Asia oil thirst tab $1 trillion a year as crude rises to $80

Brent crude futures reached an intraday high of $80.18 a barrel before receding to $79.67.....»»

By Henning Gloystein, Rajendra Jadhav and Neil Jerome Morales.....»»

Caution gripped Asian share markets on Monday amid expectations a busy week of corporate earnings reports and economic data will drive home the damage done by the global virus lockdowns, while a glut of supply sent U.S. crude spiraling to 20-year lows......»»

Caution gripped Asian share markets on Monday amid expectations a busy week of corporate earnings reports and economic data will drive home the damage done by the global virus lockdown, while a glut of supply sent U.S. crude spiraling to 20-year lows......»»

Caution gripped Asian share markets on Monday on expectations a busy week of corporate earnings reports and economic data will drive home the damage done by the global virus lockdown, while a glut of supply sent U.S. crude spiraling to 20-year lows......»»

Oil prices steadied on Tuesday, with the U.S. crude benchmark climbing off 18-year lows after U.S. President Donald Trump and Russian counterpart Vladimir Putin agreed to talks on stabilising energy markets......»»

China's crude oil throughput rose to a record in June, up 7.7% from a year earlier, following the start-up of two new, large refineries, official data showed on Monday......»»

Brent oil prices edged up on Friday, supported by tensions over Iran and a decision by OPEC and its allies to extend an output supply cut deal until next year, while U.S. benchmark crude prices fell on weak economic indicators......»»

Crude advanced to the highest this year after a further reduction in supply from OPEC signaled that global markets are tightening......»»

Trump's tweet fizzled out too soon with both WTI and Brent crude prices pivoting higher yesterday to touch their three-year highs at $ 68.64 a barrel and $ 74.71 .....»»

Excise duty and additional taxes are estimated to fetch the government about Rs 2.5 trillion in the year ending March 2019.....»»

TOKYO (Reuters) - Asia stocks pulled back on Tuesday, after an uninspiring performance on Wall Street eclipsed support from U.S.-China trade optimism, while supply concerns kept crude oil prices near 3-1/2-year highs......»»

Jacquelyn Martin/AP The US national debt stands at more than $21 trillion– a milestone hit rough.....»»

Oil settled at a fresh three-year high in New York as the International Energy Agency opened discussions with major oil-producing nations about collapsing output from Venezuela, home to the world’s biggest petroleum reserves......»»

China bought a fifth of American crude-oil exports last year, leaving trade leaves U.S. oil producers vulnerable in the escalating trade fight between the world’s two biggest economies......»»

Americans' borrowing reached $13.29 trillion in the second quarter, up $454 billion from a year ago, marking a 16th consecutive quarter of increases, a New York Federal Reserve report released on Tuesday showed......»»

Asia stocks struggled on Tuesday as the latest round of U.S.-China tariffs revived fears the trade dispute would knock global growth, while crude oil was elevated near four-year highs after Saudi Arabia and Russia ruled out immediate production increases......»»

Oil futures rise Friday on signs of tightening supplies, with global crude prices holding on to four-year highs......»»

ReutersBrent oil rises to four-year high ahead of Iran sanctions, traders eye more hikesReutersSINGAPORE (Reuters) - Brent crude oil prices ros.....»»

The global construction industry is expected to grow by an average of 3.6% a year over the forecast period 2018 to 2022, according to .....»»