oil market

oil market

Photo: Reuters

Crisis-hit oil market in frantic hunt for storage

Oil movers and shakers are now desperate for storage in part of the industry which operates with very limited spare capacity

FILE PHOTO: An entrance of the oil refinery of Eni is seen in Taranto, southern Italy, September 21, 2018. REUTERS/Alessandro Bianchi/File Photo

Refiners seek prompt oil cargoes as uncertainty deters advanced orders

General view of oil tanks and the Bayway Refinery of Phillips 66 in Linden, New Jersey, US, March 30, 2020/ Reuters

US oil falls more than 10% to lows not seen since 1999

FILE PHOTO: An oil pump is seen at sunset outside Vaudoy-en-Brie, near Paris, France April 23, 2018/ REUTERS

Oil futures point to long and deep recession

FILE PHOTO: A maze of crude oil pipes and valves pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, US, June 9, 2016. REUTERS/Richard Carson/File Photo

Oil bounces back as rising stockpiles pointing to lower output

The Philadelphia Energy Solutions oil refinery is seen at sunset in Philadelphia March 26, 2014. Picture taken March 26, 2014. Photo :Reuters

Oil in the age of coronavirus: A US shale bust like no other

Passersby wearing protective face masks following an outbreak of the coronavirus disease (COVID-19) are reflected on a screen displaying stock prices outside a brokerage in Tokyo, Japan, March 17, 2020/ Reuters

Asian shares step back, oil rebounds in volatile trade

The Philadelphia Energy Solutions oil refinery is seen at sunset in Philadelphia March 26, 2014. Picture taken March 26, 2014. Photo :Reuters

Oil higher on hopes of production cut amid virus threat to demand

FILE PHOTO: US President Donald Trump delivers a statement about his acquittal in his Senate impeachment trial during an event celebrating his acquittal in the East Room of the White House in Washington, US, February 6, 2020. REUTERS/Joshua Roberts/File Photo

Trump threatens tariffs on oil imports to 'protect' US energy workers

The logo of the Organization of the Petroleum Exporting Countries (OPEC) on a flag at the oil producer group's headquarters in Vienna, Austria, December 7, 2018. Photo:Reuters

OPEC+ debates biggest-ever oil cut, awaits US efforts

General view of oil tanks and the Bayway Refinery of Phillips 66 in Linden, New Jersey, US, March 30, 2020/ Reuters

Oil prices fall as US inventory build-up heightens oversupply concerns

Photo: Reuters

Crude oil futures drop as pandemic darkens demand outlook

The Philadelphia Energy Solutions oil refinery is seen at sunset in Philadelphia March 26, 2014. Picture taken March 26, 2014. Photo :Reuters

Oil-rich wealth funds seen shedding upto $225bn in stocks