oil and gas

Image for Oil settles down 2% on weaker Chinese demand, uncertainty over Fed rate cut
Investing

Oil settles down 2% on weaker Chinese demand, uncertainty over Fed rate cut

By Georgina McCartney HOUSTON (Reuters) -Oil prices settled down more than 2% on Friday as investors...

16th November, 2024

Image for Oil demand to fall to 80-100 million bpd by 2035, says BP’s US chief economist
Trading

Oil demand to fall to 80-100 million bpd by 2035, says BP’s US chief economist

(This Nov 13 story has been corrected to add ‘current trajectory scenario’ context in paragraph 1) H...

16th November, 2024

Image for Russia’s Sovