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The Globe and MailOil watchers dismiss supply risk from Red Sea attacks, but wary of escalationS&P Global PlattsLondon — Oil trade will not be significantly disrupted by the halting of Saudi Aramco's shipments through the Bab el-Mandeb strait unless th
Admin 27.07.2018 0 86

BloombergOil Is Fine With Wars, Just Not Trade WarsBloombergThe oil market has suffered a mild dose of nerves, too, although it's also been contending with other bearish factors, from higher Saudi Arabian output to a potential pre-midterms release from
Admin 26.07.2018 0 100

BloombergOil Rises as Saudi Attack Underscores Geopolitical Risk PremiumBloombergBrent futures rose as much as 1.2 percent after adding 0.7 percent Wednesday. Two vessels were attacked by Yemeni Houthi militia, leading Saudi Arabia to suspend oil shipments
Admin 26.07.2018 0 96

Wall Street JournalUS crude oil shipments to China drop sharply for July, AugustS&P Global PlattsSingapore — China's crude oil imports from the US for July have fallen sharply from June, and are expected to drop even further for August, vessel tracking
Admin 26.07.2018 0 77

Spanish Repsol's Q2 crude oil throughput falls 6% on year to 10.9 million mtoeS&P Global PlattsLondon — Spanish integrated oil company Repsol said Thursday that crude oil throughput at its refineries dropped 6% year on year in the second quarter to 10.
Admin 26.07.2018 0 80

Shell's Q2 earnings jump on higher oil prices as share buybacks returnS&P Global PlattsLondon — Shell saw higher prices offset lower output to lift its earnings in second quarter, announcing the restart of a multi-billion dollar share buyback program a
Admin 26.07.2018 0 76

BloombergTotal's lifts 2018 oil and gas output target as profits swellS&P Global PlattsLondon — France's Total extended its upstream growth target for the end of the year, saying it "is well positioned to take advantage of the oil price rise&q
Admin 26.07.2018 0 92

BloombergOil Rises as Shrinking US Crude Stockpiles Signal TightnessBloombergOil rallies after a brief lull as plunging crude and gasoline inventories in the world's biggest economy heightened supply concerns. Futures advanced as much as 1.7 percent in
Admin 26.07.2018 0 69

BloombergOil Advances as US Crude Stockpiles Drop to Lowest Since 2015BloombergAmerican oil inventories fell to the lowest level since February 2015, the Energy Information Administration said. The decline happened at more than twice the pace forecast by a
Admin 25.07.2018 0 109

Financial TimesTullow Oil returns to frontier drillingFinancial TimesTullow Oil has put frontier exploration back on the agenda after the UK-listed company reported strong free cash flow and surging revenues for the first half of the year. “We are determin
Admin 25.07.2018 0 85