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Amanda Cooper

Mar 15 2017

IEA says oil market could tilt into deficit in the first half if OPEC sticks to cuts

LONDON Global oil inventories rose for the first time in January as the market grappled with a swell in production last year, but if OPEC maintains its output cuts, demand should overtake supply in the first half of this year, the International Energy Agency said on Wednesday.

Feb 24 2017

Oil futures suggest bullish funds' big bet on price may pay off

LONDON Oil investors have placed the biggest bet in history that prices will rise, as the world's largest exporters cut output to reduce a glut in supply, and the futures market is suggesting for the first time in a year that they could be onto a winner.

Feb 07 2017

Oil benchmark futures play back in vogue as U.S. debates import tax

LONDON After several years of neglect, oil investors are again betting heavily on the price difference between two global benchmarks - Brent and U.S. crude futures - due to a push in Washington to impose a controversial import tax.

Dec 13 2016

Oil demand to grow more swiftly, too early to assess global output cut

LONDON Global oil demand will rise more strongly than expected next year, although it is too soon to assess fully the impact of a joint cut in supply by the world's largest producers, the International Energy Agency said on Tuesday.

Dec 07 2016

OPEC, U.S. begin 'cat and mouse' oil game as producers pounce on hedges

LONDON/NEW YORK As far as one of the world’s biggest commodities traders, Glencore’s chief Ivan Glasenberg, is concerned, the oil market will be at the mercy of "a cat and mouse game" between OPEC and its U.S. shale rivals in the coming year.

Dec 07 2016

OPEC, U.S. begin "cat and mouse" oil game as producers pounce on hedges

LONDON/NEW YORK, Dec 7 As far as one of the world's biggest commodities traders, Glencore's chief Ivan Glasenberg, is concerned, the oil market will be at the mercy of "a cat and mouse game" between OPEC and its U.S. shale rivals in the coming year.

Dec 02 2016

Platts considers first addition to Brent basket since 2007

LONDON Oil pricing agency Platts is considering the first major overhaul in nearly a decade of its benchmark dated Brent assessment, which is used for most of the world's crude trade.

Nov 17 2016

Shell's North Sea oil trading draws spotlight again this year

LONDON Royal Dutch Shell has snapped up a large volume of North Sea oil that helps set the global Brent benchmark, trade sources said, the second time this year that its trading activities have attracted the glare of the spotlight.

Nov 16 2016

Oil demand won't peak before 2040, despite Paris deal - IEA

LONDON The International Energy Agency expects global oil consumption to peak no sooner than 2040, leaving its long-term forecasts for supply and demand unchanged despite the 2015 Paris Climate Change Agreement entering into force.

Nov 16 2016

Oil demand won't peak before 2040, despite Paris deal: IEA

LONDON The International Energy Agency expects global oil consumption to peak no sooner than 2040, leaving its long-term forecasts for supply and demand unchanged despite the 2015 Paris Climate Change Agreement entering into force.

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