oil companies asking them to reduce the budgets of developing oilfi...
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https://www.reuters.com/article/global-oil-irving-layoffs-idUKL1N2EF1W9?edition-redirect=uk
Irving Oil to lay off 6% of global workforce, citing coronavirus
Irving Oil to lay off 6% of global workforce, citing coronavirus By Reuters Staff1 Min Read July 8 (Reuters) - Refiner Irving Oil will lay off 6% of its global workforce due to economic challenges presented by the coronavirus pandemic, the company said on Wednesday. The layoffs will affect 250 workers across its operat...
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https://www.reuters.com/article/global-oil-jet-fuel/jet-fuel-demand-to-remain-low-for-years-as-airlines-buckle-up-for-tough-ride-idUSL5N2C26EJ
Jet fuel demand to remain low for years as airlines buckle up for tough ride
Jet fuel demand to remain low for years as airlines buckle up for tough ride By Bozorgmehr Sharafedin, Tim Hepher, Koustav Samanta5 Min Read * Jet fuel has been hardest hit, down 60% in last two months * Changes in business and leisure travel could linger * IATA has warned of slow recovery * Growth in economies should ...
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https://www.reuters.com/article/global-oil-layoffs-idCAL1N2BV0U3?edition-redirect=ca
STEP Energy Services, NCS Multistage cut jobs as oil collapses
STEP Energy Services, NCS Multistage cut jobs as oil collapses By Liz Hampton2 Min Read April 7 (Reuters) - More oilfield service companies dismissed workers this week after oil prices collapsed to near two-decade lows amid a price war among top producers and falling demand from the spread of the novel coronavirus. Hou...
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https://www.reuters.com/article/global-oil-prices-idINKBN21N0HI?edition-redirect=in
Oil prices set to open lower due to Saudi-Russia row
Oil prices set to open lower due to Saudi-Russia row By Ahmad Ghaddar, Julia Payne3 Min Read LONDON (Reuters) - Global benchmark oil prices are expected to open lower on Monday as a dispute between top crude exporters Russia and Saudi Arabia raises concerns of another collapse in talks to curb production at a meeting t...
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https://www.reuters.com/article/global-oil-prices/rpt-oil-price-rise-muted-in-2019-despite-sanctions-supply-cuts-attack-in-saudi-arabia-idINL1N2910M7?edition-redirect=in
RPT-Oil price rise muted in 2019 despite sanctions, supply cuts, attack in Saudi Arabia
RPT-Oil price rise muted in 2019 despite sanctions, supply cuts, attack in Saudi Arabia By Devika Krishna Kumar, Florence Tan4 Min Read (Repeats story published earlier on Dec 30, no changes) NEW YORK/SINGAPORE, Dec 30 (Reuters) - Oil prices rose more than 20% this year but there were no sharp spikes and crude futures ...
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https://www.reuters.com/article/global-oil-refinery-shutdowns-idINFWN2HY09Q?edition-redirect=in
FACTBOX-Oil refiners shut plants as demand losses may never return
FACTBOX-Oil refiners shut plants as demand losses may never return By Reuters Staff0 Min Read (Adds Petron Corp's Bataan under planned, moves Royal Dutch Shell's Convent under completed) Dec 15 (Reuters) - Oil refiners are permanently closing processing plants in Asia and North America and facilities in Europe coul...
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https://www.reuters.com/article/global-oil-refining-idCAL8N2BN74A?edition-redirect=ca
Facing huge demand loss, global oil refineries cut output
Facing huge demand loss, global oil refineries cut output By Olga Yagova, Ahmad Ghaddar3 Min Read LONDON/MOSCOW, March 30 (Reuters) - The list of oil refiners that have reduced their production in the wake of unprecedented fall in fuel demand from the coronavirus pandemic is growing with European refineries slashing ou...
