ARTICLES RELATING TO OIL

Oil prices fall further in Asia

2014-08-01 07:40

Oil prices have slipped further in Asia following a sell-off on Wall Street and concerns about unplanned refinery shutdowns in the US midwest.

Oil market mixed before raft of US data

2014-07-30 16:55

Oil prices have diverged as dealers awaited key US data, including the latest stockpiles report, for clues about demand in the world's top crude consumer.

Oil prices ease in Asian trade

2014-07-30 07:24

Oil prices have slipped in Asia as dealers stood on the sidelines awaiting the latest US stockpiles report for clues about demand in the country.

BP quarterly profit tops expectations

2014-07-29 10:32

BP has posted a better-than-expected 34% rise in quarterly profit after raising output of higher-margin products and hiking liquids and gas prices.

Oil prices fall ahead of US data

2014-07-29 07:26

Oil prices have slipped further in Asian trade on global demand fears but losses were limited by concerns about the crisis in Ukraine, analysts said.

Oil slides despite geopolitical jitters

2014-07-28 13:45

World oil prices have sunk as traders appeared to shrug off geopolitical worries over key crude producing regions.

US kicks off crude exports but faces Iran

2014-07-28 07:49

The United States faces an awkward rival in its first attempts in 40 years to export crude oil as Iran casts a shadow in Asia.

Oil drifts lower before weekend

2014-07-25 15:00

Oil prices have nudged lower as traders balanced soft gasoline demand in the US and plentiful global supplies, against upbeat Chinese manufacturing data.

Oil prices up in Asian trade

2014-07-24 07:29

Oil prices have risen in Asia after the United States reported a large decline in its crude inventories, indicating strong demand in the world's biggest economy.

Oil prices rise on geopolitical tensions

2014-07-22 14:30

Oil prices have risen on geopolitical tensions fuelled by a warning of tougher sanctions against Russia and fierce fighting in Gaza, traders say.

Oil prices up in Asian trade

2014-07-22 07:28

Oil prices have risen in Asia against the backdrop of geopolitical tensions fuelled by a warning of tougher sanctions against Russia and fierce fighting in Gaza.

Oil prices rise on Ukraine, Gaza tensions

2014-07-18 14:02

Oil prices have risen after a Malaysia Airlines plane crashed in the conflict zone of east Ukraine and Israel pursued a ground offensive into Gaza.

Geopolitical woes send oil higher in Asia

2014-07-18 07:33

Oil prices have risen in Asia after a Malaysia Airlines plane came down in Ukraine and an Israeli offensive into Gaza sparked fears about Middle East tensions.

Oil prices up on US demand hopes

2014-07-17 07:24

Oil prices have extended gains in Asia after a bullish US stockpiles report raised hopes of resurgent demand in the world's top crude consumer.

Oil prices up in Asian trade

2014-07-16 07:19

Oil prices have rebounded on bargain-hunting in Asia following sharp losses in the previous session that were stoked by easing Middle East supply concerns.

From heroin dealer to Afghan oil man

2014-07-14 16:42

One-eyed Rateb Popal's debut as an Afghan businessman was not promising: he was caught smuggling heroin and locked up in a New York federal prison for almost a decade.

US oil boom to extend into 2015

2014-07-11 17:00

Global oil demand growth will accelerate next year as the world economy expands and will again be met by rising supplies from the United States.

World oil demand to grow further - Opec

2014-07-10 19:00

Global world oil demand is due to increase further next year thanks in part to resurgent growth in developed countries, Opec says in its first forecast for 2015.

Oil prices down in Asia

2014-07-10 07:26

Oil prices have fallen fell in Asia following a mixed US supply report and easing concerns over tensions in the Middle East, analysts said.

Oil down ahead of US stockpiles report

2014-07-09 07:26

Oil prices have edged lower in Asia as dealers await the latest US stockpiles report for clues about demand in the world's top crude consumer.

Oil prices falter

2014-07-08 14:30

Oil prices have extended their losing run as dealers awaited the resumption of Libyan crude exports.

Oil prices mixed in Asian trade

2014-07-07 07:51

Oil prices are mixed in Asia as dealers weigh easing concerns about the insurgency in Iraq with upbeat sentiment about US demand following strong jobs data.

Oil prices extend drop

2014-07-04 14:16

Traders say oil prices have fallen further on easing concerns over supply disruptions, offsetting firm demand for crude in the US.

Oil prices mixed ahead of US supply report

2014-07-02 07:31

Oil prices have been mixed in Asia as dealers await the release of a US stockpiles report for clues about demand in the world's top crude consumer.

Oil market mixed on China, Iraq developments

2014-07-01 16:28

World oil prices have diverged as traders tracked Chinese manufacturing data and violence in Iraq.

