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Oil prices give up gains, US output weighs against OPEC-led cutsThe Globe and MailOil prices gave up early gains on Monday, as the market weighed news from OPEC and other producers about prolonging output cuts against data showing the recovery in U.S. dril
Admin 08.05.2017 0 110

Reuters UKIraq's fuel oil exports soar despite OPEC supply cutReuters UKDUBAI Iraqi fuel oil exports have soared since January despite a reduction in the country's crude production in line with OPEC supply cuts, industry sources said, in what could
Admin 03.05.2017 0 151

ReutersOPEC cut doubts put oil on track for biggest weekly drop in a monthThe Globe and MailOil held near $53 a barrel on Friday, but was on course for its biggest weekly drop in a month due to doubts that an OPEC-led production cut will restore balance to
Admin 21.04.2017 0 113

Oil slides more than 1 per cent; US gasoline build seen as bearishThe Globe and MailOil slid more than 1 per cent on Wednesday, after U.S. data showed a counter-seasonal build in gasoline inventories and a smaller-than-expected decline in overall crude sto
Admin 20.04.2017 0 85

The Globe and MailOil slides after US settlement on API inventory reportThe Globe and MailOil prices fell on Tuesday, then slid more in post-settlement trade after an industry group reported that U.S. crude stockpiles fell less than expected in the latest
Admin 19.04.2017 0 97

MarketWatchUndaunted investors fund US shale amid oil bustThe Globe and MailThe shale sector has become increasingly attractive to investors not because of rising oil prices, but rather because producers have achieved startling cost reductions – slashing u
Admin 18.04.2017 0 107

BloombergOil climbs after reports that Saudi Arabia wants output cuts extendedThe Globe and MailCrude oil turned positive on Tuesday, reversing course on reports that Saudi Arabia has told OPEC officials it wants to continue OPEC cuts for an additional six
Admin 12.04.2017 0 89

ReutersOil rises on Libyan field shutdown, Syria missile strikeThe Globe and MailOil rose toward $56 a barrel on Monday, supported by another shutdown at Libya's largest oilfield over the weekend and geopolitical tensions following last week's U.S.
Admin 11.04.2017 0 94

ReutersOil rises on Libyan field shutdown, SyriaThe Globe and Mail“The developments in Syria should be factored in as an additional risk premium in the oil price going forward, especially now that oil inventories are drawing down and the market is no longe
Admin 10.04.2017 0 99

Financial TimesPremarket: Oil spikes, markets volatile as US missiles hit SyriaThe Globe and MailOil prices held near one-month highs on Friday after the United States attacked a Syrian air base but stocks and the dollar recovered early falls when a U.S. o
Admin 07.04.2017 0 89