oil and gas

Image for Stocks sell off, oil surges as Israel strikes Iran
Headlines

Stocks sell off, oil surges as Israel strikes Iran

SINGAPORE (Reuters) -Israel has begun carrying out strikes on Iran, two U.S. officials said, adding...

13th June, 2025

Image for Italy's Eni monitoring Iraq's security situation
Headlines

Italy's Eni monitoring Iraq's security situation

MILAN (Reuters) -Italy's Eni is closely monitoring the security situation in Iraq, a spokesperson fo...

12th June, 2025

Image for Most G7 members ready to lower Russian oil price cap without US
Headlines

Most G7 members ready to lower Russian oil price cap without US

By Julia Payne and John Irish BRUSSELS/PARIS (Reuters) -Most countries in the Group of Seven nations...

12th June, 2025

Image for Oil settles lower as traders gauge Middle East tensions
Headlines

Oil settles lower as traders gauge Middle East tensions

By Arathy Somasekhar (Reuters) -Oil prices edged higher on Thursday to their highest in more than tw...

12th June, 2025

Image for Kremlin says EU-proposed lower Russian oil price cap is not helpful for global markets
Finance

Kremlin says EU-proposed lower Russian oil price cap is not helpful for global markets

MOSCOW (Reuters) -A lower price cap for Russian oil proposed by the European Commission to punish Mo...

11th June, 2025

Image for Oil prices jumps 4% to 2-month high as tensions rise in Middle East
Headlines

Oil prices jumps 4% to 2-month high as tensions rise in Middle East

By Katya Golubkova TOKYO (Reuters) -Oil prices fell in early trade on Wednesday as markets were asse...

11th June, 2025

Image for Russian budget deficit for January-May was 1.5% of GDP
Finance

Russian budget deficit for January-May was 1.5% of GDP

(Reuters) -Russia ran a budget deficit of 3.4 trillion roubles ($43.3 billion), or 1.5% of gross dom...

10th June, 2025

Image for UK's Wood Group wins $2.8 billion ADNOC contract
Finance

UK's Wood Group wins $2.8 billion ADNOC contract

(Reuters) -Wood Group has secured a $2.8 billion contract from Abu Dhabi oil giant ADNOC to deliver...

10th June, 2025

Image for Oil prices hold near 7-week high as market waits for news from US-China trade talks
Finance

Oil prices hold near 7-week high as market waits for news from US-China trade talks

By Anjana Anil (Reuters) -Oil prices edged up on Tuesday as market participants waited for the outco...

10th June, 2025

Image for Oil prices hit multi-week highs amid US-China trade talks
Finance

Oil prices hit multi-week highs amid US-China trade talks

By Colleen Howe BEIJING (Reuters) - Oil prices held on to last week's gains early on Monday as inves...

9th June, 2025

Image for Demand for US light sweet crude drops as OPEC+ ramps up output
Finance

Demand for US light sweet crude drops as OPEC+ ramps up output

By Stephanie Kelly and Robert Harvey NEW YORK (Reuters) -Rising OPEC+ supplies and new streams of oi...

6th June, 2025

Image for HSBC flags downside risks to Brent price outlook due to OPEC+ supply hikes
Finance

HSBC flags downside risks to Brent price outlook due to OPEC+ supply hikes

(Reuters) - HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely t...

6th June, 2025