Oil trades near 3-week high as Iraq-Kurd violence curbs exports

2017-10-19 09:07

Oil has traded near the highest close in three weeks as exports from northern Iraq fell by more than half after fighting between government troops and Kurdish forces.

Oil gains on concern Iraq-Kurd tensions will disrupt crude flows

2017-10-16 07:51

Crude has extended gains from the highest close in two weeks as speculation mounted over potential output disruptions in a region that’s home to Iraq’s oldest producing oil fields.

Oil trades near $50 as Gulf workers return after Hurricane Nate

2017-10-09 11:14

Oil has traded below $50 a barrel as workers started returning to platforms in the Gulf of Mexico after Hurricane Nate crossed the coast.

Oil eases after surge as OPEC production inches higher

2017-10-03 11:07

Oil has edged lower for a second day after a price surge last month as OPEC output climbed marginally led by gains from Saudi Arabia and Kuwait.

Oil holds above $52 as US stockpile drop counters export surge

2017-09-28 11:12

Oil has stayed near $52 a barrel as traders took stock of data that showed a surprise decline in US crude inventories while exports surged to a record.

Oil slips after entering bull market on Kurdish export threats

2017-09-26 13:16

Oil prices have slipped after entering a bull market amid geopolitical worries in Iraq’s Kurdistan, while Trafigura and Citigroup added to warnings of a looming supply squeeze.

African Refiners & Distributors Association confirms commitment to clean fuel

2017-09-24 16:56

The African Refiners & Distributors Association held a clean fuels workshop in Togo recently on the challenges and solutions for clean fuels on the continent.

Oil heads for third weekly gain before OPEC meet

2017-09-22 11:06

Oil is heading for a third weekly gain before an OPEC-led committee meets in Vienna to discuss ongoing production curbs.

Oil above $50 as fuel-stockpile drop counters crude-supply gain

2017-09-21 13:21

Oil has held above $50 a barrel as a decline in US fuel inventories countered a bigger-than-forecast increase in crude stockpiles.

Oil advances on signs US stockpile gains eased after Harvey

2017-09-20 09:12

Oil has risen on signs the pace of US stockpile gains is slowing as refiners resume operations after Hurricane Harvey, boosting crude demand.


Oil rises on demand signs after Goldman flags geopolitical risks

2017-10-18 10:16

Oil has extended gains as signs of declining US stockpiles pointed to healthy demand while investors weighed potential disruptions to supply.

SA seeks Glencore, Vitol talks as legal fight looms

2017-10-11 11:30

South Africa plans to engage with traders who acquired strategic oil reserves two years ago, even as it prepares legal action to try to cancel the deal.

Food prices slide higher thanks to oils

2017-10-05 15:03

Food prices have risen further in September due to higher costs of oils and dairy products, according to the UN Food and Agriculture Organisation.

Oil's surge propels bull market run on demand optimism

2017-09-29 10:03

Oil is heading for a monthly gain on forecasts for rising demand and as Turkey threatened to halt Kurdish exports through its territory.

Oil resumes bull market advance on signs US stockpiles shrank

2017-09-27 09:40

Oil has extended its advance into a bull market as US industry data showed an unexpected decline in crude stockpiles.

Opec to discuss extending cuts, quotas - UAE minister

2017-09-25 15:01

Opec will discuss extending production cuts that have boosted oil prices and imposing output quotas on all cartel members at a November meeting in Vienna, says an Emirati minister.

Opec and Russia stay focused on cuts as oil market improves

2017-09-22 13:11

Opec and Russia have said they were about halfway toward clearing a global oil glut and urged fellow producers to stay focused and finish the job.

Oil meeting at Opec as strategy bears fruit

2017-09-22 07:53

Oil-producing countries from inside and outside Opec meet in Vienna as signs grow that their landmark agreement to cap output may finally be boosting the price of crude.

OPEC has success at last, but oil revival may be short-lived

2017-09-20 12:00

When OPEC and its allies gather this week, they’ll have the best evidence yet that their efforts to clear a global oil glut are succeeding. It may prove short-lived.

Oil rises above $50 as Iraq raises prospect of more OPEC action

2017-09-19 11:33

Oil has extended gains above $50 a barrel in New York as Iraq raised the prospect of OPEC taking further steps to clear a global supply glut.

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