energy market

Image for Britain’s energy price cap to rise 1% in January, forecasts Cornwall Insight
Top Stories

Britain’s energy price cap to rise 1% in January, forecasts Cornwall Insight

LONDON (Reuters) – Britain’s domestic energy price cap is expected to inch up by 1% in January, with...

18th November, 2024

Image for Oil nudges up after Russia-Ukraine tensions escalate
Investing

Oil nudges up after Russia-Ukraine tensions escalate

By Florence Tan SINGAPORE (Reuters) -Oil prices edged up on Monday after fighting between Russia and...

18th November, 2024

Image for Oil demand to fall to 80-100 million bpd by 2035, says BP’s US chief economist
Trading

Oil demand to fall to 80-100 million bpd by 2035, says BP’s US chief economist

(This Nov 13 story has been corrected to add ‘current trajectory scenario’ context in paragraph 1) H...

16th November, 2024

Image for Oil prices set for weekly loss on China demand fears
Trading

Oil prices set for weekly loss on China demand fears

By Robert Harvey and Enes Tunagur LONDON (Reuters) -Oil prices fell on Friday, and were heading for...

15th November, 2024

Image for Oil dips on bigger-than-expected US crude stockbuild, oversupply concerns
Investing

Oil dips on bigger-than-expected US crude stockbuild, oversupply concerns

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices edged lower on Thursday, as rising U.S. crude inv...

14th November, 2024

Image for COP29 host Azerbaijan hits out at West in defence of oil and gas industry
Top Stories

COP29 host Azerbaijan hits out at West in defence of oil and gas industry

By William James and Kate Abnett BAKU (Reuters) -The president of Azerbaijan, host of this year’s U....

12th November, 2024

Image for NOV 8-Oil settles down 2% on receding hurricane risk, lackluster China stimulus
Trading

NOV 8-Oil settles down 2% on receding hurricane risk, lackluster China stimulus

(This Nov. 8 story has been corrected to fix the WTI settlement at $70.38, not $70.35, in paragraph...

11th November, 2024

Image for Oil prices fall as Hurricane Rafael expected to start weakening
Trading

Oil prices fall as Hurricane Rafael expected to start weakening

SINGAPORE (Reuters) -Oil prices fell slightly on Friday as the risk that a hurricane in the Gulf of...

8th November, 2024

Image for Oil steadies as investors digest US election fallout
Investing

Oil steadies as investors digest US election fallout

By Colleen Howe, Gabrielle Ng and Alex Lawler SINGAPORE/LONDON (Reuters) -Oil held steady on Thursda...

7th November, 2024

Image for Oil rises nearly 2% after OPEC+ delays output hike, US election in focus
Finance

Oil rises nearly 2% after OPEC+ delays output hike, US election in focus

By Arathy Somasekhar (Reuters) – Oil prices climbed nearly 2% on Monday on OPEC+’s decision to delay...

4th November, 2024

Image for Oil prices jump over 1% on delayed OPEC+ output hike
Trading

Oil prices jump over 1% on delayed OPEC+ output hike

By Colleen Howe BEIJING (Reuters) -Oil prices rose by more than $1 in early trading on Monday after...

4th November, 2024

Image for Shell’s $6 billion profit smashes forecasts as LNG offsets weak refining
Business

Shell’s $6 billion profit smashes forecasts as LNG offsets weak refining

By Ron Bousso LONDON (Reuters) -Shell reported on Thursday third-quarter profits of $6 billion that...

31st October, 2024