Noah Browning

Venezuela oil output plummets to 870,000 bpd on outages, sanctions: IEA

11 Apr 2019

LONDON Global oil supply dropped in March as U.S. sanctions and power outages pushed Venezuela's crude output to a long-term low of 870,000 barrels per day (bpd), the International Energy Agency said on Thursday, even lower than OPEC reported the day before.

UPDATE 5-Oil up on tight supply, but economic slowdown weighs

10 Apr 2019

* U.S. crude stocks rise by 4.1 million barrels -API (Updates prices)

Squeezed by U.S. shale, Nigerian oil propped up by Asian demand

08 Apr 2019

LONDON The rising tide of light U.S. shale oil has largely swept away comparable grades of Nigerian oil from American shores and is putting them under pressure in Europe.

Exclusive: UK chemicals industry says Brexit could cost sector 500 million pounds

28 Feb 2019

LONDON UK chemicals companies face being shut out of a common EU products registry after Brexit and would need to pay around half a billion pounds ($664 million) to set up a British counterpart, the head of the Chemicals Industry Association told Reuters.

UPDATE 7-Oil prices slide, slow progress in trade talks counters OPEC cuts

11 Feb 2019

* U.S. oil drilling & production levels: https://tmsnrt.rs/2S87iVI (Updates prices)

Oil up on Venezuela turmoil despite surging U.S. supply

25 Jan 2019

LONDON Oil prices rose on Friday as political turmoil in Venezuela threatened to reduce supply but fresh data on surging U.S. fuel stocks and global economic woes weighed on sentiment.

Oil climbs as OPEC output drop eases concerns about glut

18 Jan 2019

LONDON Oil prices rose on Friday after an OPEC report showed its production fell sharply last month, easing some concerns about prolonged oversupply.

Oil rises two percent on hopes for China economic stimulus

15 Jan 2019

LONDON Oil prices rose about 2 percent on Tuesday, along with world stock markets, supported by China's plan to introduce policies to stabilise a slowing economy, reversing the previous session's losses due to grim data in the world's second-largest economy.

UPDATE 9-Oil dips in volatile trade; Saudi output cuts limit losses

03 Jan 2019

* OPEC oil output posts biggest drop since 2017 on Saudi move

Bahrain court revokes citizenship of 115 people on terrorism charges

15 May 2018

DUBAI A court in Bahrain revoked the citizenship of 115 people and gave 53 of them life sentences on terrorism charges, the public prosecutor said on Tuesday, in one of the most severe rulings yet in the Gulf island kingdom.

World News