Edition:
United Kingdom

Jessica Resnick-Ault

U.S. crude stockpiles fall more than expected in week: EIA

16 Jan 2019

NEW YORK U.S. crude oil stocks fell more than expected last week, while gasoline and distillate inventories rose more than forecast, the Energy Information Administration said on Wednesday.

Oil rises about three percent on economic stability hopes

15 Jan 2019

NEW YORK Oil prices rose about 3 percent on Tuesday, along with world stock markets, supported by China's plan to introduce policies to stabilise a slowing economy, reversing the previous session's losses due to grim data in the world's second-largest economy.

UPDATE 1-U.S. oil output to rise to 12.9 million bpd in 2020 - EIA

15 Jan 2019

NEW YORK, Jan 15 Crude oil output from the United States is expected to rise to a new record of more than 12 million barrels per day (bpd) this year and to climb to nearly 13 million bpd next year, the U.S. Energy Information Administration said on Tuesday in its first 2020 forecast.

U.S. oil output to rise to 12.9 million bpd in 2020: EIA

15 Jan 2019

NEW YORK Crude oil output from the United States is expected to rise to a new record of more than 12 million barrels per day (bpd) this year and to climb to nearly 13 million bpd next year, the U.S. Energy Information Administration said on Tuesday in its first 2020 forecast.

U.S. crude stocks fall less than expected, products build sharply: EIA

09 Jan 2019

NEW YORK U.S. crude oil stockpiles fell less than expected last week according to a largely bearish report on Wednesday from the Energy Information Administration, which also showed that gasoline and distillate inventories rose more than expected.

UPDATE 1-U.S. crude stocks fall less than expected, products build sharply -EIA

09 Jan 2019

NEW YORK, Jan 9 U.S. crude oil stockpiles fell less than expected last week according to a largely bearish report on Wednesday from the Energy Information Administration, which also showed that gasoline and distillate inventories rose more than expected.

Oil prices rise over 2 percent on trade talk optimism

08 Jan 2019

NEW YORK Oil prices rose more than 2 percent on Tuesday, supported by hopes that crude demand may rise more quickly if talks between U.S. and Chinese officials resolve the trade dispute between the world's two biggest economies.

Wall Street may gain Monday but unlikely to mute December losses

31 Dec 2018

BOSTON Investors could see one last boost to Wall Street stocks in the final trading session of the year on Monday, but they do not expect gains to offset losses in the worst December since the 1930s.

Oil plunges 6 percent as economic slowdown fears grip market

24 Dec 2018

NEW YORK Oil prices plunged more than 6 percent to the lowest level in more than a year on Monday, pulling back sharply late in the session as fears of an economic slowdown rattled the market.

Crude drops more than 11 percent in week as supply weighs

21 Dec 2018

NEW YORK Oil prices fell on Friday to their lowest since the third quarter of 2017, heading for losses of more than 11 percent in a week, as global oversupply kept buyers away from the market ahead of holidays over the next two weeks.

World News