Energy News Results

  • TABLE-UAE's Fujairah oil inventory data for week ended Sept 16

    Fujairah Oil Industry Zone on Wednesday published, via industry information service S&P Global Platts, the following weekly inventory data for oil products for the week ended Sept. 16.

  • China's Unipec accelerates U.S. crude purchases after Saudi oil attacks

    China's Unipec, the trading arm of Asia's top oil refiner Sinopec, chartered at least four crude tankers this week from the United States, ramping up shipments after attacks on Saudi Arabia's oil facilities and as trade tensions between the world's two largest economies cool, sources said on Tuesday.

  • China's Unipec ramps up U.S. crude shipments after attacks on Saudi oil facilities

    Unipec, the trading arm of Asia's top refiner Sinopec, chartered at least four crude tankers this week from the United States, ramping up purchases after attacks on Saudi Arabia's oil facilities and as trade tensions between the world's two largest economies cool, sources said.

  • Cheniere signs gas deals linked to spot LNG with U.S. shale producer

    * Second time Cheniere signs to buy gas linked to LNG spot price. * Shows upstream U.S. gas producers taking on LNG price risk. * May make U.S. LNG more competitive in Asian market -analyst. By Jessica Jaganathan.

  • Oil plummets 6% as Saudi minister says supplies fully restored

    Oil prices tumbled about 6% on Tuesday after Saudi Arabia's energy minister said the country has managed to restore oil supplies to where they stood before weekend attacks on its facilities shut 5% of global oil output. Saturday's attacks raised the specter of a major supply shock in a market that in recent months has been preoccupied with demand concerns and faltering global growth.

  • Bunge sees Brazil's CS cane crush stable next season

    * Brazil's 2019/20 center-south sugar output seen at 26.6 million tonnes versus 26.5 million tonnes in previous season, says commodities trader Bunge (BG). * Bunge (BG) sees Brazil's CS sugar production in a range between 28.6-29.6 million tonnes in 2020/21. * Brazil's 2019/20 CS ethanol output seen at 32.15 billion liters versus 30.95 billion liters in previous season - Bunge.

  • Buyers of Saudi oil scramble for alternatives, U.S. exports ramp up

    * China buys about a quarter of Saudi exports. * U.S. exports expected to jump. * Saudi Aramco refining output down about 1 mln bpd -analyst. * Top Saudi crude buyer interactive: https://tmsnrt.rs/31oLW7G. * Top global oil consumers interactive: https://tmsnrt.rs/31szYKj. By Jessica Jaganathan and Jessica Resnick-Ault.

  • Battered U.S. oil producers soar on Saudi attacks

    Shares of U.S. oil and gas companies surged on Monday, as a jump in oil prices in the wake of attacks on Saudi Arabia's oil facilities drove a relief rally in one of the S&P 500's worst performing sectors this year.

  • BRIEF-Pertamina to receive 1st crude purchase from ExxonMobil's Cepu Block entitlement

    Exxon Mobil Corp (XOM): * PERTAMINA TO RECEIVE FIRST PURCHASE OF CRUDE OIL FROM EXXONMOBIL INDONESIAN UNIT'S ENTITLEMENT IN CEPU BLOCK ON SEPT 20 - SENIOR ENERGY MINISTRY OFFICIAL DJOKO SISWANTO. * PERTAMINA'S FIRST PURCHASE WILL BE 600,000 BARRELS - SISWANTO Source text for Eikon: Further company coverage:

  • Oil jumps nearly 15% in record trading after attack on Saudi facilities

    Oil ended nearly 15% higher on Monday, with Brent logging its biggest jump in over 30 years and a record trading volumes, after an attack on Saudi Arabian crude facilities cut the kingdom's production in half and intensified concerns of retaliation in the Middle East. Brent crude futures settled at $69.02 a barrel, rising $8.80, or 14.6%, its largest one-day percentage gain since at least 1988.

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