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Oil market turmoil could last for years, executives say

Oil market turmoil could last for years, executives say

LONDON, Oct 5 (Reuters) - Shipping bottlenecks, deep cuts in refinery output and inventory draws that could take years to replace will keep global oil prices high beyond this year, industry executives said at a conference in London on Monday. 
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Oil steadies on rise in Middle East crude exports and G7 stocks release

Oil steadies on rise in Middle East crude exports and G7 stocks release

By Seher Dareen LONDON, Oct 5 (Reuters) - Oil prices edged higher in volatile trade on Monday after crude exports from the Middle East increased and the Group of Seven nations pledged to boost supplies, though selling was limited by ongoing disruption fears linked to the US-Israeli war on Iran.
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Oil prices fall nearly 2% as Middle East supply concerns ease

Oil prices fall nearly 2% as Middle East supply concerns ease

NEW YORK, Oct 6 (Reuters) - Oil prices fell nearly 2% on Tuesday as supply concerns eased due to increased Middle Eastern crude exports and an agreement by the Group of Seven countries to release emergency diesel and crude stockpiles.
ReutersReuters
Oil falls as Middle East crude exports rise, G7 to release stocks

Oil falls as Middle East crude exports rise, G7 to release stocks

By Florence Tan NEW DELHI/SINGAPORE, Oct 5 (Reuters) - Oil prices fell on Monday as rising Middle East crude exports and a release of oil stocks by the Group of Seven nations boosted supplies, offsetting concerns about further damage to Gulf oil infrastructure as the US-Israeli war on Iran drags on.
ReutersReuters
Oil slips as Middle East crude exports rise, G7 to release stocks

Oil slips as Middle East crude exports rise, G7 to release stocks

By Florence Tan SINGAPORE, Oct 5 (Reuters) - Oil prices slipped on Monday as rising crude exports from the Middle East and a release of oil stocks from Group of Seven nations are adding to supplies despite ongoing concerns about further damage to Gulf oil infrastructure amid the Iran war.
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As Trump Dithers, Ukraine War Is Approaching a ‘Fatal Point of No Return’

As Trump Dithers, Ukraine War Is Approaching a ‘Fatal Point of No Return’

Russia is escalating while the Trump administration pursues deals that could help Moscow’s war economy
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Euro bounces as falling French bond yields temper debt concerns

Euro bounces as falling French bond yields temper debt concerns

By Chuck Mikolajczak NEW YORK, Oct 6 (Reuters) - The euro rebounded on Tuesday and was on pace for its strongest move higher in a month after falling to its lowest in 17 months in the prior day, as a pullback in French government bond yields cooled fears about strain in euro zone debt markets.
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OPEC+ agrees in principle to keep November oil output targets steady, sources say

OPEC+ agrees in principle to keep November oil output targets steady, sources say

By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova LONDON/MOSCOW, Oct 4 (Reuters) - OPEC+ has agreed in principle to keep oil production targets steady for November, three sources close to the matter said ahead of the group's meeting on Sunday.
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Chevron elevates CFO to lead oil and gas operations

Chevron elevates CFO to lead oil and gas operations

By Sheila Dang and Katha Kalia HOUSTON, Oct 5 (Reuters) - Chevron Chief Financial Officer Eimear Bonner will become president of the US oil producer's oil, products and gas business, the company said on Monday. 
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Cost-of-living crises have lasting impact on inflation expectations, poverty, IMF says

Cost-of-living crises have lasting impact on inflation expectations, poverty, IMF says

By Andrea Shalal WASHINGTON, Oct 6 (Reuters) - Sharp spikes in food and energy prices will likely become more common, the International Monetary Fund said, warning such crises drive inflation expectations higher for longer, worsen poverty and threaten economic stability.
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Middle East oil exports top pre-war levels for part of September but tanker attacks increase

Middle East oil exports top pre-war levels for part of September but tanker attacks increase

By Florence Tan SINGAPORE, Oct 5 (Reuters) - Gulf oil exporters topped pre-war levels for about half of September, shipping data showed on Monday, though attacks on tankers and logistical constraints cloud the outlook for sustained higher flows.
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Trump expands access to tax-exempt diesel fuel

Trump expands access to tax-exempt diesel fuel

By Jarrett Renshaw and Kanishka Singh GRAND ISLAND, Nebraska, Oct 5 (Reuters) - US President Donald Trump signed an executive order on Monday to expand access to tax-exempt diesel that he unveiled from a rally stage in Nebraska.