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14 December 02:51 PM

Oil and Energy

4 hours ago Oil falls on China economy fears, as supply curbs support
Oil fell on Friday amid worries about the slowdown in Chinese economic growth, but supply curbs announced by oil producers offered some support for prices.
Global Markets brief
12:34 AM Oil settles with big gains 
Oil prices ended today's trading session on a higher note supported by plans by major producers to cut crude output
Oil and Energy
13 December 06:34 PM US natural gas storage drops as prices surge
The US natural gas inventories dropped by 77 billion cubic feet (Bcf) in the week ended 7 December to a total of 2,914 Bcf.
Global Markets brief
13 December 01:47 PM Global oil supply could tighten more rapidly in 2019–IEA
The global oil market could shift into supply shortage sooner than expected, the International Energy Agency said on Thursday.
Global Markets brief
13 December 11:02 AM Oil hikes on lower US stockpile, easing trade tensions
Oil edged up on Thursday, driven by a drop in US crude inventories, with Beijing taking concrete actions to implement a ceasefire with Washington.
Oil and Energy
12 December 11:47 PM Oil prices ends Wednesday on lower note
Oil prices settled lower despite rising earlier in the session after data showed that crude inventories declined for the second week
Oil and Energy
12 December 06:35 PM US crude inventories fall as oil prices climb
US crude oil inventories declined by 1.2 million barrels to 442 million barrels in the week ended 7 December.
Global Markets brief
12 December 05:24 PM Kuwait crude oil drops $1.47 on Tuesday – KPC
Global Reports
12 December 04:55 PM ADNOC notifies customers of production cut – Al Mazroui
The UAE is OPEC's fourth largest producer
Global Markets brief
12 December 04:23 PM OPEC November oil output slips; Iran shortfall offsets Saudi surge
Oil production from the 15-member Organization of Petroleum Exporting Countries fell in November, as shortage in Iranian output offset surge in supplies from Saudi Arabia.
Oil and Energy
12 December 11:18 AM Oil climbs on Asian share market recovery, OPEC-led curbs
Oil jumped on Wednesday as stock markets recovered, while output curbs led by the Organization of Petroleum Exporting Countries are set to stabilise supply-demand balance.
Global Reports
12 December 10:46 AM Aramco awards SAR 75m deals to Saudi Steel Pipe
Aramco awards SAR 75m deals to Saudi Steel Pipe
Oil and Energy
12 December 12:23 AM Oil prices ends Tuesday on higher note
Oil prices slightly rose on Tuesday, supported by another disruption in Libyan output.
Oil and Energy
11 December 02:52 PM GE’s unit to build oilfield service facility at Saudi SPARK
GE’s unit to build oilfield service facility at Saudi SPARK
Global Markets brief
11 December 11:15 AM Oil edges up on Libyan oilfield shutdown; markets remain weak
Oil inched up earlier on Tuesday after Libya's National Oil Company declared force majeure on output from the El Sharara, controlled by a militia group.
Global Markets brief
10 December 02:01 PM ENOC to launch 45 new service stations in Saudi Arabia
The move comes along with the Ministry of Municipal and Rural Affairs’ plan to construct up to 1,200 petrol stations
Global Markets brief
10 December 11:16 AM Brent climbs after producers seal supply cut deal; outlook dims
Brent crude oil prices rose on Monday after OPEC and some allied producers agreed on supply cut on Friday.
Oil and Energy
9 December 05:35 PM GCC fuel prices seesaw on global market conditions – Survey
Fuel prices in the GCC nations witnessed an increase in 2018 compared to a year earlier to be in line with global market prices.
Oil and Energy
7 December 11:45 PM Oil scores 2nd weekly rise in row
Crude prices were supported by the new OPEC output deal
Oil and Energy
7 December 06:34 PM US natural gas storage falls as prices climb
US natural gas inventories dropped by 63 billion cubic feet (Bcf) in the week ended 30 November to a total of 2,991 Bcf.
Global Markets brief
7 December 06:00 PM OPEC, Russia agree on oil supply curbs
The Organization of Petroleum Exporting Countries on Friday agreed with Russia on significantly cutting oil production, clearing a global supply glut.
Global Reports
7 December 11:22 AM Oil falls as OPEC awaits Russia decision for output cuts
Oil slid on Friday as the Organization of Petroleum Exporting Countries moved to postpone its final decision on production cuts, awaiting Russian support.
Global Markets brief
7 December 12:21 AM Oil prices settle lower, await OPEC decision
Nymex futures for January delivery lost 2.7%
Oil and Energy
6 December 07:10 PM US crude stockpiles drop as oil prices dive
Oil and Energy
6 December 05:58 PM Russia faces climate difficulties in cutting output
Russia would face more difficulties in cutting oil production levels, due to cold conditions at oil fields in winter, Energy Minister Alexander Novak said.
Global Markets brief