Page 4 - Oil Trade

Budget 2020 Wishlist: Here are the key challenges for oil and gas sector

Resolving gas transmission and distribution infrastructure constraints are one of the industry's key demands

Three years after $1-billion Venezuela deal, US oil firm shuts doors

Horizontal never completed the wells, its financial backer took a provision for losses on the loan, and Venezuela's production continued to fall

High oil prices, global tensions threat to improvement in Indian CAD: DBS

Downbeat sentiments saw USD-INR exchange rate test past 72 to two-month high, while the benchmark equity indices witnessed mayhem on Monday

Reliance, BP ink deal to set up fuel retail stations under Jio-BP brand

The venture is expected to be formed during the first half of 2020; it aims to expand RIL's retail fuel network to 5,500 in 5 years

OPEC, allies agree to deepen oil production cuts to prevent a global glut

Existing supply curbs of 1.2 million barrels per day, aimed at supporting oil prices and preventing a global glut, are set to expire in March.

Oil prices hold above $63 a barrel on US-China trade talks optimism

Barclays sees Brent trading near $60 a barrel for two years

Oil prices fall after Trump plays down optimistic China trade reports

Concern over trade war, oversupply persists; China car sales fall again

The brave new world of ample oil

The shift from scarcity to abundance has been brought about in an astonishingly short time by America's "fracking" revolution, leading to massive benefits for consuming countries

Oil prices rise 1% as China pushes Donald Trump for more tariff rollbacks

Brent crude futures rose 74 cents, or 1.2%, to $62.87 a barrel by 12:56 pm EST (1756 GMT). US West Texas Intermediate crude futures rose 68 cents, or 1.2%, to $57.22 a barrel

Attacks on Saudi oil facilities - what will it mean for consumers?

Consumers around the world could see costs rise for products ranging from gasoline and diesel to home heating costs and air fares

BPCL, HPCL, IOC appear bullish on the charts despite a surge in oil prices

Nifty Energy Index has been consolidating in the range of 14,730 - 13,750 since August. The formation seems like triple-bottom and a breakout would mean can take the index to 15,000 mark

From auto to banking, grumble of slowdown is getting louder for India Inc

The companies' combined net profit declined by 10.1 per cent yoy during June '19 quarter against 26.2 per cent yoy growth a year ago

Oil prices fall 2% as US-China trade war concerns hit demand outlook

Trade war worries hit global equities again on Monday, while stoking a rally in safe-haven assets including the Japanese yen, core government bonds and gold

Tale of two oil buyers: Saudi crude exports to China soar, US loses out

With China grabbing more Saudi crude, flows to India, Japan and South Korea also appear to have declined last month

Oil prices ease as demand worries counter supply cuts

The Organization of the Petroleum Exporting Countries (OPEC) agreed on Monday to extend oil supply cuts until March 2020

Russia, Saudi agree to extend OPEC production cut deal: Vladimir Putin

The OPEC cartel and its oil-producer nation allies opted in December to trim daily crude output by 1.2 million barrels

The 24-million barrel question: Where is all that missing US oil?

US showed a crude supply adjustment factor -- the difference between reported stockpiles and those implied by production, refinery demand, imports and exports -- of more than 800,000 barrels a day

Oil prices hit 2019 peak amid supply cuts, US sanctions on Iran, Venezuela

OPEC's crude oil output has slumped from a mid-2018 peak of 32.8 million barrels per day (bpd) to 30.7 million bpd in February

Oil refiners' next boom is revealed in what they're not doing

The rush to refine during what's normally a fallow period for the industry is a response to the introduction in January in 2020 of rules to cut sulfur emissions from the shipping industry