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https://www.reuters.com/article/global-oil-shale-idCAL4N2B53UV?edition-redirect=ca
WRAPUP 1-More U.S. oil producers slash budgets amid price rout
WRAPUP 1-More U.S. oil producers slash budgets amid price rout By Arathy S Nair3 Min Read March 12 (Reuters) - Devon Energy, Apache Corp and Murphy Oil Corp on Thursday became the latest in a string of North American oil producers to slash their capital spending and drilling plans as crude prices tumble. Oil producers ...
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https://www.reuters.com/article/global-oil-shale-idCAL4N2B54O9?edition-redirect=ca
WRAPUP 2-More U.S. oil producers slash budgets amid price rout
WRAPUP 2-More U.S. oil producers slash budgets amid price rout By Arathy S Nair, Arunima Kumar4 Min Read (Adds related content, graphic) March 12 (Reuters) - Devon Energy, Apache Corp and Murphy Oil Corp on Thursday became the latest North American oil producers to slash capital spending and drilling plans as crude pri...
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https://www.reuters.com/article/global-oil-spr-funds-idUKL1N2BJ28D?edition-redirect=uk
U.S. Energy Dept has funds for oil purchase for petroleum reserve-official
U.S. Energy Dept has funds for oil purchase for petroleum reserve-official By Reuters Staff1 Min Read WASHINGTON, March 26 (Reuters) - The U.S. Energy Department has enough money set aside for a potential purchase of oil for Strategic Petroleum Reserve, a senior official said on Thursday, after the department withdrew ...
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https://www.reuters.com/article/global-oil-storage-idUKL8N2BH3AM?edition-redirect=uk
Global oil storage fills to the brim despite leap in costs
Global oil storage fills to the brim despite leap in costs By Bozorgmehr Sharafedin, Shadia Nasralla, Devika Krishna Kumar5 Min Read * Demand destruction drives hunt for storage * Storage capacity not evenly spread across globe * Storage often rented out long term * Lease prices double in major hubs By Bozorgmehr Shar...
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https://www.reuters.com/article/global-oil-texas-idCAL3N2CG4K4?edition-redirect=ca
UPDATE 1-Texas energy regulators to vote on production curtailments in May 5 meeting
UPDATE 1-Texas energy regulators to vote on production curtailments in May 5 meeting By Reuters Staff2 Min Read (Adds background) April 28 (Reuters) - Texas energy regulators will next week vote on a controversial proposal to reduce the state’s oil output after delaying it on concerns of legal challenges. The vote foll...
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Oil prices rally in late trading after Turkish military takes over
Oil prices rally in late trading after Turkish military takes over By Reuters Staff1 Min Read NEW YORK, July 15 (Reuters) - Oil prices extended gains in post-settlement trading on Friday after Turkey’s armed forces said they had taken power in the country to protect the democratic order and to maintain human rights. Su...
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Drowning in crude, U.S. drillers say Trump strategic reserve plan is no lifeline
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Oil climbs on U.S.-China trade optimism, Middle East tensions
Oil climbs on U.S.-China trade optimism, Middle East tensions By Jane Chung3 Min Read * Brent, WTI futures both up 0.3% * Brent to hold near $63 in 2020, WTI around $57 - poll * U.S. crude stocks fell by 7.8 mln bbls last week - API SEOUL, Jan 2 (Reuters) - Oil prices rose on the first trading day of 2020 as warming tr...
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Oil dips after U.S. stock build; U.S.-China deal hopes support
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https://www.reuters.com/article/global-oil/oil-dips-after-us-stock-build-but-demand-hopes-support-idUKL4N28S0CB?edition-redirect=uk
Oil dips after U.S. stock build, but demand hopes support
Oil dips after U.S. stock build, but demand hopes support By Koustav Samanta2 Min Read SINGAPORE, Dec 18 (Reuters) - Oil retreated on Wednesday after rising more than 1% in the previous session as U.S. industry data showed a surprise build in crude stocks, but hopes for firmer demand next year checked a deeper fall in ...
