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India

Stephanie Kelly

Weak first quarter seen for U.S. refiners, but brighter summer expected

10:32pm IST

NEW YORK U.S. independent refiners are expected to roll out lower than expected first-quarter profits after a spate of outages, weak gasoline margins and a surge in the price of Canadian oil, according to analysts.

RPT-Weak first quarter seen for U.S. refiners, but brighter summer expected

10:30am IST

NEW YORK, April 23 U.S. independent refiners are expected to roll out lower than expected first-quarter profits after a spate of outages, weak gasoline margins and a surge in the price of Canadian oil, according to analysts.

Oil hits 2019 high on U.S. plan to tighten squeeze on Iran

12:48am IST

NEW YORK Oil prices jumped more than 2 percent on Monday to a near six-month high, on growing concern about tight global supplies after the United States announced a further clampdown on Iranian oil exports. | Video

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.

Oil up 1 percent as market focuses on supply risks

17 Apr 2019

NEW YORK Oil prices rose 1 percent on Tuesday, as fighting in Libya and falling Venezuelan and Iranian exports raised concerns over tightening global supply, but uncertainty surrounding an OPEC-led production cut limited gains.

CORRECTED-UPDATE 8-Oil up 1 pct as market focuses on supply risks

17 Apr 2019

* Iran's oil exports hit new 2019 low so far in April - sources

U.S. West Coast gasoline imports from Europe set for record April

16 Apr 2019

NEW YORK, April 16 Gasoline imports into the U.S. West Coast from Europe are set to hit a record in April as area refinery shutdowns have tightened supplies and boosted prices, Refinitiv Eikon ship data showed on Tuesday.

Cash-strapped Philadelphia oil refiner PES freezes bonuses: sources

12 Apr 2019

NEW YORK Philadelphia Energy Solutions (PES) suspended annual bonuses to employees last week, according to three sources familiar with the company's moves, in the latest sign the refiner is struggling to find its financial footing after emerging from bankruptcy last year.

Oil gains up to 2% to five-month high as Libyan output threatened

09 Apr 2019

NEW YORK Oil prices rose up to 2 percent on Monday, hitting five-month highs on expectations that global supplies would tighten due to fighting in Libya, OPEC-led cuts and U.S. sanctions against Iran and Venezuela.

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