Edition:
United States

Simon Falush

Oil edges up on dollar retreat after mixed IEA report

Apr 14 2016

LONDON Oil rose slightly on Thursday after the International Energy Agency (IEA) trimmed its forecast for demand growth but said a fall in oil output in the United States was speeding up.

Oil industry keeps champagne flowing despite price slump

Feb 04 2016

LONDON Azerbaijan and Algeria have been battered by a slump in oil prices, but their national energy companies will still lay on lavish hospitality next week in London when the industry gathers for its annual string of parties and networking events. 

Oil down again to 12-year low; $30 handle looks more likely

Jan 07 2016

NEW YORK/LONDON Oil prices fell for a fourth day on Thursday, lurching again to 12-year lows as new financial market tumult in China brought a $30 per barrel handle within view. | Video

Oil down again to 12-year low; $30 handle looks more likely

Jan 07 2016

NEW YORK/LONDON Oil prices fell for a fourth day on Thursday, lurching again to 12-year lows as new financial market tumult in China brought a $30 per barrel handle within view. | Video

Oil down again to 12-year low; $30 handle looks more likely

Jan 07 2016

NEW YORK/LONDON Oil prices fell for a fourth day on Thursday, lurching again to 12-year lows as new financial market tumult in China brought a $30 per barrel handle within view.

Oil slides to new 11-year low as Saudi-Iran row cuts chance of output curbs

Jan 06 2016

LONDON Oil prices slid more than 4 percent to new 11-year lows on Wednesday as the row between Saudi Arabia and Iran made any cooperation between major exporters to cut output even more unlikely.

Oil nears 11-year low on oversupply, strong dollar

Dec 17 2015

LONDON Oil slipped toward an 11-year low on Thursday, dented further by a seemingly relentless build in oversupply, and as the dollar strengthened after the U.S. Federal Reserve raised interest rates for the first time in nearly a decade.

Iran's oil return to boost SUMED volumes - Egypt oil min

Nov 06 2015

LONDON, Nov 6 Egypt anticipates a ramp-up in oil volumes through the SUMED pipeline once Iran re-enters the world market - a move that is welcomed by Cairo, the country's petroleum minister Tarek El Molla told Reuters on Friday.

Top oil traders wary of tapping their war chests

Oct 22 2015

LONDON The world's biggest oil traders are sitting on a war chest worth billions of dollars, but are reluctant to embark on a spending spree, because the pool of available assets is either too pricey or simply not for sale.

Oil slips under $49 on inventory rise

Oct 15 2015

LONDON Oil fell under $49 per barrel on Thursday, as selling continued after expectation U.S. government data will show a rise in inventories.

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