Edition:
India

Jessica Resnick-Ault

Oil surges amid OPEC caution to offset Iran sanctions

6:37am IST

NEW YORK Oil prices hit their highest in about six months on Tuesday as sources said Gulf OPEC members were ready to raise output only if there was demand before offsetting any shortfall following a U.S. decision to end waivers for buyers of Iranian crude.

Oil settles lower as U.S. inventories disappoint market

18 Apr 2019

NEW YORK Crude prices declined slightly on Wednesday as U.S. government data showed inventories drew down less than an industry report had suggested on Tuesday.

RPT-Truck drivers see orders, miles fall in latest U.S. slowdown signal

17 Apr 2019

April 17 At a truck stop in Ridgefield, New Jersey, driver Paul Richards reviews a notebook where he tracks miles driven and what he is hauling. His paycheck is down about 25 percent from the same period a year ago, and his weekly miles have dropped as well.

Truck drivers see orders, miles fall in latest U.S. slowdown signal

17 Apr 2019

At a truck stop in Ridgefield, New Jersey, driver Paul Richards reviews a notebook where he tracks miles driven and what he is hauling. His paycheck is down about 25 percent from the same period a year ago, and his weekly miles have dropped as well.

RPT-Chevron's Anadarko deal to pressure U.S. shale producers to explore sales

13 Apr 2019

By David French, Jessica Resnick-Ault and Devika Krishna Kumar

Chevron's Anadarko deal to pressure U.S. shale producers to explore sales

13 Apr 2019

By David French, Jessica Resnick-Ault and Devika Krishna Kumar

Chevron's Anadarko deal to pressure U.S. shale producers to explore sales

13 Apr 2019

By David French, Jessica Resnick-Ault and Devika Krishna Kumar

Oil prices slip as OPEC mulls output hike, U.S. stocks build

12 Apr 2019

NEW YORK Oil prices fell on Thursday after sources said OPEC may raise output from July if Venezuelan and Iranian supplies fall further and prices keep rallying.

Brent oil briefly touches $70/barrel on tight supply

05 Apr 2019

NEW YORK Brent oil prices rose on Thursday, briefly touching $70 a barrel for the first time since November as expectations of tight global supply outweighed pressure from rising U.S. production and less robust global demand indicators.

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