oil and gas

Image for Oil edges up to two-week high on lower US output forecast, renewed Red Sea attacks
Finance

Oil edges up to two-week high on lower US output forecast, renewed Red Sea attacks

By Stephanie Kelly and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices retreated on Tuesday after rising...

8th July, 2025

Image for Sonatrach, Eni sign $1.35 billion production sharing deal
Finance

Sonatrach, Eni sign $1.35 billion production sharing deal

DUBAI (Reuters) -Algerian state oil and gas company Sonatrach and Italy's Eni have signed a producti...

7th July, 2025

Image for FTSE 100 dips as Shell weighs, investors eye US tariffs
Finance

FTSE 100 dips as Shell weighs, investors eye US tariffs

(Reuters) -London's main stock indexes were mixed on Monday as investors focused on corporate update...

7th July, 2025

Image for Oil prices up; strong demand outweighs surprisingly big OPEC+ output hike
Finance

Oil prices up; strong demand outweighs surprisingly big OPEC+ output hike

SINGAPORE (Reuters) -Oil prices slipped 1% at the start of trading on Monday after OPEC+ accelerated...

7th July, 2025

Image for Russia says low global oil stockpiles prompted OPEC+ to hike output
Headlines

Russia says low global oil stockpiles prompted OPEC+ to hike output

(Reuters) -Low global oil stockpiles were a major motivating factor in prompting OPEC+ members to ra...

5th July, 2025

Image for OPEC+ speeds up oil output hikes, adds 548,000 bpd in August
Headlines

OPEC+ speeds up oil output hikes, adds 548,000 bpd in August

By Alex Lawler, Maha El Dahan, Olesya Astakhova and Ahmad Ghaddar LONDON (Reuters) -OPEC+ agreed on...

5th July, 2025

Image for Britain's Lindsey oil refinery has enough crude to run for a few weeks, consultancy Woodmac says
Finance

Britain's Lindsey oil refinery has enough crude to run for a few weeks, consultancy Woodmac says

LONDON (Reuters) -Britain's insolvent Lindsey oil refinery faces shutdown within three weeks with th...

4th July, 2025

Image for OPEC+ may further accelerate oil output hikes on Saturday, sources say
Headlines

OPEC+ may further accelerate oil output hikes on Saturday, sources say

By Olesya Astakhova and Ahmad Ghaddar LONDON (Reuters) -Eight OPEC+ countries are likely to make ano...

4th July, 2025

Image for Exclusive-Saudi Aramco considers power assets sale to raise billions, sources say
Finance

Exclusive-Saudi Aramco considers power assets sale to raise billions, sources say

By Federico Maccioni and Yousef Saba DUBAI (Reuters) -Saudi oil giant Aramco is looking to sell up t...

4th July, 2025

Image for Oil falls slightly ahead of expected OPEC+ output increase
Finance

Oil falls slightly ahead of expected OPEC+ output increase

By Arathy Somasekhar (Reuters) -Oil prices were little changed on Friday as a solid job market bolst...

4th July, 2025

Image for Russia's oil and gas budget revenue falls by a third year-on-year in June
Finance

Russia's oil and gas budget revenue falls by a third year-on-year in June

MOSCOW (Reuters) -Russia's oil and gas revenue fell 33.7% year-on-year in June to 494.8 billion roub...

3rd July, 2025

Image for Oil prices ease on US tariff uncertainty ahead of expected OPEC+ output boost
Finance

Oil prices ease on US tariff uncertainty ahead of expected OPEC+ output boost

By Nicole Jao (Reuters) -Oil prices eased on Thursday, reversing gains from the previous session, on...

3rd July, 2025