OPEC set for oil cut extension if Iran endorses pact
VIENNA (Reuters) – OPEC and its allies look set to extend oil supply cuts next week at least until the end of 2019 as Iraq joined top producers Saudi Arabia…
Oil prices fall, but post weekly gain ahead of G20 talks, OPEC
NEW YORK (Reuters) – Oil prices fell on Friday but posted their second straight week of gains ahead of trade talks between the U.S. and Chinese presidents this weekend, and…
Oil prices mixed ahead of U.S. crude stock data
HOUSTON (Reuters) – Oil prices were mixed on Tuesday ahead of data expected to show U.S. crude stocks declining, outweighing investors’ concerns that U.S.-China trade tensions could dampen fuel demand.…
Oil prices climb amid fall in U.S. stockpiles, Middle East worries
A pumpjack is seen at sunset outside Scheibenhard, near Strasbourg, France, October 6, 2017. REUTERS/Christian Hartmann SYDNEY (Reuters) – Oil prices rose over 1% on Wednesday to hit their highest…
Exclusive: Dirty oil crisis over for Russia, but contagion felt on high seas
MOSCOW/LONDON (Reuters) – In the opinion of Russian officials, the oil contamination crisis that disrupted flows from the world’s second-largest exporter of crude this spring is long over. FILE PHOTO:…
Exclusive: Exxon’s $53 billion Iraq deal hit by contract snags, Iran tensions – sources
BASRA, Iraq/BAGHDAD (Reuters) – Just weeks ago, U.S. energy giant ExxonMobil looked poised to move ahead with a $53 billion project to boost Iraq’s oil output at its southern fields,…
Oil prices fall 1% as economic worries outweigh tanker tensions
NEW YORK (Reuters) – Oil prices fell more than 1% on Monday after more poor Chinese economic figures fanned fears of lower worldwide oil demand. FILE PHOTO: An oil rig…
Oil plummets, on track for biggest weekly drop in 2019
NEW YORK (Reuters) – Oil prices plunged on Thursday, losing about 5% as trade tensions dampened the demand outlook, putting the crude benchmarks on course for their biggest daily and…
Oil extends gains into fourth straight day on Middle East tensions
FILE PHOTO: A view shows a well head and a drilling rig in the Yarakta Oil Field, owned by Irkutsk Oil Company (INK), in Irkutsk Region, Russia March 11, 2019.…
Oil prices jump nearly 2% on drone attack on Saudi Aramco facilities
NEW YORK (Reuters) – Oil prices rose nearly 2% on Tuesday after top exporter Saudi Arabia said explosive-laden drones launched by a Yemeni-armed movement aligned to Iran had attacked facilities…