oil-and-gas

Image for Stocks slump, oil prices surge after Israel attacks IranFinance

Stocks Slump, Oil Prices Surge After Israel Attacks Iran

Image for Oil settles up 7% as Israel, Iran trade air strikesFinance

Oil Settles up 7% as Israel, Iran Trade Air Strikes

Image for Stocks sell off, oil surges as Israel strikes IranHeadlines

Stocks Sell Off, Oil Surges as Israel Strikes Iran

Image for Italy's Eni monitoring Iraq's security situationHeadlines

Italy's Eni Monitoring Iraq's Security Situation

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

Most G7 Members Ready to Lower Russian Oil Price Cap Without US

Date: June 12, 2025

By Julia Payne and John Irish BRUSSELS/PARIS (Reuters) -Most countries in the Group of Seven nations are prepared to go it alone and lower the G7 price cap on Russian oil even if U.S. President Donald...

Image for Oil settles lower as traders gauge Middle East tensions

Oil Settles Lower as Traders Gauge Middle East Tensions

Date: June 12, 2025

By Arathy Somasekhar (Reuters) -Oil prices edged higher on Thursday to their highest in more than two months, after U.S. President Donald Trump said U.S. personnel were being moved out of the Middle...

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

Kremlin Says EU-proposed Lower Russian Oil Price Cap Is Not Helpful for Global Markets

Date: June 11, 2025

MOSCOW (Reuters) -A lower price cap for Russian oil proposed by the European Commission to punish Moscow for its war in Ukraine will not contribute to the stabilisation of global energy markets,...

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

Oil Prices Jumps 4% to 2-month High as Tensions Rise in Middle East

Date: June 11, 2025

By Katya Golubkova TOKYO (Reuters) -Oil prices fell in early trade on Wednesday as markets were assessing the outcome of U.S.-China trade talks, yet to be reviewed by President Donald Trump, with weak...

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

Russian Budget Deficit for January-May Was 1.5% of GDP

Date: June 10, 2025

(Reuters) -Russia ran a budget deficit of 3.4 trillion roubles ($43.3 billion), or 1.5% of gross domestic product, for the first five months of the year, the finance ministry said on Tuesday, citing...

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

UK's Wood Group Wins $2.8 Billion Adnoc Contract

Date: June 10, 2025

(Reuters) -Wood Group has secured a $2.8 billion contract from Abu Dhabi oil giant ADNOC to deliver engineering, procurement and construction management services at its Habshan facility in the United...