The Irish Times

Joe Biden expected to announce another big release of US oil reserves

White House due to step up efforts to contain crude prices amid high inflation

Thu Mar 31 2022 - 09:49

Oil surges after IEA warns of shortfall in supply

Agency says markets could lose 3m barrels per day of Russian crude and refined products

Thu Mar 17 2022 - 08:35

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 crash ‘aberration’ fades as prices rise on demand recovery hopes

US storage facilities no longer full to the brim

Tue May 19 2020 - 07:06

US oil tankers head for Bantry Bay as storage problem grows

Slowdown in global demand due to Covid-19 leading to scarcity of places to store crude oil

Thu May 14 2020 - 12:52

Oil extends recovery but remains under pressure from supply glut

Futures rise above $15 a barrel but Opec+ deal to slash production fails to offset demand losses

Thu Apr 23 2020 - 08:44

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

A hunt for any storage space turns urgent as oil glut grows

Futures plunged to negative territory on Monday, leading to scramble for storage

Tue Apr 21 2020 - 09:46

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

How tanker attacks on Strait of Hormuz could affect oil prices

Skinny waterway is one of the world’s most important oil choke points

Fri Jun 14 2019 - 18:02

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

US urges group against curbing supplies

Thu Dec 06 2018 - 08:19

Cautious optimism on market balance keeps oil above $63

Opec output dropped to one-year low in March

Wed Apr 04 2018 - 08:42

Oil falls by 1% on Saudi commitment to withhold output

Weak dollar also supports prices as Opec-led effort to curb production starts to pay off

Thu Feb 15 2018 - 08:43

Oil holds losses at below $62 as US production surges to record

Opec has been trying to cut global supply but US provides counterbalance

Thu Feb 08 2018 - 07:02

Oil slips from three-year high ahead of US, Opec data

Output curbs by Opec, Russia have supported recent price gains

Wed Jan 17 2018 - 08:22

Oil’s revival persists as prices set for a second annual gain

Prices weather hurricanes, Middle East conflict and tussle between Opec and US shale

Fri Dec 29 2017 - 10:02

Oil headed for the first weekly gain since July

Gulf Coast refiners ramp up crude processing after disruptions from Hurricane Harvey

Fri Sept 08 2017 - 13:03

Hurricane Harvey hits Texas oil industry and crude prices

Record flooding in Texas, cripples 4.4m daily barrels of refining capacity

Fri Sept 01 2017 - 09:48

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

Oil slips towards $45 as US output increases

Longest rally this year falters as Russia signals opposition to further Opec cuts

Fri Jul 07 2017 - 07:48

Oil near half-year lows due to overhang in global supply

Rising US oil output contributing to ineffectiveness of Opec-led cuts

Fri Jun 16 2017 - 09:56

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

Oil little changed amid rising US output and Opec cuts

Market torn as new report suggests US production is still climbing

Thu Apr 13 2017 - 18:29

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

Oil prices rise on Opec production cuts and China forecast

Countries had agreed cuts in order to reduce the global supply glut depressing prices

Thu Jan 12 2017 - 09:27

Cut in oil production won’t immediately end world glut

‘Market has to take a lot on faith’ that producers’ agreement will reverse oversupply

Fri Dec 16 2016 - 05:55

Oil prices fall on renewed doubts over production cut

Strong dollar also weighs on prices ahead of US Thanksgiving holiday

Wed Nov 23 2016 - 08:27

Oil continues to rise as US stockpiles fall

Opec move to limit production this month deemed unlikely

Thu Sept 22 2016 - 09:09

Oil prices fall more than 2% amid talk of US stockpiles

Biggest weekly loss of year on cards as investors ignore talk of Opec production freeze

Thu Sept 01 2016 - 19:05

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

Oil prices rise as investors await Brexit vote

Global markets, including commodities, have been on tenterhooks for weeks

Thu Jun 23 2016 - 10:53

Oil down again but pares losses after US crude drawdown

Crude down more than 5 per cent since hitting 2016 highs of nearly $53 a barrel

Thu Jun 16 2016 - 01:00

Brent crude hits $52 as US inventories shrink

Oil has almost doubled from wintertime lows on news of unplanned supply interruptions

Thu Jun 09 2016 - 01:00