Tagged With Oil markets
Oil prices hit 2014 highs on Iraq supply fears
25 June 2014
Crude prices reached nine-month highs in mid-June as political instability and violence in Iraq stoked fears of supply outages
Global oil production up with a rise in non-Opec output
24 June 2014
Production increased to 92.6 million barrels a day, boosted by non-Opec output
Brent falls as Ukraine election tensions ease
27 May 2014
Poroshenko promised to bring peace to a united Ukraine after winning over half of the vote
Brent stays balanced in face of mixed demand picture
16 May 2014
The Brent crude market will remain balanced this year as growth in non-Opec supply will increase at a similar pace to global demand growth, industry leaders said
Libyan port deal puts pressure on crude prices
22 April 2014
Tensions in Libya and the Middle East along with Russia and Ukraine boosted prices at the start of the month
Opec oil output falls to five-month lows
17 April 2014
Global crude production fell by a hefty 1.2 million barrels a day (b/d) in March, to 91.75m b/d, as Opec oil output hit five-month lows.
Bullish US tight oil production rise will slash imports
10 April 2014
US tight oil production could soar to nearly 13 million barrels per day (b/d) over the next two decades, slashing its oil imports to almost zero from 2037
Crude price falls despite rising Russia tension over Crimea
18 March 2014
The EU has imposed travel bans and asset freezes against Russian and Ukrainian officials
Winter freeze and economic recovery lifts oil prices
17 February 2014
An exceptionally cold winter in the US and a mild economic recovery in Europe fuelled stronger than expected demand across developed economies, lifting oil prices in February
Global oil output dips on non-Opec losses
17 February 2014
Global oil production fell by 290,000 barrels a day (b/d), to 92.1 million b/d in January, driven by a fall in non-Opec output
Crude price falls on China’s economic data
21 January 2014
Crude prices eased in January as weaker economic data from China indicated slowing crude demand and soaring US oil output added pressure
Global output falls on dip in non-Opec output
21 January 2014
The drop was due to a 335,000 b/d fall in non-Opec liquids production, to 55.99m b/d
Prices remain strong but oil markets face testing times
20 January 2014
Brent has averaged $110.59 a barrel in the past three years. This is high by any historical measure. Even including the price run-up earlier this century, for example, the mean price in the 25 years till 2011 was just over $33/b
Brent falls as Iran reaches deal to halt nuclear enrichment
3 December 2013
Brent and WTI prices fell in November as Iran reached a deal with the international community to halt its nuclear enrichment programme in return for a modest easing of economic sanctions
Non-Opec oil output surges along with global production
3 December 2013
Oil production reached 91.8 million b/d, according to figures by the International Energy Agency
Crude prices tumble on US government shutdown
22 October 2013
Brent and WTI prices slipped in October as a partial US government shutdown threatened to depress crude demand from one of the world’s largest oil consumers
Opec crude output at two-year low as global production falls
22 October 2013
Steep falls in output from Libya and Iraq led to Opec output falling below 30m b/d
US energy independence tempered by oil-price volatility
8 October 2013
The EIA forecasts total US crude production will reach 13.1 million barrels per day by 2019
Oil prices remain threat to world economy, says IEA
1 October 2013
Chief economist at the IEA said Europe is especially vulnerable to high prices
Global oil output stalls on Libyan losses
17 September 2013
Global oil production fell by 775,000 barrels a day (b/d) in August, to 91.6 million b/d, as soaring Saudi Arabian output failed to completely offset Libyan losses
Crude slips on Syria chemical weapons deal
17 September 2013
Crude oil prices fell in mid-September as the US and Russia announced a deal had been reached to dispose of Syria’s chemical weapons by mid-2014
Egypt turmoil pushes Brent to four-month high
21 August 2013
Brent oil prices reached four-month highs in mid-August as civil unrest in Egypt fuelled supply disruption concerns
IEA sees strong demand in 2014, non-OECD overtaking OECD
11 July 2013
Emerging markets will once again lead oil demand growth in 2014, with surging North American production helping to meet record consumption
Oil market projections could be too optimistic
11 July 2013
IEA and Opec projections for strong demand growth in 2014 rest on assumptions for economic growth that could prove far too optimistic
Global oil supply falls along with non-Opec production
3 July 2013
The global supply fell month-by-month to 91.2 million b/d in May, but remains strong year-on-year
Crude prices under pressure from economic strain
3 July 2013
The lack of economic growth will limit oil demand growth, says IEA