O/R

Oil falls more than 1% on demand fears, strong dollar

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone BaseRegister now for FREE unlimited access to Reuters.comRegisterStrong dollar weighs as Fed rate decision loomsSupply concerns limit declineEasing COVID-19 restrictions in China could lend supportLONDON, Sept 19 (Reuters) – Oil fell by …

Oil falls more than 1% on demand fears, strong dollar Read More »

Oil prices drop amid China COVID curbs, possible rate hikes

An oil pump of IPC Petroleum France is seen at sunset outside Soudron, near Reims, France, August 24, 2022. REUTERS/Pascal Rossignol/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSINGAPORE, Sept 12 (Reuters) – Oil prices fell on Monday with the global fuel demand outlook overshadowed by COVID-19 restrictions in China and the potential for further …

Oil prices drop amid China COVID curbs, possible rate hikes Read More »

Oil falls by over $3 on inflation woes, Iraq exports

The logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured at its headquarters in Vienna, Austria, March 21, 2016. REUTERS/Leonhard FoegerRegister now for FREE unlimited access to Reuters.comRegisterLONDON, Aug 30 (Reuters) – Oil prices fell by more than $3 a barrel on Tuesday on fears that an inflation-induced weakening of global economies …

Oil falls by over $3 on inflation woes, Iraq exports Read More »

Oil slumps on fears over economic slowdown, stronger dollar

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin MarcarianRegister now for FREE unlimited access to Reuters.comRegisterDollar hits 5-wk high on hawkish Fed remarks before Jackson HoleChina’s Sichuan extends power curbs on heatwave -CaixinChina cuts lending benchmarks to revive …

Oil slumps on fears over economic slowdown, stronger dollar Read More »

Oil drops as China data weighs

FILE PHOTO – A pump jack is seen surrounded by steam during sunset at a PetroChina’s oil field in Karamay, Xinjiang Uigur Autonomous Region January 5, 2011. REUTERS/StringerRegister now for FREE unlimited access to Reuters.comRegisterChina’s July refinery output lowest since March 2020, data showsStronger U.S. dollar and low liquidity pressure pricesComing up: Iran to respond …

Oil drops as China data weighs Read More »

Oil bounces as China, U.S. data ease recession concerns

FILE PHOTO – A oil field worker works at a pump jack in PetroChina’s Daqing oil field in China’s northeastern Heilongjiang province November 5, 2007. REUTERS/Stringer (CHINA) Register now for FREE unlimited access to Reuters.comRegisterSINGAPORE, Aug 8 (Reuters) – Oil prices edged up from multi-month lows on Monday as investors’ appetite improved following data on …

Oil bounces as China, U.S. data ease recession concerns Read More »

Brent crude hits pre-Ukraine invasion lows on recession fears

FILE PHOTO – A PetroChina worker inspects a pump jack at an oil field in Tacheng, Xinjiang Uighur Autonomous Region, China June 27, 2018. REUTERS/Stringer ATRegister now for FREE unlimited access to Reuters.comRegisterBoE raises rates, warns of recession risksSaudi, UAE save oil firepower in case of winter supply crisisOPEC+ agrees to raise oil output target …

Brent crude hits pre-Ukraine invasion lows on recession fears Read More »

Oil falls 3%, pressured by surprise U.S. crude, gasoline build

Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus MordantRegister now for FREE unlimited access to Reuters.comRegisterU.S. crude, gasoline stockpiles rise unexpectedly – EIAOPEC+ decides on small 100,000 bpd increase to output targetU.S. had pushed for more meaningful supply …

Oil falls 3%, pressured by surprise U.S. crude, gasoline build Read More »