ENR

Asian stocks and oil prices rise as Chinese speculation swirls

Asian stocks and oil prices rise as Chinese speculation swirls

https://tmsnrt.rs/2zpUAr4 China real estate stocks rally in political support Euro targets 5-month high, dollar nearly 3-month low against yen Oil prices bounce off China hopes, talk of production cuts SYDNEY, Nov 29 (Reuters) – Asian stocks rallied on Tuesday as Beijing’s latest move to prop up developers boosted the property sector and rumors swirled that …

Asian stocks and oil prices rise as Chinese speculation swirls Read More »

Chevron expects Venezuelan oil shipments, but PDVSA wants payments

Chevron expects Venezuelan oil shipments, but PDVSA wants payments

HOUSTON, Nov 28 (Reuters) – Chevron Corp (CVX.N) aims to start receiving shipments of Venezuelan oil as early as December after the oil company last week received a U.S. license to do so, but Caracas is unable to -be not as impatient as the United States. the sanctions restrict payments, people familiar with the matter …

Chevron expects Venezuelan oil shipments, but PDVSA wants payments Read More »

Global oil market signals near-term weakness ahead of EU embargo on Russian oil

Global oil market signals near-term weakness ahead of EU embargo on Russian oil

NEW YORK, Nov 28 (Reuters) – The global oil market is signaling a potential shift as traders and analysts worry about falling demand for crude and a surplus market in the coming months. After months of strength, crude futures are flirting with all-year lows as major oil consumer China enters additional COVID-19-related lockdowns while central …

Global oil market signals near-term weakness ahead of EU embargo on Russian oil Read More »

Chevron can resume a key role in Venezuela's oil production and exports

Chevron can resume a key role in Venezuela’s oil production and exports

WASHINGTON/HOUSTON, Nov 26 (Reuters) – Chevron Corp on Saturday received a U.S. license allowing the second-biggest U.S. oil company to expand production in Venezuela and ship crude oil from the South American country to the United States . The ruling grants broader rights to the last major US oil company still operating in US-sanctioned Venezuela. …

Chevron can resume a key role in Venezuela’s oil production and exports Read More »

US ready to allow Chevron to increase oil production in Venezuela

US ready to allow Chevron to increase oil production in Venezuela

US ready to allow oil giant to produce and sell Venezuelan oil Chevron owes billions in unpaid debt to state-owned PDVSA US aims to transfer Venezuelan oil sales from shadow companies HOUSTON, Nov 23 (Reuters) – Chevron Corp could soon win U.S. approval to expand operations in Venezuela and resume trading in its oil once …

US ready to allow Chevron to increase oil production in Venezuela Read More »

Stocks turn ahead of Fed minutes as oil falls on price cap plan

Stocks turn ahead of Fed minutes as oil falls on price cap plan

Fed Minutes for November at 7:00 p.m. GMT American Thanksgiving holiday on Thursday Stocks post weak gains globally Eurozone economic data point to recession China hit by rising COVID-19 infections LONDON, Nov 23 (Reuters) – Global stocks rebounded on Wednesday ahead of minutes of a Federal Reserve meeting that could shed light on whether the …

Stocks turn ahead of Fed minutes as oil falls on price cap plan Read More »

Qatar strikes 27-year LNG deal with China as competition intensifies

Qatar strikes 27-year LNG deal with China as competition intensifies

Talks with other Chinese and European buyers underway -Kaabi Says buyers can take up to 5% stake in expansion Agreement indicates importance of long-term secure supply DOHA, Nov 21 (Reuters) – QatarEnergy has signed a 27-year deal to supply China’s Sinopec with liquefied natural gas in the longest LNG deal to date as volatility drives …

Qatar strikes 27-year LNG deal with China as competition intensifies Read More »

Asian stocks, oil prices skid on China COVID outbreaks

Asian stocks, oil prices skid on China COVID outbreaks

https://tmsnrt.rs/2zpUAr4 Chinese stocks skid as Beijing coronavirus cases rise Dollar and bonds firm ahead of Fed minutes Oil prices fall again after losing 10% last week SYDNEY, Nov 21 (Reuters) – Asian stock markets and oil prices fell on Monday as investors worried about the economic fallout from new COVID-19 restrictions in China, with resulting …

Asian stocks, oil prices skid on China COVID outbreaks Read More »

Asian stocks mixed on Fed warning, China hopes

Cautious stocks, US yield curve deep in recession territory

https://tmsnrt.rs/2zpUAr4 Markets choppy after Fed rate warnings Most inverted U.S. yield curve since 1981 The dollar is selling again, but off the lows of the week SYDNEY, Nov 18 (Reuters) – Asian stocks were in a cautious mood on Friday after U.S. Federal Reserve officials fired more warning shots on interest rates amid rising coronavirus …

Cautious stocks, US yield curve deep in recession territory Read More »