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Top related persons:
Trixie Yap - 2 Yuka Obayashi - 2 Nick Oxford - 1 Leon Li - 1 Kelvin Wong - 1 Jamie Freed - 1 Simon Cameron - 1 Moore - 1
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REUTERS - 2 Brent - 2 U.S - 2 Thomson - 2 Midland , Texas U.S - 1 West Texas - 1 Markets - 1 ING - 1

Search resuls for: "Trixie Sher Li Yap Yuka Obayashi"


2 mentions found


☆ Oil falls 1% as mixed China trade data offset supply cuts
  + stars: | 2023-11-07 | by ( Trixie Sher Li Yap Yuka Obayashi | Trixie Sher Li Yap | Yuka Obayashi | ) www.reuters.com   time to read: +3 min
REUTERS/Nick Oxford/File Photo Acquire Licensing RightsNov 7 (Reuters) - Oil prices slipped by 1% on Tuesday, erasing most of Monday's gains, as mixed economic data from the world's second largest oil consumer China and winter demand worries offset the impact of Saudi Arabia and Russia extending output cuts. Both benchmarks gained about 30 cents on Monday after top exporters Saudi Arabia and Russia reaffirmed their commitment to extra voluntary oil supply cuts until the end of the year. Expectations of crude run reductions by China-based refiners between November and December may limit oil demand and exacerbate price declines. Looking ahead on the supply side, markets are waiting to see how long Saudi Arabia and Russia are ready to rein in production. Moscow also announced it would continue its additional voluntary supply cut of 300,000 bpd from its crude oil and petroleum product exports until the end of December.
Persons: Nick Oxford, Leon Li, Kelvin Wong, Trixie Yap, Yuka Obayashi, Jamie Freed, Simon Cameron, Moore Organizations: Midland , Texas U.S, REUTERS, Brent, U.S, West Texas, Markets, ING, Thomson Locations: Midland , Texas, China, Saudi Arabia, Russia, Shanghai, OPEC, Moscow, Singapore, Tokyo
☆ Oil rises on large US stockpile draw, hurricane jitters
  + stars: | 2023-08-30 | by ( Trixie Sher Li Yap Yuka Obayashi | Trixie Sher Li Yap | Yuka Obayashi | ) www.reuters.com   time to read: +3 min
Analysts polled by Reuters prior to the data had estimated on average a draw of 3.3 million barrels. The offshore Gulf of Mexico accounts for about 15% of U.S. oil output and about 5% of natural gas production, according to the Energy Information Administration (EIA). Oil major Chevron Corp CVX.N evacuated some staff from the region, but production was continuing at the sites its operates in the Gulf of Mexico. Oil supply is expected to remain tight as analysts expect Saudi Arabia, the world's biggest oil exporter, will extend its voluntary output cut into October. However, worries about fuel demand and the mixed economic situation in China, the world's biggest oil importer, kept a lid on prices.
Persons: Lucy Nicholson, Toshitaka Tazawa, Yuka Obayashi, Trixie Yap, Christian Schmollinger, Kim Coghill Organizations: REUTERS, Brent, . West Texas, U.S, American Petroleum Institute, Reuters, Fujitomi Securities Co, Hurricane, Energy Information Administration, . Oil, Chevron Corp CVX.N, Capital, Thomson Locations: Bakersfield , California, SINGAPORE, U.S, Gulf, Mexico, Gulf of Mexico, Saudi Arabia, Asia, Gabon, China, Tokyo, Singapore
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