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 official said the kingdom plans to cut oil exports in…
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. FILE PHOTO: Drilling rigs are parked up in the Cromarty…
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 global demand for oil this year but that it would…
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 with Italy’s Enel SpA, the latest deal GE CEO Lawrence…
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 million barrels per day (bpd), undermining efforts by Middle East…
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 Iran and Venezuela, but capped by soaring U.S. production and…
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 cut supply in January and as U.S. sanctions hit Venezuela’s…
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 surging U.S. production and concerns over economic growth kept markets…
World shares hit two-month high, dollar firms as Trump speech nears
NEW YORK (Reuters) – World stocks rose to a fresh two-month high on Tuesday to keep up their fast start to 2019 while the U.S. dollar strengthened for a fourth…
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 a month due after an increase in U.S. crude drilling…