Oil stable as OPEC says it is committed to rebalance markets
Oil prices were stable on Wednesday as OPEC said it was committed to draw down a global supply overhang that has dogged markets since 2014
U.S. oil output fell 91,000 bpd in Dec to 8.783 million bpd: EIA
U.S. oil production in December fell 91,000 barrels per day to 8.783 million bpd, according to data from the U.S. Energy Information Administration released on Tuesday.
Oil rises on OPEC-led cuts, but market remains range-bound
Oil rose on Tuesday, supported by an OPEC-led effort to cut output, but rising production elsewhere kept prices within the narrow range that has contained them so far this year.
Idemitsu supported “ONE ASIA Joint Concert 2016” by AUN J Classic Orchestra
Since its founding in 1911, Idemitsu Kosan Co.,Ltd. has endeavored to make its social contribution
through the supply of petroleum, lubricants and other products, as well as making efforts in cultural
contributions by ...
Oil prices dip on scepticism ahead of OPEC meeting
Oil prices dipped on Tuesday on doubts that producer cartel OPEC will be able to hammer out a meaningful output cut during a meeting on Wednesday aimed at reining in a global supply overhang and propping up prices...
Oil dips as global supplies rise, fresh concerns over Asian economies
Oil prices started August trading with fresh falls on Monday after several bearish reports, including rising output from OPEC, a rise in U.S. drilling and weak economic data from Asia...
Crude oil nudges up after ninth weekly stock drawdown in U.S.
Crude oil prices edged up in early Asian trading on Thursday after the U.S. Energy Department reported a ninth consecutive weekly drawdown of crude stocks but a surprise build in gasoline supplies.
U.S. gasoline oversupply pushes crude oil prices lower: Kemp
U.S. gasoline stocks remain stubbornly high despite record demand from motorists, a situation that will probably force refiners to cut crude processing over the next few months and prioritize production of diesel.
Oil prices rise on tight market outlook, expected fiscal stimulus
Oil prices rose early on Friday, with Brent jumping back above $50 per barrel, as investors positioned themselves for more price increases this year in expectation of a tighter market.
Brent, NYMEX crude weaker in Asia as investors cautious after Brexit
Crude prices held weaker in Asia on Monday as investors continued to show caution on the back of an unexpected outcome of a referendum last week that sets the stage for Britain to leave the European Union.