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Oil prices fall on fading storm impact, Chinese economic data

5 days ago DieselGasoil Comments Off on Oil prices fall on fading storm impact, Chinese economic data
NEW YORK (Reuters) – Oil prices edged lower on Monday on signs that the impact of a tropical storm on U.S. Gulf Coast production and refining would be short-lived, while Chinese economic data dimmed the crude demand outlook. A horizontal drilling rig on a lease owned by Parsley Energy operates at sunrise in the Permian Read More

Oil prices rise on Chinese economic data

5 days ago DieselGasoil Comments Off on Oil prices rise on Chinese economic data
LONDON (Reuters) – Oil prices rose on Monday as Chinese industrial output and retail data topped expectations, though gains were capped by overall figures showing the country’s slowest quarterly economic growth in decades. A horizontal drilling rig on a lease owned by Parsley Energy operates at sunrise in the Permian Basin near Midland, Texas U.S. Read More

Oil prices edge higher on Chinese economic data

5 days ago DieselGasoil Comments Off on Oil prices edge higher on Chinese economic data
LONDON (Reuters) – Oil prices rose slightly on Monday as Chinese industrial output and retail data topped expectations but gains were capped by overall figures showing the country’s slowest quarterly economic growth in decades. A horizontal drilling rig on a lease owned by Parsley Energy operates at sunrise in the Permian Basin near Midland, Texas Read More

Hunt says UK and US can’t agree over Iran nuclear deal

5 days ago DieselGasoil Comments Off on Hunt says UK and US can’t agree over Iran nuclear deal
By Sharon Marris, news reporter Jeremy Hunt has said the UK and the US are in disagreement over the nuclear deal with Iran. The foreign secretary, who is in Brussels to seek support from France and Germany on the issue, said he is looking to give “Iran a way out of this”. The three countries Read More

Oil prices nudge up on Chinese economic data

5 days ago DieselGasoil Comments Off on Oil prices nudge up on Chinese economic data
LONDON (Reuters) – Oil prices rose slightly on Monday as Chinese industrial output and retail data topped expectations but gains were capped by overall figures showing the country’s slowest quarterly economic growth in decades. A horizontal drilling rig on a lease owned by Parsley Energy operates at sunrise in the Permian Basin near Midland, Texas Read More

Slower China GDP growth nudges oil prices lower

6 days ago DieselGasoil Comments Off on Slower China GDP growth nudges oil prices lower
SINGAPORE (Reuters) – Oil prices slipped on Monday after China posted its slowest quarterly economic growth in at least 27 years, reinforcing concerns about demand in the world’s largest crude oil importer. A horizontal drilling rig on a lease owned by Parsley Energy operates at sunrise in the Permian Basin near Midland, Texas U.S. August Read More

Oil prices edge lower as China’s GDP growth slows

6 days ago DieselGasoil Comments Off on Oil prices edge lower as China’s GDP growth slows
A horizontal drilling rig on a lease owned by Parsley Energy operates at sunrise in the Permian Basin near Midland, Texas U.S. August 24, 2018. REUTERS/Nick Oxford SINGAPORE (Reuters) – Oil prices slipped on Monday after China posted its slowest quarterly economic growth in at least 27 years, reinforcing concerns about demand in the world’s Read More

Hunt heads to Europe for crisis talks over Iran nuclear deal

6 days ago DieselGasoil Comments Off on Hunt heads to Europe for crisis talks over Iran nuclear deal
By Sharon Marris, news reporter Foreign secretary Jeremy Hunt is heading to Brussels today to seek support from France and Germany over Iran. The three countries fear the Iran nuclear deal is close to collapse after the US pulled out last year and reimposed sanctions which have antagonised the Iranians. Tehran has been stockpiling more Read More

Britain, France and Germany air fears over Iran nuclear deal

6 days ago DieselGasoil Comments Off on Britain, France and Germany air fears over Iran nuclear deal
Britain France and Germany say they fear the Iran nuclear deal is at risk of collapsing after the US pulled out of the agreement and reimposed sanctions which has seen escalating tensions in the Gulf. Tehran and Washington have clashed after Donald Trump withdrew last year from the agreement made four years ago with six Read More

UK sends second warship to Gulf after Iran threats over seized tanker

1 week ago DieselGasoil Comments Off on UK sends second warship to Gulf after Iran threats over seized tanker
By By Alistair Bunkall, defence and security correspondent The UK is to increase its military presence in the Gulf by sending a second warship to the region. HMS Duncan, a Type 45 Destroyer, will sail to the Gulf in the coming days after recently completing NATO exercises in the Black Sea, and is expected in Read More