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ReutersOil prices drop off 3-year highs but strong demand supportsReutersReacting to the recent three-year high, Russian Energy Minister Alexander Novak said the oil market was not yet balanced and that the global deal to cut output should continue as the
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BBC NewsAghadowey: Vandals douse new house with oilBBC NewsThe owner of a new house which was badly damaged when vandals covered it in oil, has said he has no idea why the building was targeted. Dominic McAleese, from Aghadowey, County Londonderry, said th
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Channel NewsAsiaMalaysian farmers protest against EU push to ban palm oil in biofuelsChannel NewsAsiaKUALA LUMPUR: About 2,000 palm oil farmers protested Tuesday (Jan 16) against a push by the European Parliament to ban the use of the commodity in biofuels
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Reuters.comBrent oil falls by $1 but demand underpins near $70/barrelReuters.comThe restraint has coincided with healthy oil demand, pushing up crude by almost 15 percent since early December. “This rally has been driven first by robust fundamentals, with
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ReutersBrent oil falls but demand underpins near $70/barrelReutersOil has been pushed higher by an effort led by the Organization of the Petroleum Exporting Countries and Russia to withhold production since January last year. The cuts are set to last throu
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ReutersOil markets near three-year highs, supported by healthy demandReuters“We have updated our supply/demand balances to reflect a faster-than-expected tightening in the global oil market due to improving cyclical conditions, cold winter weather, and hig
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ReutersOil prices near three-year highs, supported by healthy demandReutersThe restraint has coincided with healthy oil demand, pushing up crude by almost 15 percent since early December. “This rally has been driven first by robust fundamentals, with stron
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ReutersOil hovers near three-year high despite rising US outputReutersBank of America Merrill Lynch on Monday raised its 2018 Brent price forecast to $64 a barrel from $56, forecasting a deficit of 430,000 barrels per day (bpd) in oil production compared t
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Business InsiderOil spill around sunken tanker expands in East China SeaXinhuaSHANGHAI, Jan. 15 (Xinhua) -- The oil spill on the water surface around the sunken Iranian tanker in the East China Sea is expanding, China's maritime authority said Monday.
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BBC NewsHuge oil spill left after burning tanker sinks off ChinaBBC NewsChinese ships are racing to clean up a giant oil spill after an Iranian tanker sank in the East China Sea. The 120 sq km (46 sq mile) oil slick is thought to be made up of heavy fuel t
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