energy-market
Top StoriesEquinor Q2 Profit Down 57% as Oil and Gas Prices Fall
Top StoriesOil Edges Higher on Lower U.S. Crude Stocks, Cautious Outlook
Top StoriesOil Steadies Amid Economic Concerns, Higher U.S. Crude Stocks
Top StoriesOil Dips $1 on Interest Rate Fears, but Opec+ Cuts Limit Fall
US Crude Oil Gains on Supply Cuts, Focus Shifts to Holiday Demand
Date: July 6, 2023
US crude oil gains on supply cuts, focus shifts to holiday demand By Shariq Khan BENGALURU (Reuters) – U.S. crude oil gained about 3% on Wednesday, narrowing the price gap with global benchmark Brent in a post-holiday response to supply cuts announced on Monday by Saudi Arabia and Russia. U.S. West Texas Intermediate crude (WTI)...
Nasdaq to Transfer European Power Business to Eex Bourse
Date: June 21, 2023
Nasdaq to transfer European power business to EEX bourse By Vera Eckert and Nora Buli FRANKFURT/OSLO (Reuters) -Nasdaq will transfer its European power trading and clearing business to the European Energy Exchange (EEX), the U.S. exchange operator and EEX announced on Tuesday. Nasdaq will transfer existing open positions in its Nordic, French and German power...
Oil Rises as Market Awaits Fed Interest Rate Decision
Date: June 14, 2023
Oil rises as market awaits Fed interest rate decision By Ahmad Ghaddar LONDON(Reuters) – Oil prices rose on Wednesday as investors awaited the outcome of the U.S. Federal Reserve’s June meeting after bullish oil demand growth forecasts from the International Energy Agency (IEA) and OPEC. Brent crude futures were up 76 cents, or 1%, at...
Oil up Over 2% After US Debt Deal and Jobs Data; Focus Turns to Opec+
Date: June 2, 2023
NEW YORK (Reuters) -Oil prices rose over 2% on Friday after the U.S. Congress passed a debt ceiling deal that averted a government default in the world’s biggest oil consumer and jobs data fueled hopes for a possible pause in Federal Reserve interest rate hikes. The focus is now turning to a meeting of OPEC...
Oil Jumps 3% on US Debt Ceiling Progress, Opec+ in Focus
Date: June 1, 2023
Oil jumps 3% on US debt ceiling progress, OPEC+ in focus By Shariq Khan BENGALURU (Reuters) – Oil prices rose more than $2 a barrel on Thursday on hopes for a pause in U.S. interest rate hikes and passage of the debt ceiling bill in the House of Representatives helped offset data showing rising inventories...
Oil Rises on Potential U.S. Rate Hike Pause, Debt Bill Passing
Date: June 1, 2023
BEIJING (Reuters) -Oil prices rose on Thursday, reversing earlier losses, as a potential pause in U.S. interest rate hikes and the debt ceiling bill passing a crucial vote renewed optimism about further fuel demand growth in the world’s biggest oil consumer. Brent crude futures for August rose 32 cents, or 0.44% to $72.92 a barrel...