The Irish Times

Oil spikes to seven-year high as markets avoid Russian supply

Supply disruption fears mount following hefty sanctions on Russian banks

Wed Mar 02 2022 - 08:04

Oil edges higher as investors sceptical about effectiveness of joint reserve release

The US is to release 50m barrels of oil from strategic reserves

Wed Nov 24 2021 - 08:25

Oil prices rise on slow Opec output increase

China ramps up operating rates to meet a spike in diesel demand

Tue Nov 02 2021 - 08:41

Oil falls as renewed lockdowns counter Covid-19 vaccine hopes

Mass rollouts are likely months away and subject to regulatory approvals

Tue Nov 10 2020 - 06:46

Oil edges lower as climbing US inventory stokes supply fears

Hopes for a swift economic recovery in China limited losses

Wed Jul 08 2020 - 07:02

Oil snaps two day gain as second wave reports causes concern

A further swelling of stockpiles also cast doubt on the demand outlook in US and China

Wed Jun 17 2020 - 06:51

International oil prices rebound following Trump warning

Brent bounces back from two-decade low after US president takes aim at Iranian vessels

Wed Apr 22 2020 - 15:57

US oil price takes new dive as market turmoil continues

Demand for crude slumps as coronavirus pandemic continues

Tue Apr 21 2020 - 16:38

Oil climbs on bargain-hunting, hopes for purchases for reserves

Worries about oversupply, IMF warning on a deep recession kept gains in check

Wed Apr 15 2020 - 06:58

Oil extends rebound on prospect of US stimulus

Meaningful rebound will have to come from fall in coronavirus fears, analyst says

Wed Mar 11 2020 - 06:39

Oil losses extend below $53 as uncertainty over Opec cut lingers

US urges group against curbing supplies

Thu Dec 06 2018 - 08:19

Oil prices rise on US push to cut Iranian crude imports

Officials tols importers to stop buying Iranian crude from November

Wed Jun 27 2018 - 08:07

Cautious optimism on market balance keeps oil above $63

Opec output dropped to one-year low in March

Wed Apr 04 2018 - 08:42

US businesses seek clarity on steel and aluminium tariffs

Companies ask for uncertainties to be removed as some nations granted exemptions

Sun Mar 25 2018 - 20:01

Oil prices stable on weak dollar, healthy economic growth

But crude remains below recent highs as signs of oversupply linger

Wed Feb 14 2018 - 06:46

Oil prices hit two-year highs as market tightens

Opec output cuts, Iran tensions help support prices

Thu Jan 04 2018 - 09:04

Oil hovers near four-week high on Saudi pledge to end glut

OPEC and 10 other producers have cut oil output by about 1.8m barrels per day since January

Wed Oct 25 2017 - 07:01

Oil halts slide as US crude stockpiles decline

Oil inventories drop by 9.2m barrels while output from Libya rebounds

Wed Aug 16 2017 - 11:58

US oil prices open above $50 for first time since May

Further price rises have been stopped by high supplies from OPEC producers

Tue Aug 01 2017 - 07:00

‘Unleash American energy’: Trump signs Arctic drilling order

Swathes of Arctic, Atlantic, Pacific oceans protected by Obama may now be drilled

Sat Apr 29 2017 - 11:40

Saudi Arabia may support Opec plan to extend output cuts

Concern mounts that rising US output will counter reduction by Opec

Thu Apr 20 2017 - 16:39

Trump administration approves Keystone XL pipeline

US president announces reversal of Obama decision on the controversial project

Fri Mar 24 2017 - 17:29

Oil prices fall for third session as US stockpiles surge

Futures slide despite Opec production cut as US oil output looks set to surge

Wed Feb 08 2017 - 16:26

Obama bans oil drilling in swathe of Arctic and Atlantic Oceans

President’s ‘permanent’ ban to act as deterrent to Trump but may be challenged in courts

Wed Dec 21 2016 - 09:31

Oil prices tumble as Trump pulls ahead in US election

After timid early trading volumes soar as US election results start coming in

Wed Nov 09 2016 - 06:52

Oil prices fall on oversupply concerns despite output cuts

Fuel inventories in the US, Europe and Asia are brimming despite being peak summer driving season

Tue Jul 19 2016 - 07:20

European markets stall as post-Brexit rally runs out of steam

Sterling edges higher but trading nervous ahead of interest rate decision

Wed Jul 13 2016 - 07:36

Stocks up as investors hopeful Britain will vote to stay in EU

Sterling edges back to $1.4681 after climbing to as high as $1.4788 on Tuesday

Wed Jun 22 2016 - 10:31

Asian shares edge up as markets digest China trade data

Despite weak exports Chinese central bank still expects the economy to grow by 6.8 % this year

Wed Jun 08 2016 - 07:21

Brent crude holds near 7-month high, eyes US stocks decline

Traders say Saudi Arabia’s promise not to flood the market has provided support to oil

Tue Jun 07 2016 - 07:32

Crude futures fall after Kuwaiti oil workers end strike

Strike had cut production in OPEC member by almost two thirds

Wed Apr 20 2016 - 08:32

Oil prices fall as concerns rise that rally is faltering

US stockpiles are expected to rise again to record levels according to analysts

Tue Mar 29 2016 - 08:04

Crude oil rises as China imports hit record

US oil bounces back after tumbling below $30 a barrel for first time in 12 years

Wed Jan 13 2016 - 08:43

Oil prices steady with Asian equities, but oversupply drags

Saudi Arabia, Iran tensions provide Brent crude support after volatile trading

Tue Jan 05 2016 - 08:17