TOKYO (Reuters)--
Oil prices rose on Thursday, holding onto a late - session rally the previous day, buoyed by the U.S. government data showing a surprise drawdown in crude stockpiles.
NEW YORK
Oil prices rose on Monday after Israel Prime Minister Benjamin Netanyahu said Iran had lied about pursuing nuclear weapons after signing a 2015 deal with global powers, while U.S. stocks fell with declines in healthcare shares.
NEW YORK (Reuters)-
Oil prices rose on Monday after Israel Prime Minister Benjamin Netanyahu said Iran had lied about pursuing nuclear weapons after signing a 2015 deal with global powers, while U.S. stocks fell with declines in healthcare shares.
* Market expects U.S. to re-impose sanctions against Iran * Plunging Venezuelan output further tightens markets * But soaring U.S. crude production holds back marketBy Henning GloysteinSINGAPORE, April 26 (Reuters)-
Oil prices rose on Thursday, lifted by concerns over supply disruptions in Venezuela and theMiddle East as well as by strong demand.Brent crude oil futures were at 74.44 per barrel at0105 GMT, up 44 cents, or 0.6 percent, from their last close.U.S.
Oil prices rose on a drop in supply of 1.1 million barrels, with West Texas Intermediate futures jumping to $ 68.47 per barrel, a three - year high.
NEW YORK
Oil prices rose on Thursday, boosted by OPEC production cuts and the potential for new U.S. sanctions against Iran, but gains were limited by growing U.S. crude inventories.
SINGAPORE, May 2 (Reuters)-
Oil prices rose on Wednesday, pushd up by concerns that the United States may reimpose sanctions on major exporter Iran, although soaring U.S. supplies capped gains.
SINGAPORE, April 26 (Reuters)-
Oil prices rose on Thursday, lifted by concerns over supply disruptions in Venezuela and the Middle East as well as by strong demand.
Oil prices rose on Friday after the Saudi energy minister said OPEC would need to keep coordinating supply cuts with non-member countries including Russia into 2019.
Oil prices rose on Thursday, supported by expectations of renewed U.S. sanctions on Iran, declining output in Venezuela and ongoing strong demand.
(New throughout, updates prices, market activity and comments) NEW YORK, April 30 (Reuters)-
Oil prices rose on Monday, bouncing off early losses as Israeli Prime Minister Benjamin Netanyahu said Israel had proof that «Iran lied» about its nuclear weapons capability, and that he was sure U.S. President Donald Trump would do «the right thing» in reviewing the country's nuclear deal with western powers.
Oil prices rose on Monday, bouncing off early losses after Israeli Prime Minister Benjamin Netanyahu said Israel had proof that «Iran lied» about its nuclear capabilities, and that he was sure US President Donald Trump would do «the right thing» in reviewing the country's nuclear deal with western powers.
SINGAPORE, April 26 -
Oil prices rose on Thursday, supported by an expectation that the United States will re-impose sanctions against Iran, a decline in output in Venezuela and ongoing strong demand.
SINGAPORE, May 2 -
Oil prices rose on Wednesday, lifted by concerns that the United States may re-impose sanctions on major exporter Iran, although soaring U.S. supplies capped gains.
Oil prices rose on Tuesday as companies prepared to suspend production in the U.S. Gulf over a looming tropical storm.
SINGAPORE, April 26 -
Oil prices rose on Thursday, lifted by concerns over supply disruptions in Venezuela and the Middle East as well as by strong demand.
NEW YORK, April 30 -
Oil prices rose on Monday after Israel Prime Minister Benjamin Netanyahu said Iran had lied about pursuing nuclear weapons after signing a 2015 deal with global powers, while U.S. stocks fell with declines in healthcare shares.
Nonetheless, Saudi Arabia's economy is still largely predicated on oil and, with
oil prices rising on the back of Saudi - led OPEC and non-OPEC producers curbing oil supply, the kingdom's finance minister said he welcomed higher prices but they would not affect spending limits.
Not exact matches
Our energy sector has been hurt partly by low natural gas
prices and the discount placed
on Canadian
oil compared to world benchmarks, but gas and
oil prices have generally been flat or
on the
rise.
LONDON, May 1 (Reuters)- The dollar broke into positive territory for the year and bond yields were creeping higher again
on Tuesday, as the recent
rise in
oil prices fuelled bets that the U.S. Federal Reserve will flag more interest rate hikes this week.
The
oil price has
risen by 15 percent in the last four weeks thanks to expectations that the United States will reimpose sanctions
on Iran, a major
oil...
Bets
on rising crude
prices are close to a near - record high,» PVM
Oil Associates strategist Stephen Brennock said.
LONDON, May 1 - The dollar broke into positive territory for the year and bond yields were creeping higher again
on Tuesday, as the recent
rise in
oil prices fuelled bets that the U.S. May Day holidays across Asia and Europe meant trading was thinner than usual, though there was more than enough news flow to keep those...
