KHOUOil aims for first 2-session gain since late SeptemberMarketWatch“The strongest global demand growth we have seen in at least the last two years, if not longer, gets some of the credit it appears that [the Organization of the Petroleum Exporting Countr …
ReutersOil rises 2 percent on signs rebalancing underwayReutersNEW YORK (Reuters) - Oil prices rose about 2 percent on Tuesday, supported by Saudi Arabian export cuts in November and comments from OPEC and trading companies that the market is rebalancing a …
ReutersVitol boss sees oil industry shrinkingReutersLONDON (Reuters) - The world's largest oil trader Vitol expects the oil industry to shrink given the quickening pace of the global shift to electric cars and away from fossil fuels, its chief executiv …
ReutersOil extends gains to sixth day on dip in US outputReuters"After the steep drop in oil prices of recent weeks, I believe that especially hedge funds saw nice buying momentum and lower U.S. crude production was the trigger to act," said Hans …
ReutersOil prices edge up to two-week high on dip in US outputReuters"After the steep drop in oil prices of recent weeks, I believe that especially hedge funds saw nice buying momentum and lower U.S. crude production was the trigger to act," said …
The EconomistWhat Rosneft's purchase of Essar's oil refinery meansThe EconomistSuch is the story of the Essar Group, which is in the final stages of selling its crown jewel, India's second-biggest private oil refinery, to a consortium led by Ro …
ReutersOil prices rise to two-week high on dip in US outputReutersLONDON Oil prices rose to a two-week high on Thursday, extending a rally into a sixth straight session after a decline in weekly U.S. production eased concerns about deepening oversupply. Cr …
ReutersOil up almost 2 percent on weaker dollar, short-coveringReutersIt was the fourth straight session of gains for oil, which also got some support after the chief executive of U.S. shale oil producer Pioneer Natural Resources Co (PXD.N) said Saudi Arab …
ReutersOil prices up 2 percent on weaker dollar, short coveringReutersTim Evans, Citi Futures' energy futures specialist, said in a note that oil's upswing was "a technical correction after the declines of the past five weeks" helped alon …
ReutersEuro rallies, weak dollar lifts oilReutersIan Taylor, head of the world's largest independent oil trader Vitol, told Reuters that Brent prices would stay in a range of $40-$55 a barrel for the next few quarters. "In the third quarter we sho …