oil and gas

Image for Oil rises on Saudi oil production expectations
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Oil rises on Saudi oil production expectations

By Rowena Edwards LONDON (Reuters) -Oil prices rose on Friday after a U.S. official told Reuters an...

15th July, 2022

Image for Oil prices tumble more than $4 ahead of potential large U.S. rate hike
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Oil prices tumble more than $4 ahead of potential large U.S. rate hike

By Julia Payne and Rowena Edwards LONDON (Reuters) -Oil prices fell more than $4 on Thursday as inve...

14th July, 2022

Image for IEA says oil market walking tightrope due to economic, supply risks
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IEA says oil market walking tightrope due to economic, supply risks

By Noah Browning LONDON (Reuters) – The global oil market is “walking a tightrope” between scarce su...

13th July, 2022

Image for Brent slumps to below $100/bbl on firm dollar, weak demand outlook
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Brent slumps to below $100/bbl on firm dollar, weak demand outlook

By Arathy Somasekhar HOUSTON (Reuters) -Global benchmark Brent crude tumbled to below $100 a barrel...

12th July, 2022

Image for Brent crude falls below $100/bbl on higher dollar, weak demand outlook
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Brent crude falls below $100/bbl on higher dollar, weak demand outlook

By Arathy Somasekhar HOUSTON (Reuters) -Global benchmark Brent crude tumbled $7 to below $100 a barr...

12th July, 2022

Image for Oil steadies as China COVID fears face tight supply concerns
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Oil steadies as China COVID fears face tight supply concerns

By Scott DiSavino NEW YORK (Reuters) -Oil prices were little changed on Monday as markets balanced a...

11th July, 2022

Image for Analysis-Oil majors face output slump, deep losses if Russia stops Kazakh pipeline
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Analysis-Oil majors face output slump, deep losses if Russia stops Kazakh pipeline

By Sabrina Valle and Ron Bousso LONDON (Reuters) -Western energy majors will cut output and lose bil...

11th July, 2022

Image for Hungary fuel price cap will lead to shortages, says MOL boss
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Hungary fuel price cap will lead to shortages, says MOL boss

BUDAPEST (Reuters) -Hungary’s cap on fuel prices should be lifted because it will lead to shortages...

11th July, 2022

Image for Europe on edge as Nord Stream Russian gas link enters shutdown
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Europe on edge as Nord Stream Russian gas link enters shutdown

By Nina Chestney and Vera Eckert LONDON/FRANKFURT (Reuters) – The biggest single pipeline carrying R...

11th July, 2022

Image for Exxon, Shell may pursue part of $1.8 billion Nigerian award–US appeals court
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Exxon, Shell may pursue part of $1.8 billion Nigerian award–US appeals court

By Jonathan Stempel NEW YORK (Reuters) – A U.S. appeals court on Friday said Exxon Mobil Corp and Ro...

8th July, 2022

Image for Oil heads for weekly loss as recession fears trump tight supply
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Oil heads for weekly loss as recession fears trump tight supply

By Alex Lawler LONDON (Reuters) -Oil rose in volatile trade on Friday but was still heading for a we...

8th July, 2022

Image for Putin: sanctions risk causing energy price catastrophe for West
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Putin: sanctions risk causing energy price catastrophe for West

MOSCOW (Reuters) – President Vladimir Putin said on Friday that continued sanctions against Russia c...

8th July, 2022