Oil prices fall as coronavirus case surge heightens demand fears
MELBOURNE/SINGAPORE (Reuters) – Oil prices slipped on Thursday on concerns that a spike in new coronavirus cases in China and…
Oil prices ease as coronavirus infections rise
TOKYO (Reuters) – Oil prices dipped on Tuesday on jitters that a rise in coronavirus infections around the world could…
Oil prices rise 2% on optimism around OPEC+ output pact
NEW YORK (Reuters) – Oil prices rose more than 2% on Monday as signs that fuel demand was recovering, while…
Oil rises as traders await OPEC+ meeting on extending supply cuts
SEOUL (Reuters) – Oil prices moved higher on Friday as traders await cues from a meeting that could take place…
Oil up on lower U.S. stocks, firmer demand
LONDON (Reuters) – Oil prices firmed on Wednesday on signs of improving demand and a drawdown in U.S. crude inventories,…
Green hydrogen’s time has come, say advocates eying post-pandemic world
LONDON (Reuters) – Hydrogen has long been touted as a clean alternative to fossil fuels. Now, as major economies prepare…
Bankruptcy looms over U.S. energy industry, from oil fields to pipelines
NEW YORK (Reuters) – U.S. shale producers, refiners and pipeline companies are scrambling for cash and face likely restructuring as…
Crude oil futures drop at open of Asian trading
FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada on July 21, 2014. REUTERS/Todd…
China crude oil runs hit 15-month low as virus cripples demand
BEIJING/SINGAPORE (Reuters) – China’s daily crude oil throughput in March sank to a 15-month low with state refiners maintaining deep…
Russia’s Putin, Saudi crown prince discuss OPEC+: Kremlin
MOSCOW (Reuters) – Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman discussed a planned OPEC+ reduction of…
Trump agrees to help Mexico meet global oil cut target
WASHINGTON/MEXICO CITY (Reuters) – U.S. President Donald Trump said on Friday he would help Mexico contribute to global oil output…
Saudi, others resist Mexican plan to make small oil output cuts – sources
DUBAI (Reuters) – Saudi Arabia and other oil producers in the OPEC+ group pushed back on Friday on a Mexican…
Saudi crown prince, Russia’s Putin discuss efforts to stabilize oil markets: SPA
CAIRO (Reuters) – Saudi Arabia’s Crown Prince and Russian President Vladimir Putin reviewed in a telephone conversation on Friday the…
Saudi-Mexican clash halts record oil cut deal despite Trump pressure
MOSCOW/LONDON/DUBAI (Reuters) – Top oil nations struggled to finalise record output cuts at G20 talks on Friday to boost prices…
Mnuchin says U.S. coronavirus aid bill cost should be significant, not huge
FILE PHOTO: U.S. Treasury Secretary Steven Mnuchin testifies before the Senate Finance Committee during a hearing on Capitol Hill in…
Oil slides 4% on demand concerns as coronavirus spreads
LONDON (Reuters) – Oil prices slumped by 4% on Monday as the rapid spread of the coronavirus in countries outside…
Oil edges up as output cut hopes offset coronavirus concern
NEW YORK/LONDON (Reuters) – Oil prices inched up on Monday as concerns over the economic fallout from the coronavirus outbreak…
BlackRock, partners eye initial $500 million for climate fund
LONDON (Reuters) – A BlackRock-backed (BLK.N) group aims to raise an initial $500 million for a private equity fund that…
Oil steadies as Chinese economy offsets trade optimism
NEW YORK (Reuters) – Oil prices steadied on Friday as sluggish economic growth in China, the world’s biggest crude importer,…
U.S., China reset trade relationship with Phase 1 agreement
WASHINGTON (Reuters) – The United States and China announced an initial trade deal on Wednesday that will roll back some…
Stocks open lower at beginning of a holiday-shortened week
Stocks are heading lower in early trading on Wall Street Monday, led by declines in technology and communication services companies…
U.S.-China trade deal cuts tariffs for Beijing promise of big farm purchases
WASHINGTON/BEIJING (Reuters) – The United States and China cooled their trade war on Friday, announcing a “Phase one” agreement that…
Saudi Aramco tops Crown Prince’s $2 trillion goal as shares surge
DUBAI/RIYADH (Reuters) – Saudi Aramco (2222.SE) topped the $2 trillion target sought by Saudi leader Crown Prince Mohammed bin Salman…
China’s November coal imports slump 19% month-on-month on port curbs
FILE PHOTO: Trucks are parked next to a pile of coal on the bank of the Yalu River in Sinuiju,…
China November crude oil imports hit record high as refiners race to use up quotas
BEIJING (Reuters) – China’s crude oil imports hit a record high on a daily basis in November, as refiners operated…
Saudi, Russia push through deeper new oil cuts
(Reuters) – Saudi Arabia and Russia spearheaded a deal on Friday in which OPEC and its allies committed to some…
Saudi Aramco shares priced at top of range in world’s biggest IPO
FILE PHOTO: A sign of Saudi Aramco’s initial public offering (IPO) is seen during a news conference by the state…
Saudi Aramco says IPO priced at top to make it world’s biggest IPO
RIYADH/DUBAI (Reuters) – State-owned oil giant Saudi Aramco has priced its initial public offering (IPO) at the top of its…
Trump upbeat on U.S.-China talks as Beijing underscores tariff-cut demands
WASHINGTON/BEIJING (Reuters) – U.S.-China trade talks are “moving right along,” President Donald Trump said on Thursday, striking an upbeat tone…
Saudi Aramco prices shares at top of range in world’s biggest IPO
