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Stephanie Kelly

Oil climbs over $1/bbl on U.S.-China trade deal hopes, Mideast tension

1:37am BST

NEW YORK Oil prices rose more than $1 a barrel on Tuesday after news that China and the United States were resuming trade talks ahead of a meeting at the G20 summit later this month, spurring hopes that the two countries would resolve an ongoing trade war.

Oil prices fall 1% as economic worries outweigh tanker tensions

17 Jun 2019

NEW YORK Oil prices fell more than 1% on Monday after more poor Chinese economic figures fanned fears of lower worldwide oil demand.

Oil steadies as demand concerns counter OPEC cuts

11 Jun 2019

NEW YORK Oil prices were steady on Tuesday, weighed by concerns about a global economic slowdown that could dent crude demand, but supported by expectations that OPEC and its allies will extend their supply curbs.

Jet fuel costs could rise from new rules to improve air quality

10 Jun 2019

NEW YORK Prices for jet fuel for later this year and into 2020 are expected to rise due to new marine fuel regulations - as the need for lower-sulfur fuels in ships cuts into the available supply for similar distillates like diesel or jet fuel.

Jet fuel costs could rise from new rules to improve air quality

10 Jun 2019

NEW YORK, June 10 Prices for jet fuel for later this year and into 2020 are expected to rise due to new marine fuel regulations - as the need for lower-sulfur fuels in ships cuts into the available supply for similar distillates like diesel or jet fuel.

Oil falls 1% amid U.S.-China trade dispute, uncertainty on supply cuts

10 Jun 2019

NEW YORK Oil prices fell more than 1% on Monday as U.S.-China trade tensions continued to threaten demand for crude and as major producers Saudi Arabia and Russia had yet to agree on extending an output-cutting deal.

Oil rises nearly 3% as Saudi signals OPEC deal extension, stocks rally

07 Jun 2019

NEW YORK Oil prices rose nearly 3% on Friday, climbing further from five-month lows hit this week, after Saudi Arabia said OPEC was close to agreeing to extend an output production cut beyond June and as Wall Street rallied. | Video

Airlines complain about rates to ship jet fuels on Buckeye's pipeline

06 Jun 2019

NEW YORK Major airline companies have complained to U.S. regulators about fees to ship jet fuel on Buckeye Pipe Line Company's refined products line to New York City area airports, saying they have each overpaid between $900,000 and $1.7 million.

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