Energy Correspondent, London
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Jul 14, 2015

Low oil price domino effect to shut more North Sea fields early

LONDON, July 14 (Reuters) – Low oil prices have tightened
the screws on some of the most depleted and costly oilfields in
Britain’s North Sea, forcing operators to cease production
earlier than planned and adding to fears of a domino effect in
mature areas.

For years North Sea producers have delayed expensive
decommissioning projects, supported by high oil prices that have
helped paper over soaring operating costs.

Jul 13, 2015

Slowing China, supply gluts limit upside for commodities in third-quarter

LONDON (Reuters) – A slowdown in China, a strong dollar and high inventories will limit the upside for commodity price performance in coming months, although leading fund managers still see pockets of value in areas such as refined oil products.

The bearish cocktail could choke off resurgent investor interest in commodities. Net inflows topped $7.8 billion in the first half of the year, Barclays data showed, the highest in four years.

Jul 13, 2015

Slowing China, supply gluts limit upside for commodities in Q3

LONDON, July 13 (Reuters) – A slowdown in China, a strong
dollar and high inventories will limit the upside for commodity
price performance in coming months, although leading fund
managers still see pockets of value in areas such as refined oil
products.

The bearish cocktail could choke off resurgent investor
interest in commodities. Net inflows topped $7.8 billion in the
first half of the year, Barclays data showed, the highest in
four years.

Jul 1, 2015

Songwriter Emily Portman on folk tales and motherhood

LONDON (Reuters) – British songwriter Emily Portman draws on folklore, fairy tales and mythology to craft haunting, ethereal songs that weave the otherworldly with the everyday.

Typical subjects for her first two albums included metamorphosis, mythical creatures and wicked stepmothers, but on her new album “Coracle”, out in June, she also draws on personal experience in songs tackling pregnancy and motherhood, grief and loss.

Jul 1, 2015

Interview – Songwriter Emily Portman on folk tales and motherhood

LONDON (Reuters) – British songwriter Emily Portman draws on folklore, fairy tales and mythology to craft haunting, ethereal songs that weave the otherworldly with the everyday.

Typical subjects for her first two albums included metamorphosis, mythical creatures and wicked stepmothers, but on her new album “Coracle”, out in June, she also draws on personal experience in songs tackling pregnancy and motherhood, grief and loss.

Jun 26, 2015

Oil slips as market awaits Iran, Greece talks

LONDON, June 26 (Reuters) – Oil prices slipped on Friday but
remained stuck in tight trading ranges as investors awaited the
outcome of Iranian nuclear talks which could lead to a big
increase in Iranian crude exports.

The market also monitored last-minute negotiations to try to
avert a Greek debt default and avoid Greece’s exit from the
euro.

Jun 26, 2015

Oil prices mixed, all eyes on Greece

LONDON (Reuters) – Oil prices slipped on Friday but remained stuck in tight trading ranges as investors awaited the outcome of Iranian nuclear talks which could lead to a big increase in Iranian crude exports.

The market also monitored last-minute negotiations to try to avert a Greek debt default and avoid Greece’s exit from the euro.

Jun 16, 2015

U.S. oil prices edge up as Texas braces for storm; Brent lower

LONDON (Reuters) – U.S. crude oil prices edged up on Tuesday, supported by warnings that a tropical storm threatened to hit the coast of the oil-producing state of Texas, but oversupply weighed on Brent.

U.S. crude, also known as West Texas Intermediate (WTI), was up 34 cents at $59.86 a barrel at 1044 GMT, staying within a range of $57-$62 per barrel that has been in place since the beginning of May.

Jun 16, 2015

Job losses in UK’s North Sea raise skills and safety concerns

LONDON, June 16 (Reuters) – Cost-cutting in Britain’s North
Sea oil and gas sector could lead to more acute skills shortages
in future, industry experts have warned, with some expressing
concerns that safety could be compromised.

A plunge in crude prices over the last 12 months has
prompted oil majors such as Royal Dutch Shell, BP
, Chevron and ConocoPhillips to lay off
hundreds of workers.

Jun 16, 2015

Oil prices rise as Texas braces for tropical storm

LONDON, June 16 (Reuters) – U.S. crude oil prices edged up
on Tuesday, supported by warnings that a tropical storm was
about to hit the coast of the oil-producing state of Texas,
while oversupply kept Brent steady.

U.S. crude, also known as West Texas Intermediate
(WTI), was up 51 cents at $60.03 a barrel at 0803 GMT, staying
within a range of $57-$62 per barrel that has been in place
since the beginning of May.

    • About Claire

      "At Reuters I am an energy correspondent covering the oil markets and investment trends in commodities. Prior to this I focused on the asset management industry. Before joining Reuters I edited Global Investor, a monthly magazine for the institutional investment industry, and Portfolio International, a magazine for the offshore funds industry."
      Joined Reuters:
      2006
      Languages:
      English
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