United States

David Gaffen

UPDATE 9-Oil surges 8 pct after steep slide; growth fears still weigh

Dec 26 2018

* Crude's strongest daily gain since OPEC deal announced in 2016

In major shift, U.S. now exports more oil than it ships in

Dec 06 2018

The United States last week exported more crude oil and fuel than it imported for the first time on record, according to data released on Thursday, the same day OPEC ended a meeting without a decision to curb global output to balance out the historic surge in U.S. supply.

UPDATE 10-Oil resumes sell-off as growing U.S. stockpiles feed oversupply fears

Nov 28 2018

* Prices slump more than 30 pct since the beginning of October

Oil slumps 7 percent to one-year low as rout extends to 12 days

Nov 13 2018

NEW YORK Oil's slide accelerated on Tuesday, with U.S. futures suffering their steepest one-day loss in more than three years due to ongoing worries about weakening global demand and oversupply. | Video

U.S. judge halts Keystone XL oil pipeline in blow to Trump, Trudeau

Nov 13 2018

WINNIPEG, Manitoba/NEW YORK A U.S. judge in Montana has blocked construction of the Keystone XL pipeline designed to carry heavy crude oil from Canada to the United States, drawing praise on Friday from environmental groups and a rebuke from President Donald Trump. | Video

U.S. judge halts Keystone XL pipeline, dealing project another setback

Nov 09 2018

Nov 9 A U.S. judge in Montana late Thursday halted construction of the Keystone XL pipeline that would carry heavy crude oil from Canada to the United States, throwing another obstacle in the path of the project that has been in development for a decade.

Oil slips after U.S. output hits record, crude stocks rise

Nov 07 2018

NEW YORK Oil prices slipped on Wednesday, continuing a recent slide after surging U.S. crude output hit another record and domestic inventories rose more than expected.

World News

Assad blocks access to Damascus for EU envoys: diplomats

Syria's President Bashar al-Assad has revoked special visas for European Union diplomats and officials traveling regularly between Beirut and Damascus, complicating efforts to distribute aid to civil war victims, three senior EU diplomats said.