Physical oil market sends warning to OPEC rout might not be over
© Reuters. A flag with the Organization of the Petroleum Exporting Countries (OPEC) logo is seen during a meeting of ...
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Tag: North Sea
‘Red flags’ for the oil market are popping up all over the world
3/3 © Andrew Burton/Getty 2/3 Crude oil prices entered a correction, plunging more than 10% from their January highs. While ...
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Oil slides towards weekly loss on excess supply worries
© Reuters. FILE PHOTO: An oil pump is seen operating in the Permian Basin near Midland By Libby George LONDON ...
Read moreAsia stocks tank for second time in a week as global rout resumes
HONG KONG: Asian trading floors were a sea of red once again on Friday as the global rout returned with ...
Read moreOil hits 7-wk low on expectations of higher U.S., Iran output
NEW YORK: Oil prices fell to their lowest in seven weeks on Thursday amid fears of rising global supplies after ...
Read moreEuropean and US equity markets resume slump
LONDON: Stock markets on both sides of the Atlantic suffered a sharp decline Thursday as volatility continued to dog global ...
Read moreOil falls below $65 as US output soars, North Sea supply restarts
LONDON: Oil prices fell to their lowest in six weeks on Thursday after data showed US crude output had reached ...
Read moreNorth Sea Forties oil pipeline ramps up slowly after latest outage
LONDON: Oil and natural gas flows along Britain’s biggest and most important oil pipeline, Forties, were ramping up slowly on ...
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Texas flood: U.S. oil exports pour into markets worldwide
© Reuters. FILE PHOTO: An oil tanker stands attached to a mooring station near a refinery in Bayonne New Jersey ...
Read moreOil slides as stronger dollar, rising US output weigh
HOUSTON: Oil prices were trading lower on Monday as rising US output, a weaker physical market and recent dollar strength ...
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