 

Oil prices extend losses in Asian trade

2014-07-31 07:54

Oil prices have tumbled further in Asia as concerns eased that fresh Western sanctions on Russia would have an immediate impact on global oil supplies.

Tullow stays confident on oil in Africa

2014-07-30 11:36

Tullow Oil has drifted into the red after writing off more than $400m in exploration costs but the Africa-focused explorer has confidence that strategy will pay off.

Brent dips as ample supplies weigh

2014-07-29 11:03

Oil prices have slipped for a second session as ample supply offset geopolitical tensions in the Middle East, Africa and Europe.

Russia hit by Yukos ruling amid sanctions

2014-07-29 09:45

An international court has ordered Russia to pay Yukos shareholders a record $50bn compensation over its seizure of the defunct oil giant.

Africa Oil, Tullow could seek Kenya oil partner

2014-07-28 20:00

Canadian explorer Africa Oil and its partner Tullow Oil are likely to bring in a third partner to help develop their oil discoveries in northern Kenya.

Hague court could order Russia to pay $50bn

2014-07-28 10:30

The Permanent Court of Arbitration in the Hague could announce that Russia must pay $50bn to former shareholders of the defunct oil company Yukos.

Oil prices drift lower in Asia

2014-07-28 07:24

Oil prices have dipped in Asian trade ahead of the release of US economic and jobs data, while investors track events in Ukraine and the crude-rich Middle East.

Oil prices mixed in Asian trade

2014-07-25 07:36

Oil prices have been mixed in Asia as soft gasoline demand in the United States offset upbeat manufacturing data from China, analysts said.

Oil extends losses in Asian trade

2014-07-23 07:35

Oil has extended losses in Asia as a stronger US currency discouraged buying and concerns over the fallout from the downing of flight MH17 in Ukraine eased.

Exxon oil rig enters uncharted waters

2014-07-22 08:33

An ordinary, long-scheduled journey of an oil drilling rig into Arctic waters is turning into a major political exercise, creating a dilemma for Exxon Mobil.

Brazil eyeing Japan's help in oil project

2014-07-20 11:12

Brazil plans to use Japanese technology in building a floating structure and ships for its huge offshore oil development project, according to media reports.

Brent pushes above $108 after plane downed

2014-07-18 09:14

Brent futures have climbed above $108 a barrel, extending sharp overnight gains amid heightened geopolitical concerns after a Malaysian jetliner was shot down.

Tullow Oil to pay $407m tax bill - court

2014-07-17 11:17

A Ugandan tax appeals court has ordered the Anglo-Irish firm Tullow Oil to pay a $407m tax bill related to the sale of local assets in 2012.

Oil market enjoys China-inspired gains

2014-07-16 15:35

Global oil prices rebounded as traders seized on news of stronger-than-expected economic growth in top energy consumer China.

Oil prices mixed ahead of Yellen testimony

2014-07-15 07:21

Oil prices have been mixed in Asia as investors await testimony by the US central bank chief for fresh clues about the state of the world's biggest economy.

Oil prices rebound in Asia

2014-07-14 07:22

Oil has rebounded in Asia on bargain hunting, following sharp falls last week stoked by the prospect of a revival in Libyan supplies.

Oil prices mixed in Asian trade

2014-07-11 07:26

Oil prices have been mixed in Asia as fears recede about major supply disruptions in the Middle East, analysts say.

US set to pass Russia, Saudi in shale boom

2014-07-10 14:30

The US is on track to overtake Russia and Saudi Arabia as the world's largest producer of crude oil four years into the shale revolution, say analysts.

Oil prices trade mixed ahead of US data

2014-07-09 15:26

Global oil prices has diverged as dealers await US stockpiles report for the latest reading on energy demand in the world's top crude consuming nation.

Maersk in $1.7bn mark down on Brazil assets

2014-07-08 16:35

The Brazilian oil and gas business firm A P Moeller-Maersk will take a $1.7bn write down over disappointing drilling results and low oil prices.

Oil prices dip on Iraq crisis

2014-07-07 14:55

Oil prices have eased as dealers balanced declining concerns over the insurgency in Iraq with upbeat sentiment about US demand following strong jobs data.

Libya to restart oil exports

2014-07-06 16:15

Libya has lifted force majeure from the eastern Ras Lanuf and Es Sider oil ports, paving the way for exports to resume.

Oil extends losses as Libya supplies return

2014-07-03 07:31

Oil has deepened losses in Asia on prospects that Libya will begin exporting more crude into a flush global market, and easing concerns about the Iraqi crisis.

Oil market slides on profit taking, Iraq

2014-07-01 20:00

World oil prices sank further on profit taking and a lack of developments on the Iraq crisis, say analysts.

Oil prices rise on weak dollar

2014-07-01 07:34

Oil prices have lifted in Asia as dealers made the most of a weakening dollar while keeping an eye on continuing fighting in Iraq, analysts said.

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