OPEC
Oil near 2019 highs on OPEC supply cuts, US sanctions
Brent crude oil futures were up 10 cents at USD 67.64 per barrel, also close to this year’s peak of USD 68.14 reached late last week.
Oil slips on economic slowdown, but OPEC-led cuts still support
OPEC’s de-facto leader Saudi Arabia said on Sunday that balancing oil markets was far from done as inventories were still high.
Oil prices firm as supply deficit emerges amid disruptions
OPEC+ will meet in Baku, Azerbaijan, over the weekend to review its output policy, although most expect the cuts to continue for now.
US aims to cut Iran oil exports to under 1 mn bpd from May: sources
US officials were constantly assessing global oil markets to determine the way forward with Iran sanctions waivers.
Asian jet fuel profit margins hit over eight-month low on weak demand
Jet fuel cracks have shed about 9 pc in the last 1 week, and are currently about 7 pc weaker than this time last year.
Oil prices rise amid broad market rally, OPEC supply cuts
Brent crude futures were at USD 66.75 per barrel, up 17 cents, or 0.3 per cent.
With new trade tensions with US looming, India looks to extend Iran loan-waiver
India wants to keep buying Iranian oil at its current level of about 300,000 barrels per day.
Oil prices slide on economic slowdown, surging US supply
WTI crude oil futures were at USD 56.32 per barrel, down 34 cents, or 0.6 per cent.
India wants to keep Iran oil purchases at 300,000 bpd in extended waiver: sources
India has reduced its purchases of Iranian oil but has been in talks on extending its sanctions waiver.
Oil edges up on OPEC cuts, US sanctions against Venezuela and Iran
US crude oil production remained at a record 12.1 million bpd, an increase of more than 2 million bpd since early 2018.