Tag: oil
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Oil price drops more than 2% on talks over diesel, crude stock releases
LONDON, Oct 2 : Oil prices fell more than 2 per cent and European gasoil futures dropped about 5 per cent on Friday after reports of talks on additional diesel and crude stock releases, easing concerns over tight global energy supplies.Brent fell $2.57, or 2.51 per cent, to $99.74 a barrel at 1035 GMT. West…
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Oil falls about 3% on talks over diesel, crude stock releases
LONDON, Oct 2 : Oil prices fell about 3 per cent and European gasoil futures dropped over 5 per cent on Friday after reports of talks on additional diesel and crude stock releases, easing concerns over tight global energy supplies.Brent fell $2.83, or 2.77 per cent, to $99.48 a barrel at 0842 GMT. West Texas
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Carney hopes an oil pipeline can help Canada fight a trade war
A west coast pipeline project is the first to be fast-tracked and will be a major test of Carney’s promise to global investors.
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The true cost of Trump’s fuel economy rollbacks
Weakened US fuel-efficiency rules and promises of cheaper cars could yet see drivers pay higher running costs while increasing planet-heating emissions.
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Oil steadies as Gulf exports recover, US-Iran diplomacy in focus
NEW DELHI/TOKYO, Oct 1 : Oil prices held firm on Thursday as recovering Gulf crude exports and a surprise rise in US inventories eased supply concerns, while investors assessed renewed US-Iran diplomatic efforts to end the Middle East conflict. Brent crude futures were up 0.6 per cent to $98.67 a barrel by 07
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Oil dips as recovering Gulf exports ease supply fears, US-Iran diplomacy in focus
NEW DELHI/TOKYO, Oct 1 : Oil prices fell 1 per cent on Thursday as recovering crude exports from the Gulf and a surprise rise in US inventories eased supply concerns, while investors weighed renewed US-Iran diplomatic efforts to end their conflict in the Middle East. Brent crude futures fell 1.1 per cent to $
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Oil prices barely changed as investors assess US-Iran peace talks and Gulf exports
TOKYO, Oct 1 : Oil prices were nearly flat in early Asia trade on Thursday, following the previous day’s gains and steep monthly rises, as investors assessed the outcome of US-Iran peace talks and the outlook for Middle East crude exports.Brent crude futures rose 12 cents or 0.1 per cent, to $98.15 a barrel b
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Oil gains as stalled US-Iran talks trump supply recovery
LONDON, Sept 30 : Oil prices rose on Wednesday and were on track for a big monthly gain as US-Iran talks aimed at ending their war stalled and tight fuel markets continued to underpin prices despite recovering Middle East crude supplies.The Brent futures November contract, which expires on Wednesday, was up
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Oil steadies as stalled US-Iran talks offset supply recovery
LONDON, Sept 30 : Oil prices steadied on Wednesday but remained on track for a big monthly gain as US-Iran talks aimed at ending their war stalled, while tight fuel markets continued to underpin prices despite recovering Middle East crude supplies.The Brent futures November contract, which expires on Wednesda
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Aliko Dangote to launch Kenya oil refinery amid land protest in Lamu
The Kenya refinery is part of Dangote’s ambitious bid to expand and help industralise Africa by 2030.
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