Page 15 - Oil

Oil prices dip on OPEC squabbles ahead of planned production cut

US crude inventory data is closely watched as a means to estimate the country's supply overhang

Oil dips on Buzzard restart, Iraq; US crude tests below $50

OPEC hopes to remove about 700,000 bpd from an estimated global supply of 1.0-1.5 million bpd

Oil halts rally above $50 as Iraq signals break from Opec cuts

Prices slid as much as 0.9 per cent in New York after rising 0.4 per cent on Friday

Oil's down cycle is coming to an end, says Saudi oil minister

"Market fundamentals, in terms of supply and demand, have begun to improve," Falih said.

Oil down 2%, strong dollar knocks US crude off 15-month highs

Dollar hit 7 month highs against basket of currencies and a 3 month peak versus the euro after the ECB kept interest rates unchanged

Oil rises on US crude inventory draw, falling Chinese output

International Brent crude futures were at $52.14 a barrel, up 46 cents, or 0.89 per cent

Oil rises on reported US crude inventory draw, expected OPEC cut

International Brent crude futures were at $52.27 a barrel, up 59 cents, or 1.14 per cent

Oil rises on dollar and market balance expectations

Traders said a drop in the dollar away from seven-month highs the previous day supported crude

Oil declines as Opec members boost output

Oil declined as Opec members added supply and US producers increased drilling, threatening to compound a global surplus.Futures fell by as much as 1.8 per cent. Libyan output expanded to 560,000 barrels a day, according to the National Oil Corp, up from 540,000 last week. Iran repeated plans to boost production to 4 million barrels a day. Nigeria aims to raise output by 400,000 barrels a day to 2.2 million, Oil Minister Emmanuel Ibe Kachikwu said in New Delhi. Rigs targeting crude in the US rose for a seventh week to the highest since February, Baker Hughes said.Oil has fluctuated near $50 a barrel amid uncertainty about whether the Organization of Petroleum Exporting Countries will implement an agreement to reduce supply. An Opec committee will meet later this month to try and resolve differences over how much individual members should pump. The details of how supply will be reduced needs to be finalised by the group's next meeting in Vienna on November 30.

Oil majors experiment with technology to weather crisis

Crude prices have more than halved since mid-2014, forcing companies to cut billions of dollars in costs

Oil rebound's dirty little secret threatens US gas bulls

Apache's discovery in the southern reaches of the Permian underscores the potential

India receives its first oil parcel from Iran

India will receive 6 million barrels from Iran, while approaching UAE and Saudi Arabia for meeting the remaining demand

Oil edges up on record Indian imports, hopes of producer cut

India's oil imports rose 4.4 per cent in September from the previous month to a record high 4.47 million barrels per day

India's September Iran oil imports fall 4.1% on August

Average imports over the period were at their highest in at least 15 years

Oil edges up before producer talks on output curbs

Brent crude was up 9 cents at $52.50 a barrel

Oil off the boil, shares toil, sterling in trouble

Sterling was back under $1.23 and 90 pence per euro while the dollar muscled its way to an 11-week high

Oil prices dip on surging Iran sales, but looming OPEC deal offers support

US West Texas Intermediate crude was down 25 cents at $48.56 a barrel

Oil prices fall on high production despite planned OPEC output cut

US West Texas Intermediate futures were down 26 cents, or 0.5 per cent, at $47.98 a barrel

Oil slumps as Iran-Saudi discord dims freeze prospects

US benchmark West Texas Intermediate for delivery in November fell 3.5 per cent to $44.31 a barrel in New York trade on Tuesday

Oil steady as market awaits Algiers meeting; funds cut bullish bets

Brent crude futures were down 2 cents on the day at $45.87