DUBAI/RIYADH Reuters) – State-owned oil giant Saudi Aramco’s initial public offering (IPO) will be the biggest in history, but will…
Oil prices steady amid hopes for U.S.-China trade deal
FILE PHOTO: Oil pump jacks at sunset near Midland, Texas, U.S., August 21, 2019. REUTERS/Jessica Lutz/File Photo TOKYO (Reuters) –…
Saudi Aramco markets IPO in Dubai after approaching Kuwait fund
DUBAI (Reuters) – Saudi Aramco met investors in Dubai on Sunday to market its initial public offering (IPO), after trying…
China attacks U.S. at G20 as the world’s biggest source of instability
BEIJING (Reuters) – The United States is the world’s biggest source of instability and its politicians are going around the…
China pushing Trump to remove more tariffs ahead of trade deal: media
FILE PHOTO: Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks…
Encana plans move to the U.S., changes name
FILE PHOTO: Encana offices is pictured in Parachute, Colorado, U.S. on December 10, 2014. REUTERS/Jim Urquhart/File Photo (Reuters) – Canadian…
Aramco IPO will come soon, Saudi crown prince to decide: energy minister
FILE PHOTO: The Saudi Aramco logo pictured at the company’s oil facility in Abqaiq, Saudi Arabia, October 12, 2019. REUTERS/Maxim…
U.S. Treasury temporarily blocks creditor seizure of refiner Citgo
CARACAS (Reuters) – The United States on Thursday temporarily blocked a creditor seizure of Citgo, a win for political leaders…
Oil rises on hopes OPEC will extend supply cuts, weaker U.S. dollar
HOUSTON (Reuters) – Oil rose on Wednesday, gaining support due to signs that OPEC and allied producers will continue to…
China criticizes new U.S. sanctions over Iranian oil deals
BEIJING/NEW YORK (Reuters) – China on Thursday criticized the United States for imposing new U.S. Secretary of State Mike Pompeo…
Saudi Arabia consults allies on oil attack, awaits result of investigation: official
UNITED NATIONS (Reuters) – Saudi Arabia is in consultation “with friends and allies about the next steps to take” after…
Saudi Arabia says consulting on next steps after attack, waiting for inquiry results
UNITED NATIONS (Reuters) – Saudi Arabia is in consultation “with friends and allies about the next steps to take” after…
Saudi crude loadings fall in September after attacks: trackers
LONDON (Reuters) – Saudi Arabia’s crude exports dropped steeply following the Sept. 14 attacks and remain lower month-on-month, according to…
Oil drops to lowest since Aramco attacks after Trump scolds China
HOUSTON (Reuters) – Oil prices plunged more than 2% on Tuesday to their lowest since the Sept. 14 attacks on…
Toxic chemical at PES refinery mostly cleared, aiding probe of June blaze
(Reuters) – Most of a highly toxic chemical stored at a fire-damaged Philadelphia oil refinery has been rendered inert, clearing…
Oil falls ahead of hurricane but posts weekly gain as U.S.-China trade war eases
NEW YORK (Reuters) – Oil futures fell on Friday, with U.S. crude down nearly 3% ahead of a hurricane near…
Exclusive: T. Rowe Price held talks with Guaido team on Venezuela PDVSA 2020 payment
CARACAS (Reuters) – T. Rowe Price has held informal talks with advisors of Venezuelan opposition leader Juan Guaido about financing…
Trump promises ethanol-related ‘giant package’ to please farmers
WASHINGTON/South Sioux City, NEBRASKA (Reuters) – President Donald Trump said on Thursday his administration is planning a “giant package” related…
Oil falls as trade war raises recession fears
TOKYO (Reuters) – Oil prices fell on Monday, pushing U.S. crude to its lowest in more than two weeks, as…
Britain’s Cuadrilla says ‘micro seismic event’ occurred at fracking site near Blackpool
FILE PHOTO: Cuadrilla’s Preston Road fracking site is seen near Blackpool, Britain, October 22, 2018. REUTERS/Hannah McKay/File Photo (Reuters) –…
No ready spark seen for lagging U.S. energy shares
NEW YORK (Reuters) – There may be little relief on the horizon for investors in U.S. energy companies, whose shares…
Oil spills into U.S.-China trade war, prices slump
NEW YORK (Reuters) – China said on Friday it would impose tariffs on U.S. crude oil imports for the first…
Trump heaps another 5% tariff on Chinese goods in latest tit-for-tat escalation
WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump on Friday lashed back at a new round of Chinese tariffs by heaping…
Oil prices climb after Saudi oilfield attack, but recession worries drag
SINGAPORE (Reuters) – Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni…
Oil rises alongside equities, but downbeat OPEC outlook caps gains
NEW YORK (Reuters) – Oil prices on Friday rebounded from a two-day drop, alongside equities as expectations of further stimulus…
Oil slumps more than 4% on weak global economic data, U.S. crude build
NEW YORK (Reuters) – Oil prices sank more than 4% on Wednesday after global demand fears were revived by weak…
Oil rises on European stock draw despite demand slowdown forecast
NEW YORK (Reuters) – Oil prices rose more than $1 a barrel on Friday, supported by a drop in European…
CNOOC halts field work at western Uganda project over Ebola fears
KAMPALA (Reuters) – Oil producer China National Offshore Oil Corp said on Thursday it had halted field work at its…
Oil rises near $64/bbl on second downed Iranian drone
HOUSTON (Reuters) – Oil rose to almost $64 on Tuesday, jumping late in the session after the head of U.S.…
Coal miners to urge Congress to protect their black lung benefits
WASHINGTON (Reuters) – Around 120 coal miners with black lung disease were due in Washington on Tuesday hoping to pressure…