American Petroleum

TOKYO, June 13 (Reuters) - U.S. oil prices edged down on Thursday, reversing gains from the previous day, after an unexpected build-up in U.S. inventories and as the International Energy Agency said demand would remain sluggish. FUNDAMENTALS * NYMEX...

(John Kemp is a Reuters market analyst. The views expressed are his own) By John Kemp LONDON, June 12 (Reuters) - Shale gas supporters say it can cut greenhouse emissions by replacing dirtier fuels such as coal, but critics warn it is worsening...

* U.S. crude stocks jump 9 mln bbls -API * OPEC to keep pumping more oil than output target * OPEC, EIA lower demand outlooks * Fears of central bank tightening weigh on prices PERTH, June 12 (Reuters) - Brent futures dropped toward $102 on Wednesday,...

* Crude futures fall, but settle above intraday lows * Brent/U.S. crude spread narrows, ends below $8/bbl NEW YORK, June 11 (Reuters) - Most cash crude differentials in the United States weakened on Tuesday as oil futures slipped and the transatlantic...

TOKYO, June 12 (Reuters) - U.S. oil prices fell about half a percent on Wednesday, dropping for a third straight session, on concern demand could be hit if major central banks curb their commitment to stimulus measures and after an unexpected build-up...

TOKYO, June 11 (Reuters) - U.S. oil edged higher on Tuesday, supported by a halt in the rise of the U.S. dollar, partly reversing a fall in the previous session due to demand concerns after weak China data. FUNDAMENTALS * NYMEX crude for July...

* US manufacturing activity contracts in May to 4-year low * US crude stocks seen down on lower imports, products up - poll * Dollar wallows at 1-month lows against a basket of major currencies * Coming Up: API weekly crude stocks; 2030 GMT By...

* Tullow data covers 8 countries, but not contract terms * U.S., EU legislation will require greater transparency * Tullow says Uganda could earn $50 bln from existing finds By Andrew Callus LONDON, May 31 (Reuters) - Africa-focused Tullow Oil Plc...

TOKYO, May 30 (Reuters) - U.S. crude futures fell below $93 a barrel on Thursday, extending declines from a near 2-percent drop a day earlier, pressured by weak shares and an unexpected rise in U.S. crude inventories. FUNDAMENTALS * NYMEX crude for...

On Wednesday, President Obama was in town for a fundraiser, and I headed down to the Hilton Chicago on South Michigan to cover the Keystone protest. A couple things: 1) It’s telling that despite the supposed scandals engulfing the president, I...

By John Kemp LONDON, May 28 (Reuters) - North Dakota's residents have received an enormous income windfall from the shale boom, but strong local demand for trucking and fracking fuel has left them facing the highest gasoline prices in the mainland United...

* Dlr under pressure as Fed could maintain stimulus for now * Asian shares follow global equities lower * Brent to rebound to $103.14 -technicals * Coming up: U.S. EIA weekly crude stocks at 1500 GMT By Manash Goswami SINGAPORE, May 30 (Reuters) -...