for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Key Benchmarks

IndexLastChangeChange %
1,230.00+11.00+0.90%
1,877.49+2.37+0.13%
160.97+0.59+0.36%
438.20+1.17+0.27%

Commodities Futures

FutureExpireLastChangeChange %
$45.52-0.19-0.42%
$48.180.000.00%
--$31.12-0.86-2.69%
$1.28-0.01-0.57%
--$28,460.00-140.00-0.49%
$3,357.00+33.00+0.99%
$391.500.000.00%
--$41,860.00-750.00-1.76%
$1.38-0.01-0.40%
$2.85-0.11-3.71%
$42.240.000.00%
--$45,200.00-800.00-1.74%

Advertisement

Top Stories

1/10
Column: U.S. diesel glut has mostly gone - John Kemp

U.S. stocks of distillate fuel oil are rapidly returning to normal, reversing the prodigious glut that built up earlier in the year during the first wave of the coronavirus epidemic and lockdowns.

Nord Stream 2 pipe-laying vessel departs project hub for Kaliningrad

Pipe-laying vessel Akademik Cherskiy, expected to be used to finish the Moscow-led Nord Stream 2 gas pipeline, has left the German project hub of Mukran and is heading to the Russian port of Kaliningrad, Refinitiv Eikon data showed on Friday.

Norway cuts gas exports as plant shuts over strike

Norway's Nyhamna gas export terminal is closing down as security guards at the plant go on strike, cutting volumes by an expected 50 million standard cubic metres (mcm) of gas per day, system operator Gassco said on Saturday.

Oil prices post weekly gain ahead of OPEC+ meeting

Oil prices were mixed on Friday but posted a fourth straight week of gains ahead of an OPEC+ meeting early next week.

Latest News

Shell may permanently shut Louisiana refinery next week -sources

(This Nov. 23 story corrects to clarify Shell Pulau Bukom cuts to be phased in)

Norway gas plant workers still set to strike, employers say

The planned strike among security guards at Norway's Nyhamna gas processing facility is expected to go ahead on Saturday as the staff has not been exempted from taking part in the labour conflict, the NHO employers' group said on Friday.

Security guard strike threatens Norway's gas exports, prices spike

A key export terminal for Norway's natural gas will shut if Saturday's planned strike goes ahead, cutting supply to Europe, system operator Gassco said on Friday, sending prices higher.

Exclusive: Mexico's Pemex to begin 2021 oil hedge contracting soon - source

Mexican oil giant Pemex is about to start the process of contracting an oil hedge for 2021, a senior source at the company told Reuters, after the previous two hedges delivered bumper payouts for the highly-indebted company.

Exclusive: Venezuela resumes direct oil shipments to China despite U.S. sanctions

Venezuela has resumed direct shipments of oil to China after U.S. sanctions sent the trade underground for more than a year, according to Refinitiv Eikon vessel-tracking data and internal documents from state company Petroleos de Venezuela (PDVSA).

Oil rally stalls on signs of more supply, demand doubts

Oil slipped from seven-month highs on Thursday as signs of growing supplies helped to halt a rally driven by optimism that COVID-19 vaccines will revive fuel demand.

Norway gas exports could be hit by strike escalation from Friday

The planned escalation of a strike by Norwegian security guards could begin to shut the Nyhamna gas processing plant and two large gas fields from Friday, which would reduce Norway's exports to Europe by a quarter, system operator Gassco said.

With frozen food clampdown, China points overseas as source of coronavirus

As global COVID-19 infections surge, China is pushing a narrative via state media that the virus existed abroad before it was discovered late last year in the central city of Wuhan, where it was traced to a seafood market.

China hits 26% of 2020 target for U.S. energy imports under trade deal

China has accelerated imports of crude oil, propane and liquefied natural gas (LNG) from the United States since July, but total energy product purchases through October remain far short of targets for 2020 set out in the Phase 1 trade deal with Washington.

Column: China's crackdown on Australian coking coal hurts its steel industry - Russell

China's unofficial restrictions on coal imports from Australia are having more than just an impact on miners down under, it's hurting steel producers in China and helping those elsewhere.

U.S. crude stockpiles fall unexpectedly, gasoline builds: EIA

U.S. crude oil inventories fell last week, as well as distillate stocks, while gasoline stockpiles rose sharply, the U.S. Energy Information Administration said on Wednesday.

U.S. rejects permit for Alaska's Pebble mine, company vows appeal

The U.S. Army Corps of Engineers on Wednesday issued its final decision denying a key water permit for the contentious Pebble Mine in Alaska, putting the project's future in doubt even as the company behind it plans to appeal the decision.

Oil rallies past eight-month high on U.S. crude inventory draw, vaccine hopes

Oil prices climbed nearly 2% to their highest in more than eight months on Wednesday, as data showing a surprise drop in weekly U.S. crude inventories extended a rally driven by hopes that a COVID-19 vaccine will boost fuel demand.

Exclusive: Exxon and Total in talks over Mozambique LNG resource-sharing deal - sources

ExxonMobil and Total are in negotiations over their massive LNG projects in Mozambique, with each seeking to extract more gas from a shared field that straddles the two developments and cut costs, three sources familiar with the matter told Reuters.

Have coronavirus vaccines killed the gold rally?

Gold has tumbled from record highs as investors, eyeing an end to the coronavirus pandemic, move money to riskier assets.

Flint Hills to keep non-essential staff out of Pine Bend refinery after Thanksgiving: source

Flint Hills Resources will keep non-essential staff out its of 375,000-barrel-per-day Pine Bend refinery in Rosemount, Minnesota, for one week after Thanksgiving to prevent the spread of COVID-19, according to a source familiar with the matter on Wednesday.

Poland should scrap coal and energy plan, environmentalists say

Poland should scrap a plan to merge state-run energy groups after they have shifted coal assets into a separate entity because it won't deliver on EU climate targets, a report by environmentalist group ClientEarth and think tank Instrat said.

OPEC+ leaning towards oil cut extension, despite rally: sources

OPEC and allies including Russia are leaning towards delaying next year's planned increase in oil output to support the market during the second wave of COVID-19 and rising Libyan output, despite a rise in prices, three sources close to OPEC+ said.

Thyssenkrupp could open books to Liberty Steel in early December: sources

Thyssenkrupp could give Britain's Liberty Steel access to the books of its steel unit as soon as next week, three people familiar with the matter said.

Column: Left in the dark about WTI crude price plunge - Kemp

The U.S. Commodity Futures Trading Commission (CFTC) report on volatility in WTI oil futures, published on Monday, has already been criticised for not probing deeply enough into how and why prices plunged into negative territory for one day in April and then rebounded sharply...

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up