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energy market

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Image for Goldman sees oil prices holding around $76/bbl in 2025 on ample supply
Trading

Goldman sees oil prices holding around $76/bbl in 2025 on ample supply

(Reuters) – Goldman Sachs expects oil prices to average $76 a barrel in 2025 based on a moderate cru...

24th October, 2024

Image for Heightened Egyptian demand in tight market buoys European fuel oil prices
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Heightened Egyptian demand in tight market buoys European fuel oil prices

By Robert Harvey and Ahmad Ghaddar LONDON (Reuters) – A spike in Egyptian imports of fuel oil used f...

17th October, 2024

Image for Big oil’s big payouts under strain as energy prices fall
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Big oil’s big payouts under strain as energy prices fall

By Ron Bousso LONDON (Reuters) – Major energy companies are set to borrow billions to maintain share...

1st October, 2024

Image for Oil prices set to end week higher after US rate cut
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Oil prices set to end week higher after US rate cut

By Arunima Kumar (Reuters) -Oil prices eased on Friday, but were on track to register gains for a se...

20th September, 2024

Image for Oil prices rise on supply shocks, prospect of US interest rate cuts
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Oil prices rise on supply shocks, prospect of US interest rate cuts

By Shariq Khan and Arunima Kumar NEW YORK (Reuters) -Oil prices rose by a dollar a barrel on Tuesday...

17th September, 2024

Image for Oil prices climb on hurricane impact ahead of US rate decision
Investing

Oil prices climb on hurricane impact ahead of US rate decision

By Nicole Jao NEW YORK (Reuters) -Oil prices rose on Monday as the ongoing impact of Hurricane Franc...

17th September, 2024

Image for Greece asks EU for urgent response to soaring power prices, letter shows
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Greece asks EU for urgent response to soaring power prices, letter shows

By Angeliki Koutantou and Kate Abnett ATHENS/BRUSSELS (Reuters) – Greece’s prime minister has asked...

13th September, 2024

Image for Oil prices climb 1% on fears over hurricane impact on US output
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Oil prices climb 1% on fears over hurricane impact on US output

By Arunima Kumar (Reuters) -Oil prices rose by more than 1% on Thursday to extend a rebound spurred...

12th September, 2024

Image for Scotland’s only oil refinery to close next year, 400 jobs to go
Business

Scotland’s only oil refinery to close next year, 400 jobs to go

By Ron Bousso and Robert Harvey LONDON (Reuters) -Grangemouth, Scotland’s only oil refinery, is to c...

12th September, 2024

Image for Oil rebounds as geopolitics, demand concerns whipsaw investors
Investing

Oil rebounds as geopolitics, demand concerns whipsaw investors

(Reuters) – Oil rebounded on Wednesday after a sharp drop in the previous session ended a three-day...

28th August, 2024

Image for Extreme weather and geopolitics to send UK energy bills up 10%
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Extreme weather and geopolitics to send UK energy bills up 10%

By Catarina Demony and Radhika Anilkumar (Reuters) – British energy regulator Ofgem on Friday raised...

23rd August, 2024

Image for Oil falls over 1% as investors worry about China demand outlook
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Oil falls over 1% as investors worry about China demand outlook

By Shariq Khan NEW YORK (Reuters) -Oil prices fell about 2% on Friday and were set to end the week a...

16th August, 2024