Edition:
United Kingdom

Jonathan Leff

Oil rout over, OPEC aims for $50 anchor, says PIRA's Ross

08 Mar 2016

Major OPEC producers are privately starting to talk about a new oil price equilibrium of $50 a barrel, adding to signs that the market's long, deep rout is officially over, says one of the industry's leading prognosticators.

Forget the glut, oil enters irrational territory

22 Jan 2016

World oil markets quietly breached an important barrier as they crashed nearly 30 percent to below $30 a barrel in the opening weeks of 2016, crossing the fuzzy line separating a rational response to fundamentals from an irrational fear where the only way forward is down, down, down.

Nach Ende der Iran-Sanktionen Annäherung im Eiltempo

17 Jan 2016

Wien/Berlin Nach der Aufhebung der Iran-Sanktionen treiben die Führung des jahrelang isolierten Ölstaats und der Westen eine Normalisierung ihrer Wirtschaftsbeziehungen im Eiltempo voran.

Exclusive: China buys first U.S. crude cargo since end of export ban - source

15 Jan 2016

China’s state-run oil refiner Sinopec Corp has purchased its first ever batch of U.S. crude oil for export, a source told Reuters on Thursday, a landmark transaction after the ending of a four-decade ban on domestic exports.

A $70 oil floor? Fat chance, but OPEC price plan may be first step

14 Oct 2015

HOUSTON/NEW YORK The safe money for oil traders is betting that Venezuela's plan to resurrect OPEC's old price band mechanism, attempting to set a $70 floor for the battered market, will be doomed from the start.

RPT-ANALYSIS- A $70 oil floor? Fat chance, but OPEC price plan may be first step

14 Oct 2015

HOUSTON/NEW YORK, Oct 13 The safe money for oil traders is betting that Venezuela's plan to resurrect OPEC's old price band mechanism, attempting to set a $70 floor for the battered market, will be doomed from the start.

A $70 oil floor? Fat chance, but OPEC price plan may be first step

14 Oct 2015

HOUSTON/NEW YORK The safe money for oil traders is betting that Venezuela's plan to resurrect OPEC's old price band mechanism, attempting to set a $70 floor for the battered market, will be doomed from the start.

Analysis - A $70 oil floor? Fat chance, but OPEC price plan may be first step

14 Oct 2015

HOUSTON/NEW YORK The safe money for oil traders is betting that Venezuela's plan to resurrect OPEC's old price band mechanism, attempting to set a $70 floor for the battered market, will be doomed from the start.

ANALYSIS- A $70 oil floor? Fat chance, but OPEC price plan may be first step

14 Oct 2015

HOUSTON/NEW YORK, Oct 14 The safe money for oil traders is betting that Venezuela's plan to resurrect OPEC's old price band mechanism, attempting to set a $70 floor for the battered market, will be doomed from the start.

Commodity company distress may be turning point for markets

02 Oct 2015

NEW YORK Commodity traders have a message for big raw material producers: modest cutbacks in production are not enough; they want to see blood.

World News