Commodity
India’s oil imports surge to $10.91 billion in September
MUMBAI (Reuters) – India’s crude oil imports in September touched $ 10.91 billion, up 33.6 percent from a year ago,
Saudi to meet India’s oil demand, absorb supply shocks – Falih
NEW DELHI (Reuters) – Saudi Arabia is committed to meeting India’s rising oil demand and is the “shock absorber” for
Oil market is balanced, says Qatar energy minister
DUBAI (Reuters) – The oil market is balanced in terms of supply and demand, Qatar’s Energy Minister Mohammed al-Sada said
U.S. oil exports fall as India turns to Iran ahead of sanctions
HOUSTON (Reuters) – Indian buyers reduced U.S. crude purchases and loaded up on Iranian oil ahead of the restart of
How the world’s oil refiners plan to grapple with their fuel oil output after 2020
SINGAPORE/TOKYO/LONDON (Reuters) – High-sulphur fuel oil (HSFO), essentially the leftovers of an oil refiner’s output, will still flow from refineries
Rising oil prices catch emerging economies at a vulnerable moment
OIL prices have a knack of jumping at the most inconvenient times. As in 2007, for instance, when the price
Global Markets: Oil above $80 lifts stocks, offsets trade and bond market chill
LONDON (Reuters) – European shares rose and Wall Street was set for a stronger open on Tuesday, as oil above
Barrick is buying Randgold to create the world’s top gold miner
The gold industry has a new king. Canada’s Barrick Gold (ABX) is buying rival Randgold (GOLD) to create the world’s
Oil could rise to $100 by 2019 as global markets tighten, merchants warn
SINGAPORE (Reuters) – Oil prices could rise towards $ 100 per barrel towards the end of the year or by
America is now the world’s largest oil producer
Move over Russia and Saudi Arabia. America has reclaimed its throne atop the oil world. For the first time since