ReutersOil slips, as US supply threatens to undermine OPEC cutsReutersOil prices have slipped from the two-year highs hit last week by both crude benchmarks on signs that U.S. supply is rising and could potentially undermine OPEC's efforts to tighten t …
Energy VoicePremier Oil: poised to start production at key North Sea project in DecemberFinancial TimesPremier Oil insisted it is still on track to produce first oil from a key North Sea project next month as it also assured investors that reduction of its …
QuartzAfrica's richest woman has been fired from Angola's state oil firm by the new presidentQuartzIn a shock move, the president sacked Isabel dos Santos, daughter of José Eduardo dos Santos, Lourenço's predecessor, as head of Sonangol, Angola …
ReutersOil edges up as expected extension of OPEC cuts counters rising US suppliesReuters“Oil shrugged off an unexpected rise in the U.S. crude inventory data ... Both contracts eked out small gains,” said Jeffrey Halley, senior market analyst at futures b …
ReutersOil steady as expected output curbs balance US supplyReutersGlobal oil markets are looking ahead to a meeting of the Organization of the Petroleum Exporting Countries in Vienna on Nov. 30 which is expected to decide to extend limits on crude product …
ReutersOil prices weighed down by rising US supplies, but OPEC cuts prevent fallsReutersSINGAPORE (Reuters) - Oil markets on Thursday were weighed down by rising U.S. crude production and inventories, but prices were prevented from falling by expectations …
ReutersOil prices slide after IEA casts doubt over demand outlookReuters“Crude oil prices fell sharply after the IEA raised doubts about the outlook for 2018,” ANZ bank said on Wednesday. The International Energy Agency (IEA) on Tuesday cut its oil demand …
Reuters.comUS oil prices slide after IEA casts doubt over demand outlookReuters.com“Using a scenario whereby current levels of OPEC production are maintained, the oil market faces a difficult challenge in 1Q18 with supply expected to exceed demand by 600,0 …
BNNGlobal oil demand to withstand rise of electric vehicles: IEABNNLONDON - Global oil demand will fall only modestly alongside the expected rise in electric vehicles over the next two decades, with consumption in petrochemicals and other transportation st …
CNBCOil falls 2 percent on rising US output, global demand concernReuters“The IEA slashing its oil demand growth forecast for this year and the next has dampened some of the bullish sentiment prevailing in the market,” Abhishek Kumar, Senior Energy Analyst …