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energy market

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Image for Oil rallies to $73 on tight U.S. supplies, Biden-Xi call
Investing

Oil rallies to $73 on tight U.S. supplies, Biden-Xi call

By Jessica Resnick-Ault NEW YORK (Reuters) -Oil rose to briefly top $73 a barrel on Friday, supporte...

10th September, 2021

Image for U.S. offshore oil production losses felt around the globe
Trading

U.S. offshore oil production losses felt around the globe

By Sabrina Valle and Marianna Parraga HOUSTON (Reuters) -Two weeks of losses in U.S. offshore energy...

10th September, 2021

Image for Hurricane Ida slams critical U.S. oil port as it makes landfall
Trading

Hurricane Ida slams critical U.S. oil port as it makes landfall

By Liz Hampton and Marianna Parraga (Reuters) -Hurricane Ida made landfall on Sunday as a Category 4...

2nd September, 2021

Image for ‘Extremely dangerous’ Hurricane Ida knocks out more oil than Katrina
Trading

‘Extremely dangerous’ Hurricane Ida knocks out more oil than Katrina

By Sabrina Valle and Erwin Seba HOUSTON (Reuters) – U.S. oil and gas companies on Friday cut m...

2nd September, 2021

Image for Oil dips; OPEC+ sticks to gradual output hikes
Investing

Oil dips; OPEC+ sticks to gradual output hikes

By Stephanie Kelly NEW YORK (Reuters) -Oil prices steadied on Wednesday after OPEC and its allies ag...

1st September, 2021

Image for OPEC+ seen sticking to policy despite higher oil demand
Investing

OPEC+ seen sticking to policy despite higher oil demand

By Ahmad Ghaddar, Rania El Gamal and Alex Lawler LONDON/DUBAI (Reuters) -OPEC and its allies will li...

1st September, 2021

Image for Oil steady ahead of OPEC+ supply decision
Trading

Oil steady ahead of OPEC+ supply decision

By Sonali Paul MELBOURNE (Reuters) – Oil prices were stable on Wednesday ahead of an OPEC+ mee...

1st September, 2021

Image for UK energy regulator launches 450 million stg grid innovation fund
Trading

UK energy regulator launches 450 million stg grid innovation fund

(Reuters) – British energy regulator Ofgem will offer 450 million pounds ($619 million) in fun...

31st August, 2021

Image for Oil extends rally, rises over 1% on U.S. fuel demand recovery
Trading

Oil extends rally, rises over 1% on U.S. fuel demand recovery

By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose more than 1% on Wednesday, extending gains fo...

30th August, 2021

Image for Oil falls in breather after two-day rally on supply issues
Trading

Oil falls in breather after two-day rally on supply issues

MELBOURNE (Reuters – Oil prices fell on Wednesday, taking a breather after a strong rally this...

25th August, 2021

Image for OPEC+ supply boost unlikely despite call from U.S. for more oil, says Goldman
Trading

OPEC+ supply boost unlikely despite call from U.S. for more oil, says Goldman

(Reuters) – U.S. investment bank Goldman Sachs said a recent call by the United States to OPEC...

23rd August, 2021

Image for EDF Energy to raise retail energy prices in UK by 12%
Business

EDF Energy to raise retail energy prices in UK by 12%

By Nora Buli (Reuters) – UK energy supplier EDF Energy, a subsidiary of France’s EDF, on...

18th August, 2021