Reuters UKOil prices rise in Asia in expectation of Aramco supply cutReuters UKState-owned Saudi Aramco will reduce oil supplies to Asian customers by about 7 million barrels in June, a source told Reuters, as part of OPEC's agreement to reduce product …
COLUMN-Hedge funds turn bearish on oil and refined fuels: KempReutersLONDON, May 8 Hedge funds and other money managers were turning increasingly bearish towards oil even before prices plunged on Thursday. Hedge funds cut their net long position in the thr …
Reuters UKSaudi Arabia's Falih says Brunei ready for global oil agreement extensionReuters UKSaudi Arabia's energy minister Khalid al-Falih said in comments posted on social media on Sunday that Brunei has expressed readiness to extend the global o …
Reuters UKSaudi Aramco to boost oil loading capacity with reopened terminalReuters UKBringing Muajjiz terminal online next year would boost the kingdom's total oil handling capacity to 15 million barrels per day (bpd) from 11.5 million bpd currently, M …
ReutersFunds prepare $2 billion oil market play as supply tightensReutersThe switch may foreshadow the end of a global oil glut that built up during a two-year price war. On Friday - for the first time in six years - a rule in one of the most popular commo …