VIENNA (Bloomberg) - Saudi Arabia, the dominant force in OPEC, is using both carrot and stick to talk other members of the oil cartel into defending prices at Thursdays ministerial meeting. Saudi Oil Minister Prince Abdulaziz bin Salman, in......【More】
2019-12-09SINGAPORE (Bloomberg) - Oil held its biggest surge in more than two months as OPEC ministers gather in Vienna do discuss output cuts. Futures were little changed in New York after jumping 4.2% on Wednesday, the biggest gain since the attack......【More】
2019-12-06NEW YORK (Bloomberg) - Oil rose as the U.S. and China moved closer to a trade deal and before the OPEC+ alliance meets later this week to consider extending its output-cut policy. Futures advanced as much as 2.8% in New York. The U.S. and C......【More】
2019-12-05NEW YORK (Bloomberg) - Oil rose for a second day as investors focused on the upcoming OPEC+ meeting that could lead to deeper supply cuts by some of the worlds biggest crude producers. Futures edged higher in New York on Tuesday to the high......【More】
2019-12-04ABERDEEN - Almost 40% of North Sea operators and contractors are concerned about diversification and energy transition with around half (49%) working to reduce their carbon footprints or develop low carbon solutions, according to an industr......【More】
2019-12-03NEW YORK (Bloomberg) - Oil advanced, shedding earlier losses, amid growing optimism about prospects for a settlement in the long-running U.S.-China trade war. Futures rose 0.4% in New York on Monday. In a bid to address a key sticking point......【More】
2019-11-28SINGAPORE (Bloomberg) - Oil rose for a second day after an industry report pointed to a drop in U.S. inventories, and as OPEC said it sees potential for a sharp slowdown in American shale output next year. Futures added 1.1% in New York. Ex......【More】
2019-11-15DUBAI (Bloomberg) - Global oil demand may peak within the next 20 years, according to an assessment included in the prospectus for Saudi Aramcos initial public offering, suggesting views are slowly changing in the kingdom where officials lo......【More】
2019-11-12NEW YORK (Bloomberg) - Oil rose to a six-week high on mounting signs that a resolution to the U.S.-China trade dispute is imminent. Futures advanced as much as 1.8% on Monday in New York. Chinese government officials are considering locatio......【More】
2019-11-06CALGARY (Bloomberg) - Oil posted the biggest weekly gain in more than a month as supplies tightened and the White House signaled progress on U.S.-China trade talks. Futures in New York rose for a fourth day. U.S. crude stockpiles fell for t......【More】
2019-10-28