Edition:
India

Devika Krishna Kumar

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

17 May 2018

Dallas company secures permits to expand crude export hub at Texas port

NEW YORK, May 17 Jupiter MLP LLC, a Dallas-based logistics company, has secured permits to expand a crude export dock at the Port of Brownsville in Texas, the latest in a series of moves made by U.S. companies to tap into booming overseas shipments.

15 May 2018

Investors see big oil surge, but physical markets suggest caution

NEW YORK/LONDON/SINGAPORE Oil futures prices have soared past three-year highs, OPEC's deal has cut millions of barrels of inventory worldwide and investors are betting in record numbers that prices could rocket past $80 and even hit $90 a barrel this year.

14 May 2018

Exclusive: Saudi Aramco trading arm ATC sells first U.S. oil to United Arab Emirates: sources

SINGAPORE/NEW YORK/NEW DELHI Saudi oil producer Aramco's trading arm has begun supplying U.S. condensate, an ultra-light crude oil, to the United Arab Emirates (UAE), four people with direct knowledge of the matter said on Monday, underlining the giant firm's global ambitions.

10 May 2018

RPT-U.S. East Coast refiners look to Texas crude for discounted oil

NEW YORK, May 10 U.S. East Coast refiners are shipping more shale oil from the Gulf Coast thanks to heavy discounts for West Texas crude and are also looking to bring more via rail, but supply bottlenecks are making it difficult to secure more barrels.

10 May 2018

U.S. East Coast refiners look to Texas crude for discounted oil

NEW YORK U.S. East Coast refiners are shipping more shale oil from the Gulf Coast thanks to heavy discounts for West Texas crude and are also looking to bring more via rail, but supply bottlenecks are making it difficult to secure more barrels.

09 May 2018

Oil recoups some losses after Trump pulls U.S. out of Iran nuclear deal

NEW YORK Crude oil prices ended down about 2.0 percent on Tuesday, but off the lows for the day, after President Donald Trump confirmed the U.S. will withdraw from the deal with Iran to curb its nuclear program. | Video

27 Apr 2018

Enterprise Products tests supertanker capability for crude exports

NEW YORK Enterprise Products Partners LP said on Thursday it is testing crude supertanker capabilities at its Texas City dock in a move that could make it the second major company in the United States that can handle such vessels.

26 Apr 2018

Skinny and sweet: U.S. refiner earnings depend on the oil diet

NEW YORK Shares of smaller independent U.S. refiners with less complex facilities surged in the stock market in the first quarter as investors expect strong earnings growth thanks to a fall in price of their primary cost - light, sweet crude oil coming out of West Texas - to more than three year lows.

26 Apr 2018

Skinny and sweet: U.S. refiner earnings depend on the oil diet

NEW YORK Smaller independent refiners with less complex facilities are surging in the stock market of late, as investors expect strong earnings growth thanks to the recent fall in price of their primary cost - light, sweet crude oil coming out of West Texas.

21 Apr 2018

Hedge funds raise bullish bets on U.S. crude oil

NEW YORK Hedge funds and money managers raised bullish wagers on U.S. crude oil in the latest week, data showed on Friday, as prices rose with the risk of global supply disruptions remaining high.

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Hang Seng 30,665.64 -568.71 -1.82%
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USD/INR 68.310 -0.07%
GBP/INR 91.214 -0.01%
Gold 1,291.70 +0.00 +0.00%
Oil 67.50 -3.21 -4.54%
Corn 406.50 +2.25 +0.56%