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Brent holds below $105, moderate demand outlook offsets strong data
Reuters* Firm equity markets, strong U.S. data support * Demand growth outlook remains moderate * Oil markets are well supplied -analyst By Ramya Venugopal CHENNAI, India, May 20 (Reuters) - Brent crude futures held below $105 per barrel on Monday...Tags: Weather, Petroleum Industry, Weather Reports
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COLUMN-Busting the carbon budget: Kemp
Reuters(John Kemp is a Reuters market analyst. The views expressed are his own) By John Kemp LONDON, May 17 (Reuters) - Budgets are made to be broken - especially when they are written by politicians. Unfortunately it seems the world is on course to break the...Tags: Conservation, Physical Fitness and Exercise, Science and Technology, Environmental Issues, Metal and Mineral
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RPT-ANALYSIS-Budget deficit cut adds to optimism about U.S. assets
Reuters(Repeats story from early in the day) By Steven C. Johnson NEW YORK, May 16 (Reuters) - U.S. companies are hiring more workers and home prices, stock markets and energy production are climbing. But a sudden narrowing in the U.S. budget deficit could...Tags: Real Estate, Congressional Budget Office, Japan, Standard & Poor's Financial Services LLC, Petroleum Industry
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ANALYSIS-Budget deficit cut adds to optimism about U.S. assets
ReutersBy Steven C. Johnson NEW YORK, May 16 (Reuters) - U.S. companies are hiring more workers and home prices, stock markets and energy production are climbing. But a sudden narrowing in the U.S. budget deficit could trump all that - and provide another leg...Tags: Real Estate, Congressional Budget Office, Japan, Standard & Poor's Financial Services LLC, Public Finance
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COLUMN-China oil demand down 12 pct in 4 mths? No way: Clyde Russell
Reuters--Clyde Russell is a Reuters market analyst. The views expressed are his own.-- By Clyde Russell LAUNCESTON, Australia, May 16 (Reuters) - The decline in China's implied oil use in April to an 8-month low, coupled with flat crude imports, gives the...Tags: Auto Trends, China, Petroleum Industry, Inventories
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PRESS DIGEST-Canada- May 15
ReutersMay 15 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL * British Columbians voted overwhelmingly to send the Liberal...Tags: United Nations, Netflix Inc., Mutual Funds, Pension and Welfare, Corporate Officers
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Statoil to call tender for carbon capture technology
Reuters* Statoil plans to award contract in 2014 * Five companies took part in pre-qualification * Parliament expected to decide in 2016 OSLO, May 15 (Reuters) - Norwegian oil and gas firm Statoil will call a tender in the coming weeks to acquire technology...Tags: Manufacturing and Engineering, Investments, Politics, Petroleum Industry, Lima (Peru)
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Brent holds above $102 as dollar eases, but supply outlook weighs
Reuters* IEA predicts rising supply from U.S. * U.S. crude inventories rose by 1.1 mln bbls, above f'cast -API * Brent to drop to $101.35 -technicals * Coming up: U.S. EIA weekly crude stocks at 1430 GMT By Manash Goswami SINGAPORE, May 15 (Reuters) - Brent...Tags: Singapore, Inventories, American Petroleum, Analysts' Comments
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GLOBAL MARKETS-U.S. stocks jump to record highs, dollar rises
Reuters* Wall Street shares resume rise on steady growth outlook * S&P 500, Dow rise to record intraday highs * Dollar index climb to strongest level since July * Oil, gold prices extend recent losses; bond yield rise By Richard Leong NEW YORK, May 14...Tags: Lisle, Nikkei, Japan, Globalization, Metal and Mineral
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U.S. cash crude differentials mixed as Brent/WTI spread seesaws
Reuters* Crude futures settle lower after choppy trading * Brent/U.S. crude spread narrows, then ends wider NEW YORK, May 14 (Reuters) - Cash crude differentials in the United States were mixed on Tuesday, seesawing with crude futures and the transatlantic...Tags: BP Plc, Upstream Oil and Gas Activities, Valero Energy Corp., TransCanada Corporation, Valero LP
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GLOBAL MARKETS-U.S. stocks power to record highs, dollar firm
Reuters* Wall Street shares resume rise on steady growth outlook * S&P 500, Dow rise to record intraday highs * Dollar index strengthens further as yen weakens * Oil prices dip; gold extends losing streak By Richard Leong NEW YORK, May 14 (Reuters) - Wall...Tags: Lisle, Nikkei, Environmental Issues, Globalization, Japan
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Energy costs require rethink for EU heavy industry: IEA
ReutersBRUSSELS (Reuters) - Europe faces higher fuel costs than the United States and China for the foreseeable future and therefore needs to reconsider its reliance on energy-intensive industry, the chief economist of the International Energy Agency said....Tags: Energy Saving, International Organizations, Science and Technology, Environmental Issues, China
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May 17, 2013
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