oil-and-gas

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

Oil Prices Hold Near 7-week High as Market Waits for News From US-China Trade Talks

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

Oil Prices Hit Multi-Week Highs Amid US-China Trade Talks

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

Demand for US Light Sweet Crude Drops as Opec+ Ramps up Output

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

HSBC Flags Downside Risks to Brent Price Outlook Due to Opec+ Supply Hikes

Image for Spain's imports of Venezuelan oil dry up ahead of US sanctions deadline

Spain's Imports of Venezuelan Oil Dry up Ahead of US Sanctions Deadline

Date: June 6, 2025

MADRID (Reuters) -Spain didn't import crude oil from Venezuela in April, ahead of a key sanctions deadline set by U.S. President Donald Trump's administration. Spain's largest oil company Repsol is...

Image for Crude climbs on US jobs report, China talks

Crude Climbs on US Jobs Report, China Talks

Date: June 6, 2025

SINGAPORE (Reuters) - Oil prices slipped on Friday but were on track for their first weekly gain in three weeks after U.S. President Donald Trump and China's Xi Jinping resumed trade talks, raising...

Image for Britain's Centrica agrees $27 billion deal to import gas from Norway

Britain's Centrica Agrees $27 Billion Deal to Import Gas From Norway

Date: June 5, 2025

By Susanna Twidale LONDON (Reuters) - British Energy owner Centrica has signed a 10-year deal worth more than 20 billion pounds ($27.07 billion) to receive gas from Norwegian producer Equinor, the...

Image for Trafigura warns of volatility in 2025 as first-half profit inches up

Trafigura Warns of Volatility in 2025 as First-Half Profit Inches Up

Date: June 5, 2025

By Robert Harvey LONDON (Reuters) - Global commodity trading house Trafigura reported on Thursday that its net profit rose slightly on the year to about $1.52 billion in the first half of its 2025...

Image for Iraq holds Kurdish government legally responsible for continued oil smuggling

Iraq Holds Kurdish Government Legally Responsible for Continued Oil Smuggling

Date: June 5, 2025

BAGHDAD (Reuters) - Iraq's oil ministry said on Thursday it holds the Kurdish regional government (KRG) legally responsible for the continued smuggling of oil from the Kurdish region outside the...

Image for Oil settles up as US, China teams to meet following Trump, Xi trade call

Oil Settles up as Us, China Teams to Meet Following Trump, Xi Trade Call

Date: June 5, 2025

By Katya Golubkova TOKYO (Reuters) - Oil prices slipped in early trade on Thursday after a build in U.S. gasoline and diesel inventories and Saudi Arabia's cut to its July prices for Asian crude...