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  • SYDNEY (Reuters) - BHP Billiton (BHP.AX) (BLT.L) said it sees a little downside risk for iron ore prices as Chinese demand moderates. The market was likely to come under pressure in the short term from ...

  • FILE PHOTO: Donald Trump holds three bars of gold bullion

    By Arpan Varghese (Reuters) - Gold prices fell as the dollar gained on Tuesday, with investors waiting for clues on the timing of any increase in U.S. interest rates from minutes of a Federal Reserve meeting ...

  • FILE PHOTO

    "This is a strong result that follows several years of a considered and deliberate approach to improve productivity and redesign our portfolio and operating model," Chief Executive Andrew Mackenzie said in a statement. The result follows an unexpected surge in commodity prices in 2016 on the back of renewed demand from …

  • Oil pump jacks are seen next to a strawberry field in Oxnard

    U.S. crude futures rose for a second day on Tuesday, with data showing hedge funds are betting big across oil markets following OPEC production cuts agreed last year. U.S. West Texas Intermediate crude (CLc1) was up 27 cents, or 0.5 percent, at $53.67 a barrel at 0511 GMT (12:11 a.m. ET) , after rising about 0.5 percent …

  • A tax proposed by Singapore on emissions of greenhouse gases will likely cover the city-state's oil refineries, a government official said on Tuesday, driving up costs in one of the region's key energy hubs. Singapore said in budget proposals announced on Monday that a carbon tax on direct emitters was set to be introduced …

  • A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport

    U.S. crude futures rose for a second day on Tuesday, with data showing hedge funds are betting big across oil markets following OPEC production cuts agreed last year. U.S. West Texas Intermediate crude (CLc1) was up 27 cents, or 0.5 percent, at $53.67 a barrel at 0511 GMT, after rising about 0.5 percent in a shortened …

  • An offshore oil platform is seen at the Bouri Oil Field off the coast of Libya

    U.S. crude futures rose for a second day on Tuesday, with data showing hedge funds are betting big across oil markets following OPEC production cuts agreed last year. U.S. West Texas Intermediate crude was up 27 cents, or 0.5 percent, at $53.67 a barrel at 0511 GMT, after rising about 0.5 percent in a shortened session …

  • In this Thursday, Feb. 16, 2017, photo, debris is piled on the ground awaiting pickup by cleanup crews at the Dakota Access oil pipeline protest camp in southern North Dakota near Cannon Ball. The camp is on federal land, and authorities have told occupants to leave by Wednesday, Feb. 22 in advance of spring flooding. (AP Photo/Blake Nicholson)

    CANNON BALL, N.D. (AP) — As dawn breaks over an encampment that was once home to thousands of people protesting the Dakota Access oil pipeline, a few hundred holdouts rise for another day of resistance.

  • The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures slid for a third consecutive session on Monday, falling ...

  • Biggest Gasoline Glut In 27 Years Could Crash Oil Markets

    Falling demand and consistent refinery runs have caused gasoline inventories to reach unexpected levels, significantly increasing downward pressure on crude

  • Medicine Hat, Alberta – known as ‘the Gas City’ – is setting up a sovereign fund as it aims to become economically independent, following in the footsteps of Qatar

  • Did The Bakken Fall Too Far Too Fast? Oilprice.com - 8 hours ago

    The Bakken has suffered the biggest decline of all U.S. shale plays during the oil price slump, but there are some clear signs of a rebound in the North Dakota oil patch

  • The Canada Border Services Agency said on Monday it would investigate whether silicon metal from Brazil, Malaysia and five other countries was being sold at unfairly low prices in Canada after a Quebec-based company filed a complaint. The agency said it was also looking at silicon originating or exported from Kazakhstan, …

  • A government-mediated meeting between BHP Billiton (NYSE: BBL - news) and striking workers at its Escondida copper mine in Chile (Stuttgart: 704599.SG - news) has failed, and workers will head back to their encampment without any future dialogue planned, a union spokesman said on Monday. "The company is continuing with …

  • A pump jack is seen at sunrise near Bakersfield

    Oil prices inched higher on Monday, as investor optimism over the effectiveness of producer cuts encouraged record bets on a sustained rally, although growing U.S. output and stubbornly high stockpiles kept price gains in check. Top OPEC exporter Saudi Arabia's crude oil shipments fell in December to 8.014 million barrels …

  • Oil prices inched higher on Monday, as investor optimism over the effectiveness of producer cuts encouraged record bets on a sustained rally, although growing U.S. output and stubbornly high stockpiles kept price gains in check. Top OPEC exporter Saudi Arabia's crude oil shipments fell in December to 8.014 million barrels …

