Shares fragile, dollar soars on growth scare and Fed bets

World shares steady, earnings prop up Europe, US futures dip China stocks fall further as Beijing races to battle COVID Dollar hits fresh 2-year peak on China COVID fears, Fed bets Yuan above 1-year low after PBOC cuts FX reserve ratio Graphic: Global asset performance MILAN, April 26 (Reuters) – World shares steadied on Tuesday … Read more

Oil slumps 4% as Shanghai lockdowns stoke demand fears

Pump jacks operate at sunset in Midland, Texas US February 11, 2019. Picture taken February 11, 2019. REUTERS/Nick Oxford/File Photo Register now for FREE unlimited access to Reuters.com Register Shanghai COVID lockdowns drag into fourth week EU considers ‘smart sanctions’ on Russian oil -media US dollar hits two-year high on potential interest rate rise NEW … Read more

Norway arrests activists blocking tanker unloading Russian oil

OSLO, April 25 (Reuters) – Norwegian police said they had arrested 20 Greenpeace and Extinction Rebellion campaigners who on Monday blocked a tanker from delivering Russian oil to an Exxon Mobil terminal. In a protest against Russia’s invasion of Ukraine, activists had fastened their red rubber dinghy to the Ust Luga’s anchor chain, Greenpeace said, … Read more

India refiners skip Rosneft crude tenders on ‘biased’ terms -sources

The logo of Russia’s top crude producer Rosneft is seen on the top of a building in Stavropol, southern Russia, December 9, 2014. REUTERS/File Photo Register now for FREE unlimited access to Reuters.com Register NEW DELHI, April 21 (Reuters) – India’s state refiners did not submit bids in tenders issued by Russia’s top oil producer … Read more

Exxon Mobil may completely withdraw from Russia by June 24 – sources

A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, April 21 (Reuters) – Exxon Mobil Corp (XOM.N) is considering a complete withdrawal from Russia by … Read more

For oil refiners, now is the summer of distillate content

A nighttime view of Marathon Petroleum’s Los Angeles Refinery, which processes domestic & imported crude oil into gasoline, diesel fuel, and other refined petroleum products, in Carson, California, US, March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan Register now for FREE unlimited access to Reuters.com Register April 21 (Reuters) – Refiners are planning … Read more

Russia’s Rosneft seeks rubles up front in oil tenders -sources

Aligns with Putin’s demand for rubles trade in gas Leaves scope for other currencies but may refuse sales Rosneft facing fall in deals with term buyers May volumes would usually have been placed with term buyers April 20 (Reuters) – Russia’s Rosneft has asked for rubles and full prepayments in tenders for crude, sources have … Read more

Morning Bid: More of the same

US dollar and Japan yen notes are seen in this photo illustration June 2, 2017. REUTERS/Thomas White/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in markets from Julien Ponthus. Many recent trends seem to be accelerating across financial markets this morning with notably the dollar climbing … Read more

Greece impounds Russian tanker as part of EU sanctions against Moscow

ATHENS, April 19 (Reuters) – Greece has impounded a Russian oil tanker off the island of Evia, the Greek coastguard said on Tuesday, as part of European Union sanctions imposed on Moscow over its invasion of Ukraine. Earlier this month, the EU banned Russian-flagged vessels from the 27-nation bloc’s ports, with some exemptions, as it … Read more

Oil prices rise on supply concerns as Ukraine crisis deepens

The chimneys of the Total Grandpuits oil refinery are seen just after sunset, southeast of Paris, France, March 1, 2021. REUTERS/Christian Hartmann Register now for FREE unlimited access to Reuters.com Register Brent futures up 1.3% at 0030 GMT, WTI gains 0.9& Libya halts operations at El Feel oilfield due to protests US oil drilling, output … Read more