Edition:
India

Jessica Resnick-Ault

U.S. offshore oil auction draws $159.4 million in bids for Gulf acreage

21 Aug 2019

NEW YORK A major auction of oil and gas leases in the U.S. Gulf of Mexico on Wednesday received $159.4 million in high bids, government officials said.

U.S. offshore oil auction draws $159.4 mln in bids for Gulf acreage

21 Aug 2019

NEW YORK, Aug 20 A major auction of oil and gas leases in the U.S. Gulf of Mexico on Wednesday received $159.4 million in high bids, government officials said.

Oil steadies as hopes of easing trade tensions lend support

21 Aug 2019

NEW YORK Oil prices steadied on Tuesday on optimism U.S.-China trade tensions will ease and hopes major economies will take stimulus measures to ward off a possible economic slowdown, after falling earlier on concerns over future demand.

Oil rises alongside equities, but downbeat OPEC outlook caps gains

17 Aug 2019

NEW YORK Oil prices on Friday rebounded from a two-day drop, alongside equities as expectations of further stimulus by central banks helped to ease recession concerns.

Brent oil in bear market as China-U.S. trade tensions mount

07 Aug 2019

NEW YORK Oil prices fell more than 1% on Tuesday, with Brent crude settling near seven-month lows below $60 a barrel as trade tensions between the U.S. and China intensified worries about weakening global demand.

Oil prices strengthen more than 1% on Iran risk

23 Jul 2019

NEW YORK Oil prices rose more than 1% on Monday, as investors worried about possible supply disruptions in the energy-rich Middle East after Iran's seizure of a British tanker last week.

Oil falls about 2.5% as U.S. Gulf production returns

19 Jul 2019

NEW YORK Oil fell about 2.5% a barrel on Thursday, weighed down by weakness in U.S. equities markets and an expectation that crude output would rise in the Gulf of Mexico following last week's hurricane in the region.

Oil falls as Iran tensions seen easing

17 Jul 2019

NEW YORK Oil prices turned lower on Tuesday, falling more than 3% after U.S. President Donald Trump said progress has been made with Iran, signalling tensions could ease in the Mideast.

World News

Hong Kong airport faces more protest turbulence

Hong Kong braced for multiple anti-government demonstrations on Friday and a "stress test" of the airport this weekend, as weeks of protest in the Chinese-ruled city showed no signs of let-up amid rising tension between China and some Western nations.