Global stocks drop on fears of expanding trade war
NEW YORK (Reuters) – Global equities tumbled and safe-haven sovereign bonds surged Friday after U.S. President Donald Trump’s unexpected threat…
Exxon shareholders reject resolutions on climate and separating CEO: chairman
DALLAS (Reuters) – Exxon Mobil Corp shareholders on Wednesday rejected a proposal to split the chief executive officer and board…
From Paris to Omaha: How Occidental CEO out-maneuvered Chevron in Anadarko bid
NEW YORK (Reuters) – Occidental Petroleum chief executive Vicki Hollub was caught off guard when U.S. oil giant Chevron swooped…
Anadarko backs Occidental’s revised bid, pressuring Chevron to respond
HOUSTON (Reuters) – Anadarko Petroleum Corp’s board on Monday backed a $38 billion bid from Occidental Petroleum Corp, adding pressure…
Wall Street Weekahead: Record-breaking rally leaving energy stocks behind
NEW YORK (Reuters) – The stock market surge since the start of the year that has sent the benchmark S&P…
Exclusive: Spain’s Repsol suspended swap deal for Venezuelan oil under U.S. pressure
HOUSTON/MEXICO CITY (Reuters) – Spain’s Repsol suspended its swaps of refining products for crude with Venezuela’s state-run oil company PDVSA,…
Demand for Aramco’s bond ‘north of’ $30 billion, says Saudi energy minister
FILE PHOTO: An Aramco employee walks near an oil tank at Saudi Aramco’s Ras Tanura oil refinery and oil terminal…
Petrobras agrees to sell pipeline unit to Engie for $8.6 billion
SAO PAULO/RIO DE JANEIRO (Reuters) – A consortium led by France’s Engie SA submitted the highest offer for a major…
Factbox: Who are PG&E's new directors?
PG&E Corp on Wednesday appointed Tennessee Valley Authority Chief Executive Officer William Johnson as its CEO and added 10 members…
Oil up as OPEC-led supply cuts support, Cushing draws down
NEW YORK (Reuters) – Oil prices edged up on Monday, supported by the prospect of prolonged OPEC-led oil supply curbs…
Oil edges higher on cuts to Saudi exports
NEW YORK (Reuters) – Oil prices edged higher on Tuesday, supported by signs of tightening global supply after a Saudi…
Oil prices rise amid broad market rally, OPEC supply cuts
SINGAPORE (Reuters) – Oil prices rose on Tuesday, lifted by healthy demand and output cuts led by producer group OPEC.…
Exclusive: Saudi’s Falih – U.S., China driving oil demand; no April OPEC policy change
NEW DELHI (Reuters) – Saudi oil minister Khalid al-Falih said on Sunday that China and the U.S. would lead healthy…
GE explores stake sale in Enel renewables joint venture: sources
(Reuters) – General Electric Co is exploring a sale of its 50 percent stake in a renewable energy joint venture…
Oil prices dip as U.S. crude output hits record 12 million barrels per day
SINGAPORE (Reuters) – Oil prices fell on Friday after the United States reported its crude output hit a record 12…
Oil near 2019 highs amid OPEC supply cuts, but rising U.S. output weighs
SINGAPORE (Reuters) – Oil prices hovered near 2019 highs on Wednesday, supported by OPEC-led supply cuts and U.S. sanctions on…
Oil prices rise 1 percent amid OPEC supply cuts, U.S. sanctions on Venezuela
SINGAPORE (Reuters) – Oil prices rose by around 1 percent on Wednesday as producer club OPEC said it had deeply…
Oil rises on OPEC cuts, U.S. sanctions on Iran and Venezuela
SINGAPORE (Reuters) – Oil prices rose on Tuesday amid OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, although…
Oil tumbles 4 percent on growing U.S. supply, China trade worries
NEW YORK (Reuters) – Oil fell more than 3 percent on Monday, heading for its biggest one-day percentage drop in…
U.S. crude oil exports surge to record 3.2 million bpd last week: EIA
NEW YORK (Reuters) – U.S. crude oil exports surged to 3.2 million barrels per day (bpd) last week, the highest…
In major shift, U.S. now exports more oil than it ships in
(Reuters) – The United States last week exported more crude oil and fuel than it imported for the first time…
Oil near four-year high as Washington’s Iran sanctions loom
SINGAPORE (Reuters) – Oil markets were firm on Tuesday, with Brent crude holding near four-year highs reached the previous day…
Iran says Saudi Arabia and Russia have taken oil market ‘hostage’: SHANA
LONDON (Reuters) – Iran’s OPEC governor said on Saturday that Saudi Arabia and Russia have taken the oil market “hostage”…
Oil mixed as China tariff talk scotches early rally
NEW YORK (Reuters) – Oil prices pulled back on Friday on concerns additional U.S. tariffs would be placed on Chinese…
Oil prices rise on declining U.S. crude stockpiles, looming Iran sanctions
SINGAPORE (Reuters) – Oil prices rose on Wednesday following a report of declines in U.S. crude inventories and as looming…
Fuel shippers ask FERC to expedite hearing on Colonial Pipeline rates
(Reuters) – Chevron Corp (CVX.N), Valero Energy Corp (VLO.N) and Delta Air Lines Inc (DAL.N) have urged U.S. regulators to…
Oil up as U.S. drilling stalls, Iranian sanctions bite
LONDON (Reuters) – Oil prices rose on Monday as U.S. drilling stalled and investors anticipated lower supply once new U.S.…
Oil climbs as U.S. drilling stalls, Washington sanctions against Iran loom
