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ReutersOil up on US crude stocks draw, Forties outage supportsReutersIt has particular significance to global markets because Forties is the largest out of the five crude oil streams that underpin the dated Brent benchmark. A number of producers, including
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ReutersOil settles lower after rally on pipeline outage; Brent premium narrowsReutersHOUSTON (Reuters) - Oil prices fell sharply on Tuesday, as traders took profits after prices surged early to a two-year high on an unplanned closure of the pipeline that c
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Crude Oil: EIA Bashers Should Check Their Own NumbersSeeking AlphaSpecifically, the STEO forecast of U.S. oil production has been alleged to be outlandishly optimistic. In addition, the EIA's weekly estimates of U.S. current crude oil production have b
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BloombergBrent slips after hitting $65/barrel early on pipeline outageReutersHOUSTON (Reuters) - Oil prices slipped on Tuesday, retreating after an early surge to a two-year high when the United Kingdom's biggest North Sea oil pipeline was shut, crimpi
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Yahoo FinanceSensex falls as crude oil gains spark inflation worryYahoo FinanceBy Arnab Paul. (Reuters) - Indian shares edged down on Tuesday on investor caution higher global crude oil prices would stoke inflation and impact future interest rate decisions
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BloombergSaudis To Slash Oil Exports To Asia By 100000 BpdOilPrice.comSaudi Arabia will cut its crude oil exports to Asia by more than 100,000 bpd in January compared to December, while keeping its shipments to Europe and the U.S. at the December levels, t
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Financial TimesUK pipeline shutdown sends oil and gas prices soaringFinancial TimesThe UK North Sea's main pipeline system is likely to be shut for weeks to undergo emergency repairs, the operator said on Monday, sending oil and gas prices soaring as t
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ReutersOil gains on Forties Pipeline shutdown, New York blastReuters“It's a significant amount of crude oil in a market that has been the tightest for crude oil,” Kilduff said. Earlier in the session, both benchmarks popped higher after an explosion ro
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ReutersOil gains on Forties Pipeline shutdown, New York blast | ReutersReutersNEW YORK (Reuters) - Oil prices rose on Monday, overcoming declines early in the session, after a North Sea pipeline shut for repairs and investors focused on commodities followi
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ReutersOil gains as New York blast turns focus to political riskReutersEarlier in the day, prices were under downward pressure from rising U.S. drilling activity that pointed to a further increase in American production, countering OPEC-led output cuts. An
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