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 holds advance near $50 as US drillers idle more crude rigs

2017-09-18 09:29

Oil has held gains near $50 a barrel as the US rig count dropped the most since January after a record expansion earlier this year.

Oil holds gains near five-week high

2017-09-14 10:03

Oil has held gains near a five-week high as the International Energy Agency and OPEC boosted crude demand forecasts.

IEA sees strongest global oil-demand growth in two years

2017-09-13 12:45

Global oil demand will climb this year by the most since 2015, amid stronger-than-expected consumption in Europe and the US, according to the International Energy Agency.

Oil set for first weekly gain since July

2017-09-08 09:32

Oil has been headed for the first weekly gain since July as Gulf Coast refiners ramp up crude processing after disruptions from Hurricane Harvey.

Oil holds gains as refinery restarts revive US crude demand

2017-09-06 09:41

Oil has held gains near the highest in more than three weeks as key refineries and pipelines restarted operations following shutdowns forced by Hurricane Harvey.


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.

Oil set for 2nd weekly gain near $50

2017-09-15 08:46

Oil has been headed for a second weekly advance on forecasts for accelerating crude demand and as US Gulf Coast refineries continued to recover from Hurricane Harvey.

Oil climbs as IEA sees fastest demand growth in two years

2017-09-13 13:35

Oil has risen as the International Energy Agency forecast the strongest demand growth in two years, while Opec was said to discuss prolonging output cuts further into 2018.

Oil gains as Hurricane Irma weakens while US refining returns

2017-09-11 09:57

Oil has risen as hurricane Irma weakened after hitting the Florida coast and as Gulf Coast refining continued to recover following storm Harvey.

Oil trades near four-week high as refining returns after Harvey

2017-09-07 09:06

Oil has traded near a four-week high as US refiners return from shut downs caused by Hurricane Harvey and boost crude processing.

Oil down as US refineries struggle from Harvey impact

2017-08-31 07:42

Crude prices have fallen further in Asian trade as refineries shut down by deadly storm Harvey in the key oil-producing US Gulf Coast struggled to get back online, further piling up supplies.

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