Edition:
United Kingdom

Noah Browning

U.S. briefly overtakes Saudi Arabia as top oil exporter - IEA

12 Sep 2019

LONDON Global oil demand is weathering economic headwinds, the International Energy Agency (IEA) said on Thursday, buoyed by lower prices brought on by abundant supply as the United States briefly dethroned Saudi Arabia as the world's top exporter.

Go West: Nigerian oil skirts U.S. shale boom in journey to California

09 Sep 2019

LONDON/LAGOS Nigeria's oil, displaced by U.S. shale, has found an unlikely new outlet this year: the coast of the continental United States that is farthest from the African country's shores.

West African oil hits sweet spot as shipping upgrades to cleaner fuel

22 Aug 2019

* IMO 2020 fuel rules aim to reduce pollution, improve health

IEA says oil demand growth at lowest since 2008

09 Aug 2019

LONDON Mounting signs of an economic slowdown and a ratcheting up of the U.S.-China trade war have caused global oil demand to grow at its slowest pace since the financial crisis of 2008, the International Energy Agency (IEA) said on Friday.

Demand for Nigerian oil "dire" as U.S. competition ramps up

09 Aug 2019

LONDON Nigerian oil has suffered its slowest sales of the year in August, traders said, as U.S. exports of competing light, sweet grades flood traditional markets in Europe and Asia.

Demand for Nigerian oil "dire" as U.S. competition ramps up

09 Aug 2019

LONDON, Aug 9 Nigerian oil has suffered its slowest sales of the year in August, traders said, as U.S. exports of competing light, sweet grades flood traditional markets in Europe and Asia.

UPDATE 1-Chinese demand for Angolan oil rebounds ahead of IMO 2020

30 Jul 2019

LONDON, July 30 Angolan oil sales are bouncing back from a dismal summer as Asian refining margins have recovered and demand is rising ahead of a major change in marine fuel standards in 2020, traders say.

Chinese demand for Angolan oil rebounds ahead of IMO 2020

30 Jul 2019

LONDON, July 30 Angolan oil sales are bouncing back from a dismal summer as Asian refining margins have recovered and demand is rising ahead of a major change in marine fuel standards in 2020, traders say.

PES refinery outage adds to plight of homeless light sweet crude

19 Jul 2019

LONDON A June 21 fire and explosion set to permanently close the biggest oil refinery on the U.S. East Coast has shaken markets as far away as the North Sea and West Africa, leaving millions of barrels of unsold oil in need of a new home.

PES refinery expected to shut remaining units as crude dwindles: sources

17 Jul 2019

NEW YORK/PHILADELPHIA/LONDON The Philadelphia Energy Solutions refinery, the oldest and largest on the U.S. East Coast, is expected to shut its remaining units on Monday as the plant uses up the last of its crude supplies, sources said on Wednesday.

World News