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Crude oil futures dip on mild profit-taking awaiting fresh cuesS&P Global PlattsSingapore — Crude oil futures were lower during mid-morning trade in Asia Friday after an earlier spike on the back of supply halts in Saudi Arabia and US stock draws gave way
Admin 27.07.2018 0 57

Aljazeera.comOil price shock on the way?Aljazeera.comSaudi Arabia ordered its oil tankers to stop sailing through the Bab al-Mandeb Strait, off the coast of Yemen, after two vessels were attacked by Iran-backed Houthi rebels. Iranian commanders have threat
Admin 27.07.2018 0 68

BloombergSteel Tariffs a 'Significant' Hit to Oil Drilling, Conoco SaysBloombergSteel tariffs imposed by the Trump administration are driving a “fairly significant” increase in costs for oil-driller ConocoPhillips, the company said Thursday. Prices
Admin 27.07.2018 0 65

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
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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 90

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 85

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
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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.
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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 67

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
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