ReutersOil steadies, as lower inventories offset by higher US outputReuters“The curve pays you for being long oil,” he said, adding the main issue affecting oil prices was “the efforts of supply restraint by producers that in the second half of 2017 starte …

ReutersOil steadies, with lower inventories offset by higher US outputReutersCrude inventories in the United States C-STK-T-EIA have fallen by 20 percent since hitting record highs in April 2017. The futures curve shows prompt prices for oil are above thos …

ReutersOil prices rise on report of lower US crude inventoriesReutersA group of oil producers around OPEC and Russia have been withholding supplies since last year to tighten supplies and prop up prices. The cuts are set to last through 2018. “Evidence poi …

TODAYonline11 men charged with illegal sale of marine gas oilTODAYonlineSINGAPORE — For allegedly trying to steal and sell marine gas oil worth over S$17,000, 11 Indonesian men — aged between 23 and 45 — were charged in court with criminal breach of trust …

ReutersOil rises on report of lower US crude inventories, stock market recoveryReutersA group of oil producers around OPEC and Russia have been withholding supplies since last year in order to tighten supplies and prop up prices. The cuts are set to last t …

ReutersOil dips amid rout in stocks, bonds; dollar gains - ReutersReutersOil fell for a third day on Tuesday as the U.S. dollar rose to its highest in more than a week in the wake of a sharp sell-off on Wall Street and other stock markets, a global rout th …

ReutersOil dips amid rout in stocks, bonds; dollar gainsReuters“With hedge funds still excessively long oil futures contracts, profit-taking is set to pressure prices in the near term.” One factor that has helped insulate oil to some extent against a bigge …

ReutersOil dips as dollar rises to highest in a weekReutersMajor indexes rose more than 1 percent in a drastic swing after starting the session 2 percent lower from Monday. The difference between the high and low for the Dow on Tuesday was more than 1,000 …

ReutersOil eases, but wards off stocks-style turbulenceReutersA factor that could insulate oil to some extent against a bigger rout is the structure of the forward curve, where the prompt futures contract is trading well above those for delivery further in …

ReutersOil eases, but avoids stocks-style volatilityReuters“We know that speculative positions both in terms of contracts and in allocated dollars are at an all-time high. Thus a real pain-trade has not yet hit the oil market,” SEB head of commodity strate …