Sentences with phrase «oil rose on»

LONDON, April 24 (Reuters)- Oil rose on Tuesday above $ 75 a barrel to its highest since November 2014, supported by OPEC - led production cuts, strong demand and the prospect of renewed U.S. sanctions on Iran.

LONDON, April 26 - Oil rose on Thursday, supported by expectations of renewed U.S. sanctions on Iran, declining output in Venezuela and continuing strong demand.

Not exact matches

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.

LONDON, April 25 (Reuters)- Oil eased on Wednesday, but held in sight of three - year highs reached the previous day, as rising U.S. fuel inventories and production weighed on an otherwise bullish market.

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.

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.

Oil prices rose on Tuesday as companies prepared to suspend production in the U.S. Gulf over a looming tropical storm.

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...

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.

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.

Fourth - quarter profits in Exxon's downstream sector, which is focused on refining crude oil into fuels like gasoline, also rose $ 323 million from a year earlier.

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.

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.

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.

SINGAPORE, April 24 - Brent crude oil rose for sixth day on Tuesday, passing $ 75 a barrel, on expectations that supplies will tighten because fuel is rising at the same time the United States may impose sanctions against Iran and OPEC - led...

LONDON, April 24 - Oil rose above $ 75 a barrel on Tuesday to its highest since November 2014 before paring some gains, supported by OPEC - led production cuts, strong demand and the prospect of renewed U.S. sanctions on Iran.

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.

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 country's oil belt has leaned particularly heavily on existing employees, with a sharp rise in the number working overtime hours:

(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 Thursday, supported by expectations of renewed U.S. sanctions on Iran, declining output in Venezuela and ongoing strong demand.

Global oil supply rose in June as compliance with an OPEC - led deal to freeze production showed signs that it was stalling, the International Energy Agency (IEA) noted in its latest market report on Thursday.

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.

But compliance by OPEC and non-OPEC together is expected to rise in March from February's level of 94 percent, Kuwaiti Oil Minister Essam al - Marzouq said on Monday.

«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.

Prior shareholder letters insisted the proposals were misguided or ignored the company's efforts to spell out its position that even a world intent on limiting temperature rises would still need more oil — a position shared by bodies such as the International Energy Agency, which sees oil demand rising for some years to come yet.

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.

By contrast, China's annual consumption of low - carbon (i.e. renewable and nuclear) energy will rise, on average, by the equivalent of 600 million tons of oil.

These developments raise the possibility that Canada's two leading pipeline companies will lose out to American rivals in the race to get fast - rising oil production from Alberta, Saskatchewan and North Dakota to higher paying refiners on the Gulf Coast, Asia and California.

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 exporOil prices rose overnight amid concerns that the United States may re-introduce sanctions on Iran, which could potentially reduce the country's oil exporoil 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.

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.

OSLO, April 18 - Offshore oil driller Seadrill plans to emerge from Chapter 11 bankruptcy in late June or early July to catch the rising wave of rig market activity, its chief executive told said on Wednesday.

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.

Speaking at the Sohn Investment Conference in New York, the closely - watched DoubleLine Capital LP chief executive officer recommended a trade of shorting, or betting against, Facebook while betting on gains in an exchange - traded fund that tracks oil and gas explorers and producers who could benefit from rising inflation.