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Oil and Energy

18 October 01:48 PM China’s refinery throughputs hit fresh peak in September
Mubasher: China's crude oil refinery runs hit a record peak, climbing by 9.4% year-on-year in September.
18 October 12:34 PM Oil declines early Friday on weak China GDP figures
Mubasher: Oil prices declined earlier on Friday amid demand worries raised by figures showing the weakest economic growth of China since almost three decades.
17 October 06:07 PM US oil stockpiles surge in mid-October as futures drop
Mubasher: US crude oil stockpiles climbed by 9.3 million barrels to 434.9 million barrels in the week ended 11 October, the Energy Information Administration said.
17 October 05:32 PM US natural gas stockpiles jump as futures surge
Mubasher: US natural gas storage climbed by 104 billion cubic feet in the week ended 11 October, to a total of 3,519 Bcf.
17 October 12:55 PM Oil falls on climbing US crude inventories
Mubasher: Oil prices dropped on Thursday after industry figures showed a bigger-than-expected rise in the US crude inventories, according to Reuters.
16 October 01:18 PM Oil rises on Brexit optimism; weak growth outlook drags
Mubasher: Oil prices declined on Wednesday, dragged down by weaker fuel demand outlook amid lingering worries over a global economic slowdown.
15 October 12:37 PM Oil extends drop on weak China figures, global demand fears
Mubasher: Oil prices fell on Tuesday, extending heavy losses in the preceding session, after figures from China accentuated worries about fuel consumption growth.
14 October 10:56 AM Oil falls on few details on US-Sino ‘phase 1’ deal
Mubasher: Oil traded lower on Monday as last week's optimism retreated due to little details on phase one trade deal between the US and China.
11 October 10:32 PM Oil futures go up at Friday’s settlement
​​​​​​​Mubasher: Oil futures grew at Friday’s finish, rising 3.6% for the week.
11 October 02:14 PM IEA cuts 2020 oil demand forecast on dimmer GDP outlook
Mubasher: The International Energy Agency on Friday downgraded its projections for global oil demand next year, citing gloomy growth outlook.
11 October 10:48 AM Oil soars 2% after Iranian oil vessel explosion
Mubasher: Oil prices jumped by 2% on Friday after Iranian news outlets reported a state-owned oil carrier exploded in a suspected missile attack.
11 October 10:29 AM Iranian oil vessel explodes near Saudi port; crew unharmed
Mubasher: An Iranian oil carrier has been hit by two suspected missile attacks close to Saudi Arabian city of Jeddah earlier on Friday.
10 October 05:53 PM OPEC could consider more oil cuts–Barkindo
Mubasher: Further cut in oil supplies is among options for the Organization of the Petroleum Exporting Countries and its allies to be weighed next meeting.
10 October 05:33 PM US natural gas storage climbs as futures rally
Mubasher: US natural gas storage built up by 98 billion cubic feet in the week ended 4 October, to a total of 3,415.
10 October 04:41 PM OPEC oil output drops in September on declining Saudi supply
Mubasher: Oil output from member states of the Organization of the Petroleum Exporting Countries fell last September, led by supply shortage from Saudi Arabia.
10 October 11:19 AM Oil falls on fading US-China trade optimism
Mubasher: Oil fell on Thursday amid expectations that the US-China trade talks, due to resume this week, would not end in a resolution.
9 October 05:36 PM US oil stockpiles rise 2.9m barrels as futures surge
Mubasher: US crude oil inventories climbed by 2.9 million barrels to 425.6 million barrels in the week ended 4 October, the Energy Information Administration said.
9 October 11:07 AM Oil declines as US-Sino trade tensions raise demand worries
Mubasher: Oil fell on Wednesday as tensions mounted between the US and China ahead of this week's trade negotiations, triggering uncertainties for global economic growth.
8 October 12:14 PM Oil rises on Iraq unrest amid anticipation for US-Sino talks
Mubasher: Oil traded higher on Tuesday as supply worries mounted due to the unrest in crude exporters Iraq, while demand concerns were muted.
7 October 12:48 PM Oil rises on cautious hopes on US-China trade talks
Mubasher: Oil prices rose on Monday as markets were cautiously hopeful of a recovery from last week’s losses on progress in the US-China negotiations.
4 October 11:08 AM Oil climbs but heads for weekly drop over demand jitters
Mubasher: Oil prices were higher on Friday, but were heading for big weekly losses amid worries that global economic growth slowdown could dampen fuel demand.
3 October 05:35 PM US natural gas storage surges as futures fall
Mubasher: The US natural gas storage jumped by 112 billion cubic feet (Bcf) in the week ended 27 September, to a total of 3,317 Bcf.
3 October 01:48 PM Oil edges down on dismal economic outlook
Mubasher: Oil declined on Thursday as frail hopes for a progress towards a resolution to the US-China trade conflict.
2 October 05:39 PM US crude oil inventories rise 3.1m barrels as futures fall
Mubasher: US crude oil stockpiles jumped by 3.1 million barrels to 422.6 million barrels in the week ended 27 September.
2 October 11:26 AM Oil climbs on unexpected US crude inventory drawdown
Mubasher: Oil prices rose on Wednesday, paring losses seen during several sessions, as industry figures showed an unexpected drawdown in US crude stockpiles.