Oil prices rise after U.S. debt deal, all eyes on OPEC meeting

[ad_1] [1/2] A tug boat pushes an oil barge through New York Harbor past the Statue of Liberty in New York City, U.S., May 24, 2022. REUTERS/Brendan McDermid LONDON, June…

OPEC oil output falls on Iraq, Nigeria outages, Reuters survey finds

[ad_1] LONDON, May 2 (Reuters) – OPEC oil output fell in April due to a halt in some of Iraq’s exports and delays to Nigerian shipments, a Reuters survey found…

Oil steadies after Russia says global oil markets in balance

[ad_1] Novak says OPEC+ doesn’t expect shortages on the global market US Q1 economic growth slows as businesses run down inventories Russian refineries increase output as fuel exports rise NEW…

India’s March fuel demand soars on robust economic activity

[ad_1] April 10 (Reuters) – India’s fuel consumption jumped to a record high in March, data showed on Monday, fuelled by robust economic activity in the world’s third biggest oil…

Singapore imports of Russian naphtha surge as EU ban shifts flows

[ad_1] NEW DELHI, April 6 (Reuters) – Singapore’s imports of Russian naphtha nearly tripled in the first quarter of 2023, government data showed, after the European Union banned oil products…

Oil steady as markets weigh OPEC+ surprise cuts amid demand woes

[ad_1] HOUSTON, April 4 (Reuters) – Oil prices were little changed in choppy trading on Tuesday as investors weighed OPEC+ plans to cut more production against weak economic data from…

Oil down with market uncertain over US inflation, employment data

[ad_1] BEIJING, March 31 (Reuters) – Oil prices ticked down in Asian trade on Friday as bullish sentiment about Chinese demand and potential Middle Eastern supply disruptions was tempered by…

Shell puts a stop to Singapore biofuels, base oil projects

[ad_1] SINGAPORE, March 30 (Reuters) – Shell has decided not to go ahead with two projects it was studying to produce biofuels and base oils in Singapore, a company spokesperson…

Oil falls as US holds off refilling strategic reserve

[ad_1] TOKYO, March 24 (Reuters) – Oil prices fell on Friday, extending the previous day’s losses, on worries about potential oversupply after U.S. Energy Secretary Jennifer Granholm said refilling the…

Oil drops 1% as US in no rush to refill strategic reserve

[ad_1] US Energy Sec Granholm says refilling SPR likely to take years Dollar falls to lowest since Feb 3 Policymakers signal slowdown in interest rate hikes by U.S. Fed Gasoline…