* Brent crude to average $75 per barrel this year -RBC
* U.S. crude inventories rise to highest since November 2017
SINGAPORE, April 10 Oil prices edged back
towards five-month highs on Wednesday, supported by ongoing
supply cuts by producer club OPEC and U.S. sanctions against oil
exporters Iran and Venezuela.
SINGAPORE, April 9 Oil prices on Tuesday reached
their highest since November as concerns over exports from
war-torn Libya stoked tightness in the market, with global
supply already hit by OPEC-led production cuts and U.S.
sanctions on Iran and Venezuela.
SINGAPORE China's natural gas demand is set to grow by 14 percent in 2019 amid a huge government push to spur consumption of the fuel, a senior industry executive said, requiring the nation to import huge amounts of liquefied natural gas (LNG).
SINGAPORE, April 8 Oil prices rose to their
highest levels since Nov. 2018 on Monday, driven up by OPEC's
ongoing supply cuts and U.S. sanctions against Iran and
SINGAPORE Australian thermal coal prices this week registered their biggest weekly fall since the financial market turmoil of a decade ago as demand plunged with the end of winter and amid worries over the strength of the global economy.
* Lower prices come amid concerns of possible global
SINGAPORE Saudi Aramco was by far the world's biggest oil producer ahead of regional peers like Abu Dhabi National Oil Company (ADNOC) and listed oil majors Royal Dutch Shell, Total and BP, ratings agency Fitch said on Monday.
SINGAPORE, April 1 Saudi Aramco was by far the
world's biggest oil producer ahead of regional peers like Abu
Dhabi National Oil Company (ADNOC) and listed oil majors Royal
Dutch Shell, Total and BP, ratings
agency Fitch said on Monday.