  • Norway Doubles Down On Arctic Oil Oilprice.com - 9 hours ago

    For both economic and environmental reasons, the Arctic has largely become a no-go zone for Big Oil, but Norway is bucking this trend, increasing drilling in the area

  • The union representing striking workers at Chilean copper mine Escondida and mine owner BHP Billiton Plc sat down to talk on Monday afternoon after the government called a meeting in hopes of ending the 12-day-old strike. The stoppage at the world's biggest copper mine helped boost copper prices on expectations of tighter …

  • Saudi Arabia Breaks Records on Oil Exports and Output for Year

    Saudi Arabia boosted oil exports and production last year to the highest monthly averages on record as the global crude market endured oversupply.

  • With Irkutsk emerging as one of the new hubs in Russian oil & gas, Russian and international oil companies are vying for a slice of the cake

  • Oil tanks seen at the Saudi Aramco headquarters during a media tour at Damam city

    Saudi officials also talked to exchanges in Singapore, Hong Kong, Tokyo and Shanghai but are unlikely to pursue listing in those places, the newspaper said, citing people familiar with the matter. The listing is the centrepiece of a Saudi Arabian government plan to transform the kingdom by enticing investment and diversifying …

  • Shell defies doubters by predicting boom for liquefied natural gas

    Royal Dutch Shell has brushed off concern that the burgeoning market for liquefied natural gas is already oversupplied, after paying £36.5bn to buy market leader BG Group. A deluge of LNG could push down prices just as Shell works to pay down the heavy cost of the tie-up. “The outlook for LNG demand is set to grow at …

  • Saudi Arabia is favoring New York to list state oil giant Saudi Aramco , while also considering London and Toronto for the prospect of floating the firm, the Wall Street Journal reported on Monday. Saudi ...

  • SAO PAULO/RIO DE JANEIRO (Reuters) - Vale SA (VALE.N) (VALE5.SA) plans to become a company with no defined controlling shareholder as soon as possible, in a landmark step aimed at enhancing transparency and equal rights for all shareholders in the world's largest iron ore producer. Under those terms, they will present …

  • Research and Markets has announced the addition of the "Global Gas Station Equipment Market 2017-2021" report to their offering.

  • General view of Sheaiba oil refinery in Basra

    Oil prices inched higher on Monday, as investor optimism over the effectiveness of producer cuts encouraged record bets on a sustained rally, although growing U.S. output and stubbornly high stockpiles kept price gains in check. Top OPEC exporter Saudi Arabia's crude oil shipments fell in December to 8.014 million barrels …

  • Striking workers at Chilean copper mine Escondida and mine owner BHP Billiton will go ahead with a meeting on Monday afternoon, the union told Reuters. The government had invited the two sides to meet ...

  • Oil exporter Saudi starts hunt for solar, wind firms

    Saudi Minister of Energy, Industrial and Mineral Resources, Khaled al-Falih, said the kingdom will begin its plan to wean itself off oil

  • Oil Gains On Prospect Of OPEC Deal Extension

    Oil prices gained slightly on Presidents Day as traders remain positive about the possibility of an extension of the OPEC deal

  • COT-Crude Oil Ownership Profile Registers another Record!

  • FILE PHOTO: A man pumps petrol for his car at a petrol station in Hanoi

    Oil pricing agency S&P Global Platts (SPGI.N) is making the first major overhaul of its Brent oil price assessment in a decade, to address falling supplies of the crude oil grades underpinning the benchmark that prices most of the world's oil. Platts said on Monday it would add Norway's Troll to the basket of four British …

  • Oil pricing agency S&P Global (Frankfurt: 851710 - news) Platts is making the first major overhaul of its Brent oil price assessment in a decade, to address falling supplies of the crude oil grades underpinning the benchmark that prices most of the world's oil. Platts said on Monday it would add Norway's Troll to the …

  • This Copper Hotspot Faces Another Shutdown Oilprice.com - 14 hours ago

    Copper mine shutdowns in Chile and Indonesia have already led to a jump in prices, but headwinds from the Chilean government are quickly leading to more shutdowns

  • A Billion Barrels of Bets Backing Stagnant Oil Price: Chart

    For the first time ever, hedge funds hold more than a billion barrels of bets that crude oil prices will rally. Money managers last week extended their faith in OPEC-led supply cuts, increasing outright ...

  • Oversupply concerns and relatively low oil prices didn’t keep nations in the Middle East from spending $294 billion on oil, gas and petrochemicals

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