Energy Correspondent, London
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Aug 17, 2015

Investors dump gold ETPs in July but oil inflows rebound

LONDON (Reuters) – Investors withdrew a whopping $2.3 billion from gold exchange-traded products (ETPs) in July as the dollar strengthened, but energy ETP inflows surged by some $1.9 billion after oil futures sold off.

Investors have taken a contrarian approach to oil ETPs this year, shoveling in $8 billion in the first quarter on expectations of an oil price rebound, then withdrawing $2.67 billion in the second quarter.

Aug 10, 2015

Brent edges up off six-month low

LONDON (Reuters) – Crude oil futures touched multi-month lows on Monday after a weekend of mixed data from China showing higher oil imports in July but weaker trade figures overall.

Brent LCOc1 then edged up 24 cents to $48.85 a barrel at 0705 ET, after dipping to $48.24 earlier in the session, the lowest in over six months.

Aug 10, 2015

Brent oil hits six-month low after Chinese trade data

LONDON, Aug 10 (Reuters) – Crude oil futures touched
multi-month lows on Monday after a weekend of mixed data from
China showing higher oil imports in July but weaker trade
figures overall, hurting sentiment across the commodities
markets.

Brent was down 19 cents at $48.42 a barrel at 0854
GMT, after touching $48.24 earlier in the session, the lowest in
over six months.

Aug 6, 2015

Oil trades close to multi-month lows, Brent below $50

LONDON (Reuters) – Oil traded near multi-month lows on Thursday with Brent at under $50 a barrel as a supply glut persisted despite record U.S. refinery runs, and little sign of any reduction in production.

U.S. crude CLc1 was down 17 cents at $44.96 a barrel at 0855 GMT (4:55 a.m. EDT) after touching an intraday low of $44.82, the weakest since March 20.

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.

    • 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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