«That
rise in U.S. production and further
rises in U.S. production will put a cap or a damper eventually
on higher
oil prices,» Behravesh said.
LONDON, May 2 -
Oil recovered some ground
on Wednesday after the previous day's slide, helped by concerns about possible renewed U.S. sanctions
on major exporter Iran although
price gains were capped by
rising U.S. supply.
NEW YORK, May 1 - The dollar broke into positive territory for the year and U.S. bond yields inched higher again
on Tuesday as the recent
rise in
oil prices fueled expectations the Federal Reserve could flag more interest rate hikes at its policy meeting this week.
Oil prices in recent weeks
rose on concerns that sanctions by the U.S.
on Iran would squeeze supply further.
Companies that refine and sell petroleum products pay market
price for
oil, so their costs are
rising, but a shaky economy makes it harder for them to pass costs
on to customers.
The flat growth in the core consumer
price index (CPI), which includes
oil products but excludes volatile fresh food
prices, matched a median market forecast and followed a 0.1 %
rise in December, data from the Internal Affairs Ministry showed
on Friday.
DUBAI, April 15 - Most Gulf stock markets
rose on Sunday due to firm
oil prices and relief that the weekend's military attack
on Syria was relatively limited in scope and there was no immediate retaliation.
«Today, the focus is
on oil markets, where
prices have
risen on the back of
rising supply risk from developments in Iraq,» wrote Camilla Sutton, chief FX strategist at Scotiabank.
SINGAPORE, April 23 (Reuters)-
Oil prices dipped early
on Monday as a
rising U.S. rig count pointed to further increases in the country's output, underlining one of only a few factors holding back crude markets in an otherwise bullish environment.
Consumer demand for cars was ready to
rise on low
oil prices, and lower raw material costs could also translate to lower costs for GM.
Additionally, it comes at a time when
oil prices are
on the
rise, but stuck in a range that makes multibillion - dollar projects in new offshore areas unattractive for many drillers.
Between
rising oil prices and ongoing concerns over climate change, there is growing pressure
on the global shipping industry to cut its fuel consumption.
Hedge fund managers have gambled everything
on a goldilocks scenario in which
oil prices rise without damaging demand or spurring too much shale drilling.
The
rise in bond yields, which investors fear could hurt equities, has been partly fuelled by the spike in crude
oil prices, which
on Tuesday crossed $ 75, boosting energy shares.
Oil prices rose overnight amid concerns that the United States may re-introduce sanctions on Iran, which could potentially reduce the country's oil expor
Oil prices rose overnight amid concerns that the United States may re-introduce sanctions
on Iran, which could potentially reduce the country's
oil expor
oil exports.
The depressed
prices mean lower
prices for refiners and less pump pain for North American drivers, but it's hardly good news for Canada's
oil industry, which spent billions
on oilsands projects after world crude
prices had
risen high enough to justify the investment.
The global economy has recovered strongly in recent months, but
rising oil prices not only put the squeeze
on fragile consumers, they also raise the spectre of inflation and fan the flames of political unrest.
Halliburton reported a 34 percent jump in first - quarter revenue
on Monday as
rising oil prices prompted North American companies to boost
oil and gas production.
Neither cut was a particular surprise: Buffett had previously said he erred in buying Conoco at a peak
price for
oil (though now, of course, the commodity's
rising price is putting a different cast
on the investment) and he had publicly protested Kraft's 2010 purchase of Cadbury, which he thought not in the interests of Kraft's shareholders.
The
price of U.S.
oil rose Wednesday following reports that Washington is studying whether to lift a longstanding ban
on crude
oil exports.
Wilkin noted that Saudi Arabia's previous attempts to boost
prices failed due to
rising oil production from the US and Iran, which are gaining
on the Saudi's
oil market share.
Oil prices came under pressure
on Wednesday as weekly government data showed a larger - than - expected
rise of 5 million barrels in U.S. crude stockpiles.
Oil prices rose about 2 percent
on tensions in the Middle East and concerns of a further fall in Venezuelan output.
LAUNCESTON, Australia, April 30 (Reuters)- The term «demand destruction» is again entering the lexicon of the current crude
oil market as the sharp
rise in
prices raises concerns about when do consumers start cutting back
on their fuel consumption.
The tally of
oil rigs
rose in recent weeks, with
oil prices near $ 50 per barrel and demand for drilling equipment
on the
rise.
HOUSTON, Feb 5 -
Oil prices settled lower
on Monday as
rising U.S. output, a weaker physical market and recent dollar strength added to the pressure from a widespread decline across equities and commodities markets.
Brent crude, the international benchmark for
oil prices,
rose to $ 70.37
on Monday, while U.S. West Texas Intermediate crude reached $ 64.89
on Tuesday, both hitting more than three - year highs.