oil and gas

Image for Oil falls as OPEC+ output hike adds to oversupply concerns
Finance

Oil falls as OPEC+ output hike adds to oversupply concerns

By Florence Tan SINGAPORE (Reuters) -Oil prices slipped in early Asian trade on Monday after OPEC+ a...

3rd August, 2025

Image for OPEC+ makes another large oil output hike in market share push
Headlines

OPEC+ makes another large oil output hike in market share push

By Ahmad Ghaddar and Olesya Astakhova LONDON (Reuters) -OPEC+ agreed in principle to boost oil outpu...

3rd August, 2025

Image for Ukraine says it hit Russian oil facilities, military airfield
Finance

Ukraine says it hit Russian oil facilities, military airfield

KYIV (Reuters) -Ukraine's military said on Saturday that it had struck Russia's Ryazan oil refinery,...

2nd August, 2025

Image for Russia could face gasoline shortages despite export ban, sources say
Headlines

Russia could face gasoline shortages despite export ban, sources say

MOSCOW (Reuters) -Russia could face gasoline shortages in August despite an export ban, as low domes...

1st August, 2025

Image for US sanctions force vessels with Russian oil to divert from India, sources say
Headlines

US sanctions force vessels with Russian oil to divert from India, sources say

By Nidhi Verma and Gleb Stolyarov NEW DELHI/MOSCOW (Reuters) -At least two vessels loaded with Russi...

1st August, 2025

Image for Oil falls $2 a barrel on worries about OPEC+ supply, US jobs data
Finance

Oil falls $2 a barrel on worries about OPEC+ supply, US jobs data

(Reuters) -Oil prices were little changed on Friday after falling more than 1% in the previous sessi...

1st August, 2025

Image for Egypt agrees deal with Eni, BP for oil and gas exploration in the Mediterranean
Finance

Egypt agrees deal with Eni, BP for oil and gas exploration in the Mediterranean

CAIRO (Reuters) -Egypt signed an agreement with oil giants Eni and BP to start exploration activitie...

31st July, 2025

Image for Exxon, Chevron profits to drop to lowest point since pandemic, analysts say
Finance

Exxon, Chevron profits to drop to lowest point since pandemic, analysts say

By Sheila Dang HOUSTON (Reuters) -Top U.S. oil producers Exxon Mobil and Chevron are expected to rep...

31st July, 2025

Image for Clean crude oil arriving at BTC Ceyhan, BP says
Finance

Clean crude oil arriving at BTC Ceyhan, BP says

LONDON (Reuters) -Azeri BTC crude oil arriving at the BTC Ceyhan terminal in Turkey is returning to...

31st July, 2025

Image for EU considers pooling demand from companies to buy more US gas
Headlines

EU considers pooling demand from companies to buy more US gas

By Kate Abnett BRUSSELS (Reuters) -The European Commission could pool demand from European companies...

31st July, 2025

Image for Indian state refiners pause Russian oil purchases, sources say
Headlines

Indian state refiners pause Russian oil purchases, sources say

By Nidhi Verma NEW DELHI (Reuters) -Indian state refiners have stopped buying Russian oil in the pas...

31st July, 2025

Image for Shell profit drops by almost a third on lower prices, but beats expectations
Finance

Shell profit drops by almost a third on lower prices, but beats expectations

LONDON (Reuters) - Shell's adjusted earnings, its definition of net profit, reached $4.264 billion i...

31st July, 2025