oil and gas

Image for Oil slumps 5% on recession worries, strong U.S. dollar
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Oil slumps 5% on recession worries, strong U.S. dollar

By Scott DiSavino NEW YORK (Reuters) – Oil prices tumbled about 5% on Friday to four-week low, on wo...

17th June, 2022

Image for Explainer: Why Russia drives European and British gas prices
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Explainer: Why Russia drives European and British gas prices

By Susanna Twidale LONDON (Reuters) – Benchmark European and British gas prices are on course for ga...

17th June, 2022

Image for Oil rises on tight supply though interest rate hikes weigh
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Oil rises on tight supply though interest rate hikes weigh

By Bozorgmehr Sharafedin LONDON (Reuters) -Oil rose on Friday, supported by supply tightness and new...

17th June, 2022

Image for Norway oil sector union leader says wage deal is ‘good enough’
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Norway oil sector union leader says wage deal is ‘good enough’

By Nerijus Adomaitis OSLO (Reuters) – The leader of a union representing Norwegian oil workers said...

17th June, 2022

Image for High fuel prices to persist into 2023, Wood Mackenzie says
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High fuel prices to persist into 2023, Wood Mackenzie says

By Rowena Edwards and Ron Bousso LONDON (Reuters) – Consumers can expect fuel prices at the pump to...

16th June, 2022

Image for Novak says Russia can increase oil production in July
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Novak says Russia can increase oil production in July

(Reuters) – Russia plans to increase oil production next month as export flows are being redirected...

16th June, 2022

Image for Exclusive-OMV’s Schwechat oil refinery at 20% capacity after accident
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Exclusive-OMV’s Schwechat oil refinery at 20% capacity after accident

By Alexandra Schwarz-Goerlich (Reuters) – OMV’s 200,000 barrel per day Schwechat oil refinery is run...

15th June, 2022

Image for Russia says West, unlike China, ‘shoot themselves in the head’ over Ukraine
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Russia says West, unlike China, ‘shoot themselves in the head’ over Ukraine

By Guy Faulconbridge LONDON (Reuters) – Russia said on Wednesday that the West had “shot itself in t...

15th June, 2022

Image for Oil prices slip ahead of expected U.S. interest rate hike
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Oil prices slip ahead of expected U.S. interest rate hike

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices slipped on Wednesday on the back concerns over fu...

15th June, 2022

Image for Oil rises as tight supply outweighs recession, China demand fears
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Oil rises as tight supply outweighs recession, China demand fears

By Laura Sanicola (Reuters) -Oil prices rose on Tuesday as tight global supply outweighed worries th...

14th June, 2022

Image for Exclusive-Germany’s refinery dilemma tests Russian oil ban resolve
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Exclusive-Germany’s refinery dilemma tests Russian oil ban resolve

By Ron Bousso, Marek Strzelecki, Christoph Steitz and Markus Wacket BERLIN (Reuters) – Germany is st...

14th June, 2022

Image for Oil rises on tight supplies; trade choppy on demand worries
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Oil rises on tight supplies; trade choppy on demand worries

By Stephanie Kelly NEW YORK (Reuters) – Oil prices rose on Monday in a session of volatile trade, as...

13th June, 2022