oil market

Picture: Reuters
Analysis

Physical crude oil market steams ahead after Omicron blip

Prices for physical cargoes do not always trade in tandem with oil futures and when differentials widen rapidly and considerably, they can indicate speculators have oversold or overbought futures...

Be careful what you wish for. Photographer: Julian Lee/Bloomberg
Analysis

Saudis are right to warn of a collapse in oil supply

Risky business. Photographer: Gabriela Maj/Bloomberg
Analysis

China and the US can’t break their oil market codependency

OPEC Secretary General Mohammad Barkindo attends a session of Kazakhstan Energy Week in Nur-Sultan, Kazakstan September 26, 2019. REUTERS/Mariya Gordeyeva//File Photo
Global Economy

OPEC chief urges output caution as signs of oil surplus grow

A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture Photo: Reuters
Global Economy

Kuwait, Iraq back OPEC+ oil supply rise plan, despite calls for more

Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song
Global Economy

Oil rises on demand outlook, despite China fuel reserves release

FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration
Global Economy

US calls on OPEC and its allies to increase oil production

A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture Photo: Reuters
Global Economy

OPEC+ agrees oil supply boost after UAE wins argument with Saudi

Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford
Global Economy

Oil rebounds, but gains limited amid demand concerns as India reels from Covid-19

A 3D printed oil pump jack is seen in front of displayed stock graph and Opec logo in this illustration picture, April 14, 2020/ Reuters
Global Economy

Oil prices dip after OPEC+ agree to ease output cuts

The International Energy Agency forecasts India's consumption to double and its oil import bill to nearly triple from 2019 levels to more than $250 billion by 2040. Representative Image: REUTERS
Analysis

Power play: India wields oil 'weapon' to cut dependence on Saudi

A view of the PES Refinery in Philadelphia, Pennsylvania, US, November 2, 2020. Picture taken November 2, 2020. REUTERS/Dane Rhys
Global Economy

Oil prices slip as focus switches from Suez Canal blockage to OPEC+ supply policy

A pump jack stands idle in Dewitt County, Texas January 13, 2016. REUTERS/Anna Driver/File Photo
Global Economy

Oil bears and bulls grapple as market puzzles over pandemic exit