Edition:
United Kingdom

Florence Tan

China's U.S. crude buying binge to set off global sweet oil shake-up

16 Jan 2020

SINGAPORE Sharply higher Chinese purchases of U.S. energy products as part of the China-U.S. trade deal will shake up global crude oil trade flows if American supplies squeeze rival crudes out of the top oil import market, trade sources said.

China's U.S. crude buying binge to set off global sweet oil shake-up

16 Jan 2020

SINGAPORE Sharply higher Chinese purchases of U.S. energy products as part of the China-U.S. trade deal will shake up global crude oil trade flows if American supplies squeeze rival crudes out of the top oil import market, trade sources said.

China's U.S. crude buying binge to set off global sweet oil shake-up

16 Jan 2020

* U.S. oil share fell to 1.4% of China's oil imports Jan-Nov 2019

Oil dips as markets await Iran response to U.S. killing of military commander

07 Jan 2020

SINGAPORE Oil prices edged lower on Tuesday, coming off their highest levels in months as the market calmed while the world braces for Iran's response to the killing of its top military commander by the United States.

Oil dips as markets await Iran response to U.S. killing of military commander

07 Jan 2020

* Iran more likely to focus on U.S. military targets - Eurasia

Oil surges again after Trump threatens Iraq sanctions, Iran retaliation

06 Jan 2020

SINGAPORE Oil prices shot more than 2% higher on Monday, with Brent rising above $70 a barrel, after U.S. President Donald Trump issued a threat to impose sanctions on Iraq amid escalating tensions with Iran in the Middle East.

Oil extends gains on rising Mideast tensions

06 Jan 2020

SINGAPORE, Jan 6 Oil prices added to recent gains on Monday, with Brent nearly at $70 a barrel as escalating tensions in the Middle East fanned worries about disruptions to supplies.

RPT-Oil price rise muted in 2019 despite sanctions, supply cuts, attack in Saudi Arabia

30 Dec 2019

NEW YORK/SINGAPORE, Dec 30 Oil prices rose more than 20% this year but there were no sharp spikes and crude futures barely sniffed $70 a barrel despite attacks on the world's biggest oil producer, sanctions that crippled crude exports of two OPEC members and gigantic supply cuts from big oil producing countries.

Saudi Arabia may cut light crude prices to Asia in February

30 Dec 2019

SINGAPORE Saudi Arabia, the world's biggest oil exporter, may cut the prices of its light crude grades sold to Asia in February on signs of slowing demand ahead of the region's peak refinery maintenance season, six trade sources said on Monday.

Oil price rise muted in 2019 despite sanctions, supply cuts, attack in Saudi Arabia

30 Dec 2019

NEW YORK/SINGAPORE Oil prices rose more than 20% this year but there were no sharp spikes and crude futures barely sniffed $70 a barrel despite attacks on the world's biggest oil producer, sanctions that crippled crude exports of two OPEC members and gigantic supply cuts from big oil producing countries.

World News