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.
* U.S. crude stocks rise by 4.1 million barrels -API
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.
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.
* U.S. oil drilling & production levels: https://tmsnrt.rs/2S87iVI
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.
LONDON Oil prices rose on Friday after an OPEC report showed its production fell sharply last month, easing some concerns about prolonged oversupply.
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.
* OPEC oil output posts biggest drop since 2017 on Saudi
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.