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Oil market

Oil Gains ahead of OPEC Meeting; Russian Oil Price Cap Looms

SINGAPORE, Sept 2 (Reuters) - Oil prices climbed on Friday on bets that OPEC+ will discuss output cuts at a meeting on Sept. 5, though fears of China's COVID-19 curbs ...
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Oil Prices Climb 1 as U.S. Fuel Inventories Fall

WTI for Oct, Brent for Nov climb 1% U.S. gasoline, distillate stockpiles fall - API Iraqi oil flows intact as Baghdad clashes ease Dollar index dips Aug 31 (Reuters) - ...
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Oil Tumbles on Inflation Woes, Iraq Exports

LONDON, Aug 30 (Reuters) - Oil prices fell Tuesday on fears that an inflation-induced weakening of global economies would soften fuel demand, and as Iraqi crude exports have been unaffected ...
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Oil Prices Rise on Potential OPEC Supply Cuts

SINGAPORE, Aug 25 (Reuters) - Oil prices rose on Thursday on mounting supply tightness concerns amid disruptions to Russian exports, the potential for major producers to cut output, and the ...
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Brent Oil Climbs above 100 Barrel amid Talk about OPEC Cuts

Output cut could come with return of Iran oil, sources say Iran needs nuclear deal to resume major oil exports Tehran drops some nuclear demands, says U.S. official API shows ...
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Oil Climbs as Tight Supply Moves Back into Focus

OPEC+ has options to meet challenges, including cuts -Saudi min Iran has dropped some demands for nuclear deal - U.S. official Coming up: API oil supply report, 2030 GMT LONDON, ...
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Oil Slumps on Fears over Economic Slowdown, Stronger Dollar

Dollar hits 5-wk high on hawkish Fed remarks China's Sichuan extends power curbs on heatwave -Caixin China cuts lending benchmarks to revive faltering economy Western leaders discuss Iran nuclear deal ...
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Oil Slips to SixMonth Low as Recession Fears Weigh

API report shows crude, fuel stocks fell last week - sources EU, U.S. studying Iran's response to nuclear proposal Coming up: EIA supply report, 1430 GMT LONDON, Aug 17 (Reuters) ...
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Oil Extends Losses as Weak Demand Outlook Persists

China unexpectedly cuts key rates as economic data disappoints Iran responds to EU nuclear text, seeks U.S. flexibility Oil output in Permian Basin to rise to record high in Sept ...
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Oil Drops as China Data Weighs

China's July refinery output lowest since March 2020, data shows Stronger U.S. dollar and low liquidity pressure prices Coming up: Iran to respond to EU nuclear text on Monday LONDON, ...
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Oil Prices Rise from MultiMonth Lows on Supply Concerns

LONDON, Aug 5 (Reuters) - Oil prices rose slightly on Friday, bouncing off their lowest levels since February, as concern over supply shortages was countered by expected declines in fuel ...
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Oil Prices Stabilise after Drop to near 6Month Low

Tight global supply offers price support - analysts Saudi, UAE save oil firepower in case of winter supply crisis OPEC+ agrees to raise oil output target by 100,000 bpd Oil ...
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Oil Prices Dip ahead of OPEC Meeting

LONDON, Aug 3 (Reuters) - Major developed and emerging market central banks around the globe delivered nearly 1,200 basis points in interest rate hikes in July alone, ramping up their ...
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Oil Slips; Global Demand Concerns Weigh, OPEC Meeting Eyed

Factories squeezed by higher prices, weak customer demand OPEC+ meets on Wednesday to discuss whether to boost output Coming up: API supply report, 2030 GMT LONDON, Aug 2 (Reuters) - ...
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Oil Drops as Weak Chinese Data Heightens Demand Concerns

LONDON, Aug 1 (Reuters) - Oil prices dropped on Monday as weak manufacturing data from China and Japan weighed on the demand outlook while investors braced for this week's meeting ...
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