Edition:
India

Ahmad Ghaddar

More parties pulled at London oil week due to coronavirus

19 Feb 2020

LONDON The list of parties at London's International Petroleum Week, one of the world's biggest oil industry gatherings, continues to shrink as hosts such as ExxonMobil and Azerbaijan's SOCAR cancel events due to the coronavirus outbreak, trading sources said.

London oil week suffers more party cancellations due to coronavirus

19 Feb 2020

LONDON, Feb 18 The list of cocktail parties during London's International Petroleum Week has shrunk even further as hosts like ExxonMobil and Azerbaijan's SOCAR continue to cancel events due to the coronavirus, trading sources said.

Russia backs OPEC+ proposal to cut oil output - Lavrov

07 Feb 2020

DUBAI/MEXICO CITY Russia supports a recommendation to deepen OPEC+ global oil supply curbs to compensate for a drop in demand caused by the coronavirus, Foreign Minister Sergei Lavrov said on Thursday.

OPEC+ panel weighs impact on oil demand from virus

04 Feb 2020

LONDON/MOSCOW An OPEC+ committee weighed the impact on global oil demand and economic growth of the outbreak of the coronavirus at a meeting on Tuesday, hearing from China's envoy to the United Nations in Vienna and discussing how to respond.

Supertanker rates slump as virus hits Chinese oil demand

03 Feb 2020

LONDON Freight rates for supertankers on the Mideast Gulf and U.S. Gulf routes to Asia have fallen to their lowest since mid-September as the coronavirus outbreak hit Chinese oil demand, ship brokers told Reuters.

UPDATE 2-Supertanker rates slump as virus hits Chinese oil demand

03 Feb 2020

* Graphic: VLCC freight rates - https://tmsnrt.rs/31lw06T (Adds graphic)

OPEC aims to extend oil output cuts through June, alarmed by China virus

28 Jan 2020

LONDON/DUBAI OPEC wants to extend current oil output cuts until at least June from March, with the possibility of deeper reductions on the table if oil demand in China is significantly impacted by the spread of a new coronavirus, OPEC sources said.

OPEC aims to extend oil output cuts through June, alarmed by China virus

28 Jan 2020

LONDON/DUBAI OPEC wants to extend current oil output cuts until at least June, with the possibility of deeper reductions on the table if oil demand in China is significantly impacted by the spread of a new coronavirus, OPEC sources said.

OPEC aims to extend oil output cuts through June, alarmed by China virus

28 Jan 2020

LONDON/DUBAI, Jan 28 OPEC wants to extend current oil output cuts until at least June, with the possibility of deeper reductions on the table if oil demand in China is significantly impacted by the spread of a new coronavirus, OPEC sources said.

UPDATE 1-Libya's NOC issues warning over impact of oil blockade

27 Jan 2020

LONDON, Jan 27 The head of Libya's state oil firm warned on Monday that if the international community tolerates a blockade on the country's oil industry it would be complicit in ending the rule of law in the country.

World News