OILQ1

Oil rises 4% on supply threats, still set for weekly drop

The chimneys of the Total Grandpuits oil refinery are seen just after sunset, southeast of Paris, France, March 1, 2021. REUTERS/Christian Hartmann Register now for FREE unlimited access to Reuters.com register Oil benchmarks heading for second weekly decline Putin threatens to cut off all energy supplies Fed’s Waller: need aggressive rate hikes now while economy …

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Oil tumbles on inflation woes, Iraq exports

The logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured at its headquarters in Vienna, Austria, March 21, 2016. REUTERS/Leonhard Foeger Register now for FREE unlimited access to Reuters.com register LONDON, Aug 30 (Reuters) – Oil prices fell Tuesday on fears that an inflation-induced weakening of global economies would soften fuel demand, …

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Oil drops as China data weighs

FILE PHOTO – A pump jack is seen surrounded by steam during sunset at a PetroChina’s oil field in Karamay, Xinjiang Uigur Autonomous Region January 5, 2011. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com register China’s July refinery output lowest since March 2020, data shows Stronger US dollar and low liquidity pressure prices …

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Oil drops as weak China factory data fan demand concerns

SINGAPORE, Aug 1 (Reuters) – Oil prices dropped on Monday, as weak manufacturing data from China and Japan for July weighed on the outlook for demand, while investors braced for this week’s meeting of officials from OPEC and other top producers on supply adjustments. Brent crude futures were down $1.19, or 1.1%, at $102.78 a …

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Oil up over $2 per barrel as hopes fade for OPEC+ supply boost

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019. REUTERS/Agustin Marcarian/File Photo Register now for FREE unlimited access to Reuters.com register US drillers add oil rigs for record 23rd month in a row – Baker Hughes. Brent at highest since …

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Wall Street rallies with earnings in full swing

A Wall Street sign outside the New York Stock Exchange in New York City, New York, US, October 2, 2020. REUTERS/Carlo Allegri Register now for FREE unlimited access to Reuters.com register Boeing rises on deal to sell jets to 777 Partners Johnson & Johnson and IBM fall on dollar impact warning Hasbro and Halliburton rise …

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Oil rises 2% but posts weekly loss on recession fears

Brent, WTI post weekly drop, after falling in June Supply tightness more likely to intensify from here -PVM US job growth beats expectations in June NEW YORK, July 8 (Reuters) – Oil prices rose about 2% in volatile trade on Friday but were still heading for a weekly decline as investors worried about a potential …

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Oil settles up but posts weekly decline on recession fears

Brent, US crude head for second weekly decline Fed’s inflation fight is ‘unconditional,’ Powell says US consumer sentiment at record low, inflation outlook improves OPEC+ seen sticking to plan at June 30 meeting June 24 (Reuters) – Oil prices settled up by more than $3 a barrel on Friday, supported by tight supply, but they …

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Oil prices stable as market balances recession fears with tight supply

An aerial view shows oil tanks of Transneft oil pipeline operator at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia June 13, 2022. Picture taken with a drone. REUTERS/Tatiana Meel Register now for FREE unlimited access to Reuters.com register LONDON, June 20 (Reuters) – Oil …

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