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21 April 05:05 PM

Oil and Energy

19 April 10:37 AM US oil rigs decline for first time in 3 weeks
US energy producers reduced this week the number of active US oil rigs for the first time in three weeks, Reuters reported, citing Baker Hughes.
Global Reports
19 April 12:20 AM Oil levels up at Thursday’s settlement
​​​​​​​Mubasher: Oil settled higher on Thursday, as the US reported higher natural gas stockpiles.
Oil and Energy
18 April 05:34 PM US natural gas storage posts weekly build as prices drop
The US natural gas inventories rose by 92 billion cubic feet (Bcf) in the week ended 12 April, totalling 1,247 Bcf.
Global Markets brief
18 April 10:35 AM Oil dips as sufficient US supply offsets crude stockpile decline
The impact of a surprise drop in US crude inventories was wiped out by a surge in the in the country’s output.
Oil and Energy
18 April 12:38 AM Oil settles lower on Wednesday  
Mubasher: Oil went down at Wednesday’s settlement despite the decline in the US crude stockpiles.
Oil and Energy
17 April 05:38 PM US crude stockpiles decline as oil prices rise
US crude oil inventories fell by 1.4 million barrels to 455.2 million barrels in the week ended 12 April.
Global Markets brief
17 April 01:30 PM Oil gains on China demand, declining US crude inventories
Oil rose on signs of strong demand from refiners in China and a surprise drop in US stockpiles.
Global Reports
17 April 12:12 AM Oil goes up at Tuesday’s settlement
Mubasher: Oil settled higher on Tuesday on the back of expected positive oil output data from the US.
Oil and Energy
16 April 11:31 AM Oil extends fall early Tuesday on supply surplus fears
Oil extended its dive earlier on Tuesday after Moscow stated that Russia and OPEC may ramp up production.
Global Reports
16 April 11:30 AM US shale oil output to climb 80,000 bpd in May
Oil production from seven key US shale plays is set to jump by 80,000 next May to 8.460 million barrels per day.
Oil and Energy
15 April 10:42 AM Oil slips Monday, but remains supported by global supply jitters
Oil prices went down on Monday, but concerns over global supplies offered support.
Oil and Energy
13 April 09:32 PM Oil may reach $40 if Russia, OPEC up oil output
Mubasher: Russia and OPEC are expected to increase oil output to stand a chance amid tough competition with the US.
Oil and Energy
13 April 12:20 AM Oil goes up on Friday, in week
Mubasher: Oil settled higher on Friday, as the conflict in Libya saw grave developments.
Oil and Energy
12 April 10:58 AM Oil rises on tight supply, but demand concerns cap gains
Oil went up on Friday, supported by the supply cuts led by the Organization of the Petroleum Exporting Countries and sanctions on Iran and Venezuela.
Global Markets brief
12 April 12:23 AM Oil settles lower on Thursday
Mubasher: Oil went down at Thursday's settlement, as worries over global demand arose.
Oil and Energy
11 April 05:35 PM US natural gas storage climbs in week as prices drop
The US natural gas inventories rose by 25 billion cubic feet (Bcf) in the week ended 5 April, totalling 1,155 Bcf.
Global Reports
11 April 05:26 PM Oil market supply seen tightening, but demand may wane–IEA
Oil markets are showing signs of tight supplies at the beginning of the second quarter, IEA said on Thursday.
Global Markets brief
11 April 12:04 PM Oil prices sink on rising US stockpile, economic growth fears
Oil dropped on Thursday after official figures showed that US crude inventories jumped, amid fears over fuel demand growth.
Global Reports
11 April 12:50 AM Oil goes up at Wednesday’s settlement on declined US stockpiles
Mubasher: Oil futures settled higher on Wednesday, marking its highest level since 31 October.
Oil and Energy
10 April 05:34 PM US crude stockpiles rise as oil prices jump
US crude oil stockpiles climbed by 7 million barrels to 456.5 million barrels in the week ended 5 April.
Global Markets brief
10 April 04:59 PM OPEC downgrades crude demand 2019 outlook
The Organization of the Petroleum Exporting Countries cut its global demand outlook for last year and this year.
Global Reports
10 April 04:08 PM OPEC crude output falls to 4-yr trough in March
Oil supplies from the Organization of the Petroleum Exporting Countries slid to their lowest level in four years in March.
Global Reports
10 April 11:18 AM Oil rises on tight supply; economic slowdown forecasts cap gains
Oil prices edged up on Wednesday on tightening market supply, amid expectations that an economic slowdown could soon dampen crude consumption.
Global Markets brief
10 April 12:37 AM Oil levels down at Tuesday’s settlement
Mubasher: Oil futures settled lower on Tuesday, as some factors threatened to compromise OPEC+ efforts to cut output.  
Oil and Energy
9 April 12:13 PM Goldman raises 2019 crude price estimates on output curbs, sanctions
Forecasts were raised as market supply being tightened by the "shock and awe" implementation of output curbs and US sanctions.
Global Reports