CALGARY (Bloomberg) - Oil short-selling has more than doubled in three weeks, with attacks on oil facilities and tankers unable to push prices higher for very long. Hedge fund bets on a West Texas Intermediate crude rout jumped 47% in the w......【More】
2019-10-15DUBAI (Bloomberg) - The Middle East produces a fifth of the worlds oil, but the regions never had a benchmark price that competes with Londons Brent or New Yorks WTI. That could be about to change. One of the Persian Gulfs biggest producers......【More】
2019-10-14SINGAPORE (Bloomberg) - Oil jumped back above $60/bbl after reports of a missile strike on an Iranian tanker near the Saudi Arabian port city of Jeddah reignited fears over military escalation in the worlds most important crude-producing re......【More】
2019-10-12SINGAPORE (Bloomberg) - Oil gained after its biggest weekly slump since July ahead of the resumption of U.S.-China trade talks that may sway a cloudy demand outlook. Futures in New York added as much as 1.7% after losing 5.5% last week. Chi......【More】
2019-10-08MEXICO CITY (Bloomberg) Pemexs head of crude oil trading Victor Briones and two other executives left the company amid a conflict over an external review of the nations crude price formulas, people familiar with the matter said. Briones, wh......【More】
2019-09-29NEW YORK (Bloomberg) - Oil held declines after the U.S. government reported a build in nationwide crude inventories for the second consecutive week. The Energy Information Administration said crude supplies rose 2.41 MMbbl last week. At the......【More】
2019-09-26NEW YORK (Bloomberg) - Oil stabilized as traders weighed conflicting reports on how quickly Saudi Arabia will be able to restore its lost production. Brent crude was little changed, after falling as much as 1.2%. Saudi Arabia, which has rei......【More】
2019-09-24LONDON (Bloomberg) - Oil rose amid doubts about the speed of Saudi Arabias recovery from the weekends attack on its facilities that knocked out a large chunk of its production. Futures gained 2.1% in New York after paring around half of Mon......【More】
2019-09-20DUBAI (Bloomberg) - Saudi Arabia reassured anxious customers that crude exports will keep flowing as normal and its industry can recover quickly from the worst attack in its history. Crude prices fell after Tuesdays long-awaited statement f......【More】
2019-09-19DUBAI (Bloomberg) - Saudi Arabia attempted to move beyond the worst oil disruption in its history, assuring the world that crude exports will not suffer, its damaged facility had partially restarted and production capacity would be back to......【More】
2019-09-18