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Oil dips as markets await Iran response to U.S. killing of military commander
Oil dips as markets await Iran response to U.S. killing of military commander By Florence Tan3 Min Read * Iran more likely to focus on U.S. military targets - Eurasia * Dec OPEC output falls by 50,000 bpd - survey * U.S. crude stocks likely to drop 4th week in a row - poll SINGAPORE, Jan 7 (Reuters) - Oil prices edged ...
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Oil dips on easing U.S.-Iran tensions, eyes on China trade deal
Oil dips on easing U.S.-Iran tensions, eyes on China trade deal By Reuters Staff2 Min Read SEOUL, Jan 13 (Reuters) - Oil prices edged down on Monday as fears of conflict between the United States and Iran eased, although the decline was checked by the planned signing of an initial U.S.-China trade deal this week, which...
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Oil down nearly 4% as virus surge weighs on demand outlook
Oil down nearly 4% as virus surge weighs on demand outlook By Ahmad Ghaddar3 Min Read LONDON (Reuters) - Oil prices fell by around 4% on Thursday, as surging coronavirus infections around the world threatened to jeopardise a recovery in fuel demand just as major oil producers are set to raise output. Pumpjacks are seen...
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Oil extends gains on rising Mideast tensions
Oil extends gains on rising Mideast tensions By Florence Tan2 Min Read SINGAPORE, Jan 6 (Reuters) - Oil prices added to recent gains on Monday, with Brent nearly at $70 a barrel as escalating tensions in the Middle East fanned worries about disruptions to supplies. Brent crude futures rose to a high of $69.95 a barrel ...
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Oil falls 1% as Russia needs time to mull more OPEC+ supply cuts
Oil falls 1% as Russia needs time to mull more OPEC+ supply cuts By Stephanie Kelly3 Min Read NEW YORK (Reuters) - Oil prices fell 1% on Friday as Russia said it needed more time before committing to output cuts sought by other large producers while the coronavirus outbreak fanned worries about global crude demand. FIL...
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Oil falls about 2.5% as U.S. Gulf production returns
Oil falls about 2.5% as U.S. Gulf production returns By Jessica Resnick-Ault4 Min Read NEW YORK (Reuters) - Oil fell about 2.5% a barrel on Thursday, weighed down by weakness in U.S. equities markets and an expectation that crude output would rise in the Gulf of Mexico following last week’s hurricane in the region. FIL...
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Oil futures edge up on talk of further OPEC+ supply curbs
Oil futures edge up on talk of further OPEC+ supply curbs By Scott DiSavino3 Min Read NEW YORK (Reuters) - Oil futures gained about 1% on Monday on hints the Organization of the Petroleum Exporting Countries (OPEC) and its allies may agree to deepen output cuts at a meeting this week and as rising manufacturing activit...
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https://www.reuters.com/article/global-oil/oil-gets-boost-as-new-saudi-minister-commits-to-output-cuts-idINKCN1VU1PN?edition-redirect=in
Oil gets boost as new Saudi minister commits to output cuts
Oil gets boost as new Saudi minister commits to output cuts By Stephanie Kelly3 Min Read NEW YORK (Reuters) - Oil prices rose about 2% on Monday after the new Saudi energy minister, Prince Abdulaziz bin Salman, confirmed expectations that he would stick with his country’s policy of limiting crude output to support pric...
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https://www.reuters.com/article/global-oil/oil-hits-3-month-highs-as-strong-us-consumer-spending-underpins-growth-hopes-idINL4N2902DX?edition-redirect=in
Oil hits 3-month highs as strong U.S. consumer spending underpins growth hopes
Oil hits 3-month highs as strong U.S. consumer spending underpins growth hopes By Reuters Staff2 Min Read TOKYO, Dec 27 (Reuters) - Oil prices rose on Friday, hitting three-month highs after data showed record online spending by U.S. consumers, stoking faith in the world’s no. 1 economy even before the hoped-for end to...
