oil and gas

Image for Pummelled by gas crisis, Germany’s Uniper posts $12.5 billion net loss
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Pummelled by gas crisis, Germany’s Uniper posts $12.5 billion net loss

By Christoph Steitz, Tom Käckenhoff and Vera Eckert FRANKFURT/DUESSELDORF (Reuters) – Uniper, the hi...

17th August, 2022

Image for India eases Russian oil buying in July, boosts Saudi imports -trade
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India eases Russian oil buying in July, boosts Saudi imports -trade

By Nidhi Verma NEW DELHI (Reuters) – India’s crude oil imports from Russia in July fell for the firs...

17th August, 2022

Image for Russian Urals crude oil prices jump ahead of EU embargo
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Russian Urals crude oil prices jump ahead of EU embargo

By Julia Payne LONDON (Reuters) – Russia’s key crude oil grade, Urals, has been trading at levels no...

17th August, 2022

Image for Analysis-Oil prices turn more volatile as investors exit the market
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Analysis-Oil prices turn more volatile as investors exit the market

By Stephanie Kelly and Noah Browning NEW YORK/LONDON (Reuters) – Traders and fund managers have left...

17th August, 2022

Image for Oil falls to 6-mth low on economic data, awaits news of Iran nuclear deal
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Oil falls to 6-mth low on economic data, awaits news of Iran nuclear deal

By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell about 3% on Tuesday to their lowest since bef...

16th August, 2022

Image for Barclays sees crude surplus in near-term, cuts Brent price view
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Barclays sees crude surplus in near-term, cuts Brent price view

(Reuters) – Barclays lowered its Brent price forecasts on Tuesday by $8 per barrel for 2022 and 2023...

16th August, 2022

Image for Oil drops as China data weighs
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Oil drops as China data weighs

By Rowena Edwards LONDON (Reuters) -Oil prices fell by more than $4 a barrel on Monday on demand fea...

15th August, 2022

Image for Russia’s oil export duty to fall to $52/T in Sept -finance ministry
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Russia’s oil export duty to fall to $52/T in Sept -finance ministry

MOSCOW (Reuters) – Russia’s oil export duty is set to decline to $52 per tonne in September from $53...

15th August, 2022

Image for Exclusive – PDVSA pauses oil-for-debt shipments to Europe, wants product swaps
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Exclusive – PDVSA pauses oil-for-debt shipments to Europe, wants product swaps

By Marianna Parraga HOUSTON (Reuters) – Venezuela has suspended new crude shipments to Europe under...

12th August, 2022

Image for Oil falls 2% on expectations that U.S. Gulf supply disruption will ease
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Oil falls 2% on expectations that U.S. Gulf supply disruption will ease

By Stephanie Kelly NEW YORK (Reuters) -Oil prices plunged around 2% on Friday, on expectations that...

12th August, 2022

Image for Winter diesel shock looms as tanks dry up ahead of sanctions
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Winter diesel shock looms as tanks dry up ahead of sanctions

By Ahmad Ghaddar and Rowena Edwards LONDON (Reuters) – Europe is heading into winter with seasonally...

12th August, 2022

Image for Oil leak contained at three U.S. Gulf platforms on pipeline outage, Shell says
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Oil leak contained at three U.S. Gulf platforms on pipeline outage, Shell says

By Arathy Somasekhar and Laila Kearney HOUSTON (Reuters) -Top U.S. Gulf of Mexico oil producer Shell...

12th August, 2022