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Tag: oil

FILE PHOTO: A seagull flies in front of an oil platform in the Bouri Oilfield some 70 nautical miles north of the coast of Libya, October 5, 2017. REUTERS/Darrin Zammit Lupi

Oil workers’ discontent a risk for Libyan output surge

December 1, 2018

BENGHAZI/TRIPOLI/LONDON (Reuters) - Libya's oil output is at a five-year high and rare exploration deals with foreign majors are being ...

FILE PHOTO: Oil pumps are seen after sunset outside Vaudoy-en-Brie, near Paris, France November 14, 2018. REUTERS/Christian Hartmann

Oil climbs one percent on prospect of OPEC, Russia supply cut

November 19, 2018

Oil prices rose by around 1 percent on Monday amid expectations that top exporter Saudi Arabia will push producer club ...

FILE PHOTO: Oil pumps are seen after sunset outside Vaudoy-en-Brie, near Paris, France November 14, 2018. REUTERS/Christian Hartmann

Oil firms on supply cut talk; still set for sixth weekly loss

November 16, 2018

Oil rose on Friday on hopes that supply cuts will be agreed at OPEC's meeting on Dec. 6, but failed ...

FILE PHOTO: A pumpjack is seen at the Sinopec-operated Shengli oil field in Dongying, Shandong province, China January 12, 2017. REUTERS/Chen Aizhu/File Photo

Oil struggles to find footing after 7 percent slide as outlook darkens

November 14, 2018

Oil struggled to find its footing on Wednesday after plunging 7 percent the previous session, with surging supply and the ...

FILE PHOTO: A general view of the drilling platform, the first out of four oil platforms to be installed at Norway's giant offshore Johan Sverdrup field during the 1st phase development, near Stord, western Norway September 4, 2017. REUTERS/Nerijus Adomaitis

Oil falls after Trump urges OPEC not to cut supply

November 13, 2018

Oil prices fell more than 1 percent on Tuesday, with benchmark Brent crude slipping below $70 per barrel and U.S. ...

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