Oil Climbs on Saudi Ambitions, U.S. Stock Draw
Saudi Arabia seen seeking oil price of $80-$100 a barrel as U.S. commercial crude stocks decline towards five-year average. Oil prices kept rising to their highest since late 2014 as U.S.
Oil Rally Fades, but Weak Dollar Underpins
Rising U.S. output undermines OPEC/Russia supply cuts. The oil rally paused for breath on Friday after hitting fresh three-year highs in the previous session, but weakness…
Oil Falls on U.S. Stocks, Global Demand Doubts
U.S. gasoline, distillate stocks increase but OPEC/Russia-led supply cuts lend market support. Oil prices fell on Wednesday after a surprise rise in U.S. inventories…
Oil on Course for Strongest Q3 since 2004
Brent crude set for Q3 rise of nearly 16 pct. Oil rose was on course for its largest third-quarter gain in 13 years as prices rose on Wednesday after the Iraqi oil minister…
Oil Breaks Losing Streak ahead of US Inventory Data
Oil prices edged up in volatile trading on Tuesday, rebounding from six days of losses, ahead of U.S. crude inventory data forecast to show a drawdown. U.S. crude futures…
Oil Below $49 as Glut Outweighs Production Reduction Hopes
Brent's August rally fizzles outas U.S. crude inventories seen lower in weekly report. Oil fell below $49 a barrel on Tuesday, giving up part of August's strong rally…
Coal Surges Past $50 as Crude Prices Sag
Both coal and oil rallied from over 10-year lows in early 2016, but coal, oil have diverged since June. Coal prices in 2016 have regained their footing above the psychological threshold of $50…
Oil Below $50 on Supplies, Economy Concerns
Oil worker wage talks begin in Norway; return of Nigerian supply could hit prices -Goldman. Oil fell below $50 a barrel on Thursday, pressured by higher Nigerian output…
Coal Prices Fall Amid Weak Chinese Demand
Physical coal prices in Australia and Europe continued to fall over the past week, pushed lower by concerns over demand in China after a massive rout in the country's stock market.
Tankers Booked to Store Oil at Sea
Oil traders have booked up to 20 tankers to store an estimated 40 million barrels of crude at sea, rising from 25 million barrels last week, as they soak up a stocks glut in anticipation of future profits…
Prices Under Pressure From Oversupply
Thermal coal prices hovered just above five-year lows on Wednesday as a global supply glut and weak demand from leading consumer China weighed. European API2 2015 coal…
French Premium Narrows on Warmer Weather
The French premium over German spot prices narrowed on Tuesday, following forecasts of warmer weather in France and a drop in German wind power output. German baseload…