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Oil hovers near 3-month high on trade optimism, supply cuts
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Oil posts biggest yearly rise since 2016
Oil posts biggest yearly rise since 2016 By Stephanie Kelly4 Min Read NEW YORK (Reuters) - Oil prices fell 1% on Tuesday, the last trading day of the decade, but notched the biggest annual gain in three years, supported by a thaw in the prolonged U.S.-China trade war and ongoing supply cuts from major oil producers. FI...
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Oil prices dip as Mideast tensions ease; market eyes trade deal
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Oil falls on China-U.S. tensions, energy demand doubts
Oil falls on China-U.S. tensions, energy demand doubts By Stephanie Kelly3 Min Read NEW YORK (Reuters) - Oil prices tumbled about 2% on Friday on rising U.S.-China tensions and doubts about how quickly fuel demand would recover from the coronavirus crisis. FILE PHOTO: A general view shows the French oil giant Total Ref...
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Oil prices slip as surge in virus cases raises concerns about demand
Oil prices slip as surge in virus cases raises concerns about demand By Jessica Resnick-Ault3 Min Read NEW YORK (Reuters) - Oil prices slipped on Thursday as hopes for a vaccine were overshadowed by a surge in new cases of the coronavirus around the world, which raised concerns about the outlook for crude demand. The s...
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Oil rises but ends week lower on demand fears despite Mideast tensions
Oil rises but ends week lower on demand fears despite Mideast tensions By Scott DiSavino4 Min Read NEW YORK (Reuters) - Oil rose about 1% on Friday after attacks on two oil tankers in the Gulf of Oman this week raised concerns about potential supply disruptions, but prices remained on track for a weekly loss on fears t...
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https://www.reuters.com/article/global-oil/oil-prices-edge-down-but-set-for-biggest-yearly-rise-since-2016-idINL4N29504N?edition-redirect=in
Oil prices edge down but set for biggest yearly rise since 2016
Oil prices edge down but set for biggest yearly rise since 2016 By Jane Chung3 Min Read * Brent, WTI futures each down 0.2% * Benchmarks on track for biggest annual gain in 3 years * U.S. crude stocks fell about 3.2 mln bbls last week -poll SEOUL, Dec 31 (Reuters) - Oil prices edged lower on the final day of the year o...
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Oil prices settle up over 2% on COVID-19 vaccine news
Oil prices settle up over 2% on COVID-19 vaccine news By Laura Sanicola3 Min Read NEW YORK (Reuters) - Oil prices settled up more than 2% on Monday, extending last week’s gains as the latest report of encouraging coronavirus vaccine trials had traders anticipating a recovery in demand. FILE PHOTO: A crude oil tanker is...
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Oil prices fall further as threat of Middle East war recedes
Oil prices fall further as threat of Middle East war recedes By Reuters Staff1 Min Read TOKYO, Jan 10 (Reuters) - Oil prices dropped on Friday extending days of losses as the threat of war in the Middle East, a major oil producing region, receded and investors switched their attention to economic growth prospects and d...
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Oil steadies, settling up slightly after volatile session
Oil steadies, settling up slightly after volatile session By Jessica Resnick-Ault4 Min Read NEW YORK (Reuters) - Crude futures steadied late in the session on Friday, following the stock market slightly higher after earlier swinging lower on a weakening oil demand outlook. FILE PHOTO: Pump jacks operate at sunset in an...
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Oil prices hold near 3-month highs on U.S.-China trade deal progress
Oil prices hold near 3-month highs on U.S.-China trade deal progress By Jane Chung3 Min Read * Brent, WTI hover near highest levels since mid-September * Both benchmarks heading for third consecutive weekly rise * Thaw in U.S.-China trade tensions boosts oil demand prospects * U.S. crude inventories fell 1.1 mln bbls l...
