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Oil up on escalating US-Iran tensions, but trade war worries cap gains

Posted by Daniel Barton
|Date: May 21, 2019
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Oil up on escalating US-Iran tensions, but trade war worries cap gains

Oil prices rose on Tuesday on escalating U.S.-Iran tensions and amid expectations that producer club OPEC ...

Oil prices rose on Tuesday on escalating U.S.-Iran tensions and amid expectations that producer club OPEC will continue to withhold supply this year. But gains were checked by concerns that a prolonge ...

May 21, 2019
| by Daniel Barton

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U.S. oil drillers cut rigs to lowest count since March 2018

Posted by Daniel Barton
|Date: May 19, 2019
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U.S. oil drillers cut rigs to lowest count since March 2018

U.S. energy firms this week reduced the number of oil rigs operating for the second week in a row, with t ...

U.S. energy firms this week reduced the number of oil rigs operating for the second week in a row, with the rig count at its lowest since March 2018, as some drillers follow through on plans to cut sp ...

May 19, 2019
| by Daniel Barton

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US crude slips 11 cents, settling at $62.76, but posts 1.8% weekly gain on Mideast tensions

Posted by Daniel Barton
|Date: May 17, 2019
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US crude slips 11 cents, settling at $62.76, but posts 1.8% weekly gain on Mideast tensions

Oil prices slipped on Friday, but both benchmarks posted a weekly gain on rising concerns over further Mi ...

Oil prices slipped on Friday, but both benchmarks posted a weekly gain on rising concerns over further Middle East supply disruptions due to U.S.-Iran political tensions. A deputy head of Iran’s elite ...

May 17, 2019
| by Daniel Barton

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Oil falls on U.S. inventories rise, Middle East tensions cap losses

Posted by Daniel Barton
|Date: May 16, 2019
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Oil falls on U.S. inventories rise, Middle East tensions cap losses

Oil prices rose on Thursday for the third day in a row as fears of supply disruptions amid heightened ten ...

Oil prices rose on Thursday for the third day in a row as fears of supply disruptions amid heightened tensions in the Middle East overshadowed swelling U.S. crude inventories. U.S. West Texas Intermed ...

May 16, 2019
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Oil prices rise after Middle East tanker attacks

Posted by Daniel Barton
|Date: May 13, 2019
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Oil prices rise after Middle East tanker attacks

NEW YORK, May 13 (Reuters) – Oil prices rose more than 1% on Monday, lifted by growing concern over suppl ...

NEW YORK, May 13 (Reuters) – Oil prices rose more than 1% on Monday, lifted by growing concern over supply disruptions in the Middle East even as a standoff in the Sino-U.S. trade talks prompted inves ...

May 13, 2019
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Oil prices slump after Trump’s tariff threat against China

Posted by Daniel Barton
|Date: May 07, 2019
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Oil prices slump after Trump’s tariff threat against China

Oil prices tumbled on Monday after U.S. President Donald Trump said he would sharply raise tariffs on Chi ...

Oil prices tumbled on Monday after U.S. President Donald Trump said he would sharply raise tariffs on Chinese goods this week, risking the derailment of trade talks between the world’s two biggest eco ...

May 07, 2019
| by Daniel Barton

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Oil prices hit 2019 highs after U.S. says to end all Iran sanction waivers

Posted by Daniel Barton
|Date: April 23, 2019
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Oil prices hit 2019 highs after U.S. says to end all Iran sanction waivers

Oil prices hit 2019 highs on Tuesday after Washington announced all Iran sanction waivers would end by Ma ...

Oil prices hit 2019 highs on Tuesday after Washington announced all Iran sanction waivers would end by May, pressuring importers to stop buying from Tehran. Despite the move by Washington, analysts sa ...

April 23, 2019
| by Daniel Barton

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US crude rises 31 cents, settling at $63.89, on tightening oil supply

Posted by Daniel Barton
|Date: April 13, 2019
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US crude rises 31 cents, settling at $63.89, on tightening oil supply

Oil prices on Friday as involuntary supply cuts from Venezuela and Iran plus conflict in Libya supported ...

Oil prices on Friday as involuntary supply cuts from Venezuela and Iran plus conflict in Libya supported perceptions of a tightening crude market, while upbeat Chinese economic data eased concerns abo ...

April 13, 2019
| by Daniel Barton

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US crude falls 1.6%, settling at $63.58, as oil futures retreat from 5-month highs

Posted by Daniel Barton
|Date: April 11, 2019
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US crude falls 1.6%, settling at $63.58, as oil futures retreat from 5-month highs

Oil prices fell on Thursday, after rising to five-month highs earlier this week on OPEC-led production cu ...

Oil prices fell on Thursday, after rising to five-month highs earlier this week on OPEC-led production cuts and free-falling Venezuelan output. U.S. West Texas Intermediate crude oil futures settled $ ...

April 11, 2019
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Rare glimpse into Saudi Aramco shows $111 billion net profit

Posted by Daniel Barton
|Date: April 02, 2019
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Rare glimpse into Saudi Aramco shows $111 billion net profit

DUBAI, United Arab Emirates – Saudi Aramco’s net profits reached $111 billion last year, according to an ...

DUBAI, United Arab Emirates – Saudi Aramco’s net profits reached $111 billion last year, according to an assessment published Monday by Moody’s Investors Services that offered a rare glimpse into the ...

April 02, 2019
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N.W.T. ignored in Alberta monitoring suspension despite agreement: leaked emails

Heavy discount narrows as reduced production offsets lower demand

Shell mulls more carbon capture projects in Alberta as Quest hits 5 million tonne milestone

Varcoe: Risks rising on Alberta’s multibillion-dollar pipeline investment

Heavy discount widens as producers ease production cuts

Oil producers on hook for millions in contingency payments to TC Energy if Keystone XL cancelled

Kenney defends hiring ex-MLA for trade office who gave up seat for Kenney to run

Oil-price shock couldn’t come at a worse time for global economy in grip of deepening downturn

Saudi oil attack too sophisticated for Yemen rebels, U.S. says, and photos, location implicate Iran

Varcoe: Oil taps coming back on, but industry keeps tight grip on spending

Oil up on escalating US-Iran tensions, but trade war worries cap gains

Oil up on escalating US-Iran tensions, but trade war worries cap gains

U.S. oil drillers cut rigs to lowest count since March 2018

U.S. oil drillers cut rigs to lowest count since March 2018

US crude slips 11 cents, settling at $62.76, but posts 1.8% weekly gain on Mideast tensions

US crude slips 11 cents, settling at $62.76, but posts 1.8% weekly gain on Mideast tensions

Oil falls on U.S. inventories rise, Middle East tensions cap losses

Oil falls on U.S. inventories rise, Middle East tensions cap losses

Oil prices rise after Middle East tanker attacks

Oil prices rise after Middle East tanker attacks

Oil prices slump after Trump’s tariff threat against China

Oil prices slump after Trump’s tariff threat against China

Oil prices hit 2019 highs after U.S. says to end all Iran sanction waivers

Oil prices hit 2019 highs after U.S. says to end all Iran sanction waivers

US crude rises 31 cents, settling at $63.89, on tightening oil supply

US crude rises 31 cents, settling at $63.89, on tightening oil supply

US crude falls 1.6%, settling at $63.58, as oil futures retreat from 5-month highs

US crude falls 1.6%, settling at $63.58, as oil futures retreat from 5-month highs

Rare glimpse into Saudi Aramco shows $111 billion net profit

Rare glimpse into Saudi Aramco shows $111 billion net profit