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ReutersOil stable on strong China data, but rising US output caps gainsReutersWednesday's tepid support came from China, which reported January-February domestic oil production down by 1.9 percent on the year to 30.37 million tonnes, equivalent to 3.77
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ReutersOil prices stable after two-day decline, but rising US output dragsReuters“The ever-expanding U.S. supply continues to pose significant downside risk to oil prices,” said Stephen Innes, head of trading for Asia/Pacific at futures brokerage OANDA in
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Oil jumps after Trump fires Tillerson, putting Iran in focusReuters“It may impact oil companies' appetite for investment, so (Iran) might not cut production but it might go some way towards dampening their ability to maintain, let alone increase, produ
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ReutersOil eases as rising US output puts pressure on pricesReuters“Crude oil futures are still stuck in a triangle, not able yet to show a convincing trend either way,” Petromatrix analyst Olivier Jakob said. “The price momentum is low and waiting for som
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ReutersOil rescued from price lows by Libyan supply disruptionReuters“Libyan oil loadings have been suspended, that's why the market is rallying at the moment,” PVM Oil Associates analyst Tamas Varga said. “Meanwhile, the EIA confirmed, or possibly mad
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ReutersOil prices fall on relentless rise in US crude outputReuters“Oil prices fell on the back of concerns that surging U.S. production ... could push inventories in the U.S. higher,” ANZ bank said on Tuesday. U.S. crude oil production C-OUT-T-EIA soared
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Channel NewsAsiaOil prices dip on relentless rise in US crude outputReutersScaring off traders betting on further price increases has been a relentless rise in U.S. crude oil production, which soared past 10 million barrels per day (bpd) in late 2017, over
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ReutersOil down 1 percent on continued concerns over US outputReutersEnergy services firm Baker Hughes said on Friday that energy companies last week cut oil rigs for the first time in almost two months. RIG-OL-USA-BHI. Still, the United States is now the
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ReutersOil down 1 percent on continued concerns over U.S. output - ReutersReutersOil prices fell on Monday as investors grappled with ongoing concerns over rising U.S. output and tight OPEC supply, while last week's data showing speculators cut bets on
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Chron.comCorpus Christi set to become major oil export hub as shale drilling surgesChron.comAs West Texas drillers pump more crude in coming years, they'll have to ship almost all of the increase in the Permian Basin's output to buyers overseas – a
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