Oil Business

Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford
Global Economy

Oil rebounds, but gains limited amid demand concerns as India reels from Covid-19

The OPEC+ joint technical committee has maintained a forecast for growth in oil demand growth this year, but has concerns about the surging Covid-19 cases in India and elsewhere

A view of the PES Refinery in Philadelphia, Pennsylvania, US, November 2, 2020. Picture taken November 2, 2020. REUTERS/Dane Rhys
Global Economy

Oil prices slip as focus switches from Suez Canal blockage to OPEC+ supply policy

A pump jack stands idle in Dewitt County, Texas January 13, 2016. REUTERS/Anna Driver/File Photo
Global Economy

Oil bears and bulls grapple as market puzzles over pandemic exit

Photo: Bloomberg/ Bartek Sadowski
Global Economy

Oil prices rebound as US House passes huge stimulus bill

Big freeze in Texas is becoming a global oil market crisis
Global Economy

Big freeze in Texas is becoming a global oil market crisis

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, US April 21, 2020. Photo:Reuters
Global Economy

Oil prices climb as deep freeze shuts US oil wells, curbs refineries

A view of the PES Refinery in Philadelphia, Pennsylvania, US, November 2, 2020. Picture taken November 2, 2020. REUTERS/Dane Rhys
Global Economy

Oil rises on fears of heightened tensions in Middle East

Photo: Bloomberg/ Bartek Sadowski
Global Economy

Oil climbs to 13-month highs, as supply cuts, demand optimism support

A man wearing a protective face mask walks past a screen displaying a graph showing recent Nikkei share average outside a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan November 2, 2020. REUTERS/Issei Kato
Global Economy

Stocks, oil rise in Asia after US records

A PetroChina worker inspects a pump jack at an oil field in Tacheng, Xinjiang Uighur Autonomous Region, China June 27, 2018.
Global Economy

Brent strikes $60/bbl as supply cuts, stimulus hopes boost prices

Photo: Bloomberg/ Bartek Sadowski
Analysis

Oil’s remarkable rebound from a year of catastrophe

Hedge funds bet on oil's 'big comeback' after pandemic hobbles producers
Global Economy

Hedge funds bet on oil's 'big comeback' after pandemic hobbles producers

A combination of file photos shows the logos of five of the largest publicly traded oil companies; BP, Chevron, Exxon Mobil, Royal Dutch Shell, and Total. REUTERS/File Photo
Global Economy

Exxon, Chevron CEOs discussed merger in early 2020