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May 24, 2022

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Oil slips more than 1%, dogged by recession fears

Reuters
Oil tankers are seen at a terminal of Sinopec Yaogang oil depot in Nantong, Jiangsu province, China June 11, 2019. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register Hungary ups stakes in EU oil sanctions talks U.S. crude stocks jump on strategic reserves release – EIA Iraq’s April......

U.S. oil settles below $100 a barrel on economic worries, strong dollar

Reuters
A sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus Mordant Register now for FREE unlimited access to Reuters.com Register EU members struggle to reach deal on Russian oil ban Fed’s Mester: 50-basis-point rate......

Oil rises, defying stock market falls as supply concerns persist

Reuters
Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan November 13, 2021. REUTERS/Pavel Mikheyev Register now for FREE unlimited access to Reuters.com Register U.S. plans to buy back 60 mln barrels for emergency stockpile U.S. Senate......

Column: U.S. distillate stocks fall critically low: Kemp

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Storage tanks are seen at Marathon Petroleum’s Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel, and other petroleum products, in Carson, California, U.S., March 11, 2022. REUTERS/Bing Guan Register now for FREE unlimited access to Reuters.com Register LONDON, May......

Oil climbs on supply jitters as EU lays out Russian oil ban

Reuters
A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson Register now for FREE unlimited access to Reuters.com Register France expects EU consensus on Russian oil ban by end of week OPEC+ set to stick to modest oil output rises amid price rally Rising oil......

Oil bounces higher ahead of Fed moves, EU sanctions on Russian oil

Reuters
Storage tanks are seen at the Petroineos Ineos petrol refinery in Lavera, France, March 29, 2022. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register U.S. crude stocks fall 3.5 mln bbls last week – API EU set to unveil sanctions on Russian oil Beijing tightens COVID curbs......

Oil prices rally on report that Germany drops opposition to Russian oil embargo

Reuters
A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson Register now for FREE unlimited access to Reuters.com Register NEW YORK, April 28 (Reuters) – Oil prices rallied on Thursday after reports that Germany is no longer opposed to an embargo on Russian oil, which......

Japan to auction 4.8 mln barrels of national reserve oil on May 10

Reuters
An aerial view shows an oil factory of Idemitsu Kosan Co. in Ichihara, east of Tokyo, Japan November 12, 2021, in this photo taken by Kyodo. Mandatory credit Kyodo/via REUTERS Register now for FREE unlimited access to Reuters.com Register TOKYO, April 22 (Reuters) – Japan will hold an auction on......

Oil prices rebound after sharp losses as supply concerns dominate

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An employee holds a sample of crude oil at the Yarakta oilfield, owned by Irkutsk Oil Co, in the Irkutsk region, Russia on March 11, 2019. REUTERS/Vasily Fedosenko Register now for FREE unlimited access to Reuters.com Register U.S. crude stocks fell by 4.5 mln bbls last week – API IMF......

Oil markets open slightly lower as market weighs mixed supply signals

Reuters
Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan November 13, 2021. REUTERS/Pavel Mikheyev Register now for FREE unlimited access to Reuters.com Register April 14 – Oil futures were down slightly Thursday morning, after rising sharply......

Oil prices ease on weaker economic data from China, Japan

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Active pumpjacks from oil wells are pictured at the Inglewood Oil Field, the largest urban oil field in the United States, from the Baldwin Hills Scenic Overlook in Culver City, California, U.S., March 10, 2022. Picture taken March 10, 2022. REUTERS/Bing Guan Register now for FREE unlimited access to Reuters.com......

Column: Hedge funds struggle with triple uncertainties on oil: Kemp

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A maze of crude oil pipe and equipment is seen with the American and Texas flags flying in the background during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S. June 9, 2016. REUTERS/Richard Carson/File Photo Register now for FREE unlimited access to......

IEA states agree on coordinated oil release but not volumes – Japan

Reuters
A general view shows a local oil refinery behind residential buildings in Omsk, Russia February 10, 2021. REUTERS/Alexey Malgavko/File Photo Register now for FREE unlimited access to Reuters.com Register TOKYO, April 1 (Reuters) – U.S.-allied countries on Friday agreed to their second coordinated oil release in a month to calm......

Biden spurs record emergency oil release in ‘moment of peril’ for world

Reuters
The Bryan Mound Strategic Petroleum Reserve, an oil storage facility, is seen in this aerial photograph over Freeport, Texas, U.S., April 27, 2020. REUTERS/Adrees Latif Register now for FREE unlimited access to Reuters.com Register WASHINGTON, March 31 (Reuters) – President Joe Biden on Thursday launched the largest release ever from......

Oil prices dive as U.S. considers record reserves release

Reuters
Storage tanks are seen at Marathon Petroleum’s Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel, and other petroleum products, in Carson, California, U.S., March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan Register now for FREE unlimited access......

Oil prices rise as U.S. stockpiles decline amid tight market

Reuters
A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register NEW DELHI, March 23 (Reuters) – Oil prices rose on Wednesday as a reported drop in U.S. crude......

IEA says market may lose 3 mln bpd of Russian oil next month

Reuters
LONDON, March 16 (Reuters) – Oil markets could lose three million barrels per day (bpd) of Russian crude and refined products from April, the International Energy Agency (IEA) said on Wednesday, exceeding the one million bpd per day demand drop high prices are expected to cause. The Paris-based watchdog said......

Oil falls below $100 on Russia-Ukraine talks, demand concerns

Reuters
Oil storage containers are seen, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, U.S., April 7, 2021. REUTERS/Lucy Nicholson/Files Register now for FREE unlimited access to Reuters.com Register Russia says some deals with Ukraine close to being agreed China’s new locally transmitted COVID-19 cases nearly halve IEA lowers......

Oil records worst day since pandemic as UAE calls for output hike

Reuters
Brent crude records worst daily decline since April 21, 2020 UAE favors oil output increase – ambassador to U.S. Iraq says OPEC+ monthly rise enough to address any oil shortage IEA members could release more oil from reserves Profit-taking weighs after prices rally over 30% since invasion BENGALURU, March 9......

Oil slides from decade-highs as Iran talks kindle supply hopes

Reuters
A 3D printed oil pump jack is seen in front of displayed stock graph in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Brent rises to highest since 2012, WTI highest since 2008 Russian oil and gas exports exempt from sanctions......

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