SINGAPORE (Reuters) – Oil prices rose on Monday as U.S. drilling for new production stalled and as the market eyed…
U.S. oil prices rise as Gulf oil rigs evacuated ahead of hurricane
SINGAPORE (Reuters) – U.S. oil prices rose on Tuesday, breaking past $70 per barrel, after two Gulf of Mexico oil…
Oil prices higher as U.S. sanctions limit Iran exports
LONDON (Reuters) – Oil prices rose on Monday, supported by concerns that falling Iranian output will tighten markets once U.S.…
Oil falls on rising output from OPEC and United States
SINGAPORE (Reuters) – Oil prices fell on Monday amid rising supply from OPEC and the United States, outweighing concerns that…
Mexico, U.S. likely ‘hours’ away from NAFTA agreement -minister
WASHINGTON (Reuters) – U.S. and Mexican trade negotiators are “hours” away from squaring away bilateral differences on the North American…
Iran says it is seeking solution to sell oil and transfer revenues: IRNA
LONDON (Reuters) – Iran’s vice president said on Sunday the government was seeking solutions to sell oil and transfer its…
Iran says no OPEC member can take over its share of oil exports
LONDON (Reuters) – Iran told OPEC on Sunday no member country should be allowed to take over another member’s share…
China finds second African swine fever case at WH Group plant
BEIJING (Reuters) – China found its second case of African swine fever (ASF) on Thursday at a slaughterhouse owned by…
China’s CNPC takes over Total’s share in big Iran gas project: Iranian agency
DUBAI (Reuters) – China’s state-owned energy major CNPC has taken over the share in Iran’s multi-billion dollar South Pars gas…
Oil falls as Saudi output rises to compensate for disruptions
SINGAPORE (Reuters) – Oil prices fell by more than one percent on Monday as investors eyed rising supplies in Saudi…
Trump says OPEC manipulating oil market, warns Europe on Iran
WASHINGTON (Reuters) – President Donald Trump accused OPEC of manipulating world oil markets and warned it to stop, while also…
Saudi king said will boost oil output if needed: White House
WASHINGTON/RIYADH (Reuters) – The leader of Saudi Arabia promised President Donald Trump that he can raise oil production if needed…
Trump says Saudi king agreed to raise oil output by up to 2 million barrels
WASHINGTON/RIYADH (Reuters) – U.S. President Donald Trump said on Saturday that Saudi Arabia’s King Salman had agreed to his request…
Talks end with China warning trade benefits at risk if U.S. imposes tariffs
BEIJING (Reuters) – China warned the United States on Sunday that any agreements reached on trade and business between the…
Trump administration mulls new plan to help ailing coal, nuke plants
(Reuters) – Trump administration officials are considering requiring grid operators to buy electricity from ailing nuclear and coal-fired power plants…
Oil falls as OPEC, Russia look to raise output amid U.S. surge
SINGAPORE (Reuters) – Oil prices fell on Monday, extending even steeper declines from Friday, as Saudi Arabia and Russia said…
Oil prices fall as top three producers look to boost supplies
SINGAPORE (Reuters) – Oil prices fell on Monday, extending a steep decline in the previous session, as the market eyed…
Oil prices firm on OPEC cuts, strong demand and looming Iran sanctions
SINGAPORE (Reuters) – Oil prices held firm on Friday on strong demand, ongoing supply cuts led by producer cartel OPEC…
Oil cautious on rise in U.S. drilling, Iran sanctions opposition
SINGAPORE (Reuters) – Oil prices edged lower on Monday as a relentless rise in U.S. drilling activity points to increased…
Exclusive: North Korean traders offering cheap coal on hopes sanctions will ease – Chinese traders
BEIJING (Reuters) – Some North Korean traders are offering cheap coal to Chinese buyers who are stockpiling it at ports…
U.S. East Coast refiners look to Texas crude for discounted oil
NEW YORK (Reuters) – U.S. East Coast refiners are shipping more shale oil from the Gulf Coast thanks to heavy…
Buffett craves more Apple shares, endorses its buybacks
OMAHA, Neb. (Reuters) – Billionaire Warren Buffett has been buying a boatload of Apple Inc shares and on Saturday suggested…
Buffett says U.S., China will avoid acting ‘extremely foolish’ on trade
OMAHA, Neb. (Reuters) – Billionaire Warren Buffett on Saturday said it is unlikely that the United States and China will…
Exclusive: U.S. EPA grants biofuels waiver to billionaire Icahn’s oil refinery – sources
NEW YORK (Reuters) – The U.S. Environmental Protection Agency has granted a financial hardship waiver to an oil refinery owned…
Saudi Aramco appoints first woman to the board
DUBAI (Reuters) – State run Saudi Aramco, the world’s top oil company, said on Sunday it has appointed five new…
Trump rails against high oil prices, OPEC pushes back
WASHINGTON/JEDDAH, Saudi Arabia (Reuters) – U.S. President Donald Trump accused OPEC on Friday of “artificially” boosting oil prices, drawing rebukes…
Akzo Nobel reshapes business with 10 billion euro sale
AMSTERDAM (Reuters) – Akzo Nobel will sell its chemicals business in a 10.1 billion euro ($12.6 billion) deal to buyers…