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Oil prices jump $1 after U.S air strike kills Iran, Iraq military personnel
Oil prices jump $1 after U.S air strike kills Iran, Iraq military personnel By Seng Li Peng1 Min Read SINGAPORE, Jan 3 (Reuters) - Oil prices jumped more than $1 on Friday after a U.S. air strike killed key Iranian and Iraqi military personnel, raising concerns that escalating Middle East tensions may disrupt oil suppl...
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Oil prices slip on concerns U.S.-China trade deal may not boost demand
Oil prices slip on concerns U.S.-China trade deal may not boost demand By Jessica Jaganathan3 Min Read * U.S. to keep tariffs on Chinese goods until Phase 2 deal-Mnuchin * Signing of U.S.-China phase 1 deal expected at 1630 GMT * U.S. output to rise in 2020 more than previously expected -EIA * Coming up: EIA inventory ...
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Oil rises 1% as markets await Trump to shed light on trade talks
Oil rises 1% as markets await Trump to shed light on trade talks By Devika Krishna Kumar3 Min Read NEW YORK (Reuters) - Oil rose about 1% on Tuesday as markets from stocks to bonds to commodities were supported by hopes that U.S. President Donald Trump may signal progress on trade talks with China. FILE PHOTO: A crude...
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Brent touches $45/bbl on vaccine hopes and U.S. crude drawdown
Brent touches $45/bbl on vaccine hopes and U.S. crude drawdown By Jessica Resnick-Ault3 Min Read NEW YORK (Reuters) - Global oil benchmark Brent rose on Wednesday, briefly touching a more than two-month high above $45 a barrel on hopes of a COVID-19 vaccine that could boost demand and later pulling back as concerns abo...
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Oil rises, supported by trade deal, OPEC cuts
Oil rises, supported by trade deal, OPEC cuts By Reuters Staff2 Min Read TOKYO, Dec 26 (Reuters) - Oil prices rose on Thursday, buoyed by a potential breakthrough in the Sino-U.S. trade war and OPEC-led efforts to constrain supply, although trading was quiet as many markets were in holiday mode. Brent crude was up 16 c...
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Oil surges after Iran attacks U.S. forces in Iraq, WTI at around $65
Oil surges after Iran attacks U.S. forces in Iraq, WTI at around $65 By Reuters Staff2 Min Read TOKYO, Jan 8 (Reuters) - Oil rose sharply, with U.S. crude rising nearly $3, on Wednesday after the U.S. said its forces in Iraq were attacked by Iranian ballistic missiles, raising the prospect of a regional conflagration t...
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Oil surges more than 13% on hopes of output deal
Oil surges more than 13% on hopes of output deal By Jessica Resnick-Ault4 Min Read NEW YORK (Reuters) - Crude futures surged for a second day on Friday, with both U.S. and Brent contracts posting their largest weekly percentage gains on record due to hopes that a global deal to cut crude supply worldwide will emerge ea...
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U.S. oil drops as pandemic rages while presidential vote counting continues
U.S. oil drops as pandemic rages while presidential vote counting continues By Reuters Staff3 Min Read TOKYO, Nov 6 (Reuters) - U.S. oil fell nearly 1% on Friday as new lockdowns went into affect in Europe raising questions over the outlook for demand for crude, while ballots were still being counted in the U.S. electi...
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Oil rallies past 8-month high on U.S. crude inventory draw, vaccine hopes
Oil rallies past 8-month high on U.S. crude inventory draw, vaccine hopes By Devika Krishna Kumar3 Min Read NEW YORK (Reuters) - Oil prices climbed nearly 2% to their highest in more than eight months on Wednesday, as data showing a surprise drop in weekly U.S. crude inventories extended a rally driven by hopes that a...
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Gold above $1,300/oz on U.S. election fears, Fed holds rates
Gold above $1,300/oz on U.S. election fears, Fed holds rates By Marcy Nicholson, Jan Harvey3 Min Read NEW YORK/LONDON (Reuters) - Gold rallied to a one-month high on Wednesday, as uncertainty over the outcome of the U.S. election knocked stocks and the dollar lower, but bullion pared gains slightly after the Federal Re...
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Gold edges higher on U.S. election nerves
Gold edges higher on U.S. election nerves By Marcy Nicholson, Clara Denina3 Min Read NEW YORK/LONDON (Reuters) - Gold edged higher on Thursday in response to a lower dollar and also uncertainty about the outcome of a tight U.S. presidential race. A sales person shows a gold ring to customers at a jewellery showroom dur...
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Gold at 1-month low as dollar climbs, Fed holds rates
Gold at 1-month low as dollar climbs, Fed holds rates By Marcy Nicholson, Zandi Shabalala3 Min Read NEW YORK/LONDON (Reuters) - Gold fell to a one-month low as the dollar firmed on Wednesday, after the U.S. Federal Reserve kept interest rates unchanged as expected and the market reduced expectations of a surprise win b...
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Gold eases, holds above 8-week low as Trump dents risk appetite
Gold eases, holds above 8-week low as Trump dents risk appetite By Marcy Nicholson, Jan Harvey3 Min Read NEW YORK/LONDON (Reuters) - Gold turned lower but held above the previous day’s eight-week low on Wednesday as U.S. President Trump’s abrupt firing of FBI chief James Comey weighed on U.S. stocks, though gains were ...
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Gold dips as trade deal hopes boost Wall Street to record
Gold dips as trade deal hopes boost Wall Street to record By Karthika Suresh Namboothiri3 Min Read (Reuters) - Gold fell on Wednesday as equities climbed to record levels bolstered by hopes that the United States and China were close to signing an initial trade deal. A gold bar is pictured in the safe deposit boxes roo...
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Gold gains as virus-led economic concerns boost safety buying
Gold gains as virus-led economic concerns boost safety buying By Sumita Layek3 Min Read (Reuters) - Gold prices firmed on Wednesday as investors sought safe-haven assets after sombre U.S. economic data exacerbated fears of an economic downturn amid increasing global restrictions and lockdowns to combat the coronavirus ...
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Gold rebounds as Trump threatens new tariffs on China
Gold rebounds as Trump threatens new tariffs on China By Eileen Soreng3 Min Read (Reuters) - Gold shook off initial losses to post modest gains in volatile trade on Friday as risk sentiment soured on U.S. President Donald Trump’s threat to impose new tariffs on China, but bullion was still on track for its worst week s...
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Gold dips to two-week low on recovery hopes
Gold dips to two-week low on recovery hopes By Brijesh Patel2 Min Read (Reuters) - Gold dropped to its lowest in two-weeks on Wednesday as hopes of quick economic recovery drove investors towards riskier assets, although U.S.-China tensions over Hong Kong put a floor under bullion prices. FILE PHOTO: A Saudi jeweller w...
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Gold slips on strong dollar, U.S. stimulus doubts
Gold slips on strong dollar, U.S. stimulus doubts By Eileen Soreng2 Min Read (Reuters) - Gold fell below the key psychological level of $1,900 on Monday to its lowest in more than a week, pressured by a firmer dollar and stalled progress in talks for a new U.S. coronavirus aid package. FILE PHOTO: A gold bar is pictur...
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Gold falls to one-month low as dollar extends rally
Gold falls to one-month low as dollar extends rally By Brijesh Patel2 Min Read (Reuters) - Gold prices dropped to one-month lows on Thursday, hurt by a stronger dollar and lack of clarity on a U.S. stimulus agreement, while concerns over a spike in COVID-19 cases and uncertainty ahead of U.S. elections limited losses. ...
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https://www.reuters.com/article/global-precious-idINKBN27P1NB?edition-redirect=in
Gold rises over 1% on stimulus bets and economic woes
Gold rises over 1% on stimulus bets and economic woes By Brijesh Patel2 Min Read (Reuters) - Gold regained some lost ground on Tuesday after a sharp fall in the previous session as concerns over global economic recovery and expectations of further fiscal and monetary stimulus offered support to the safe-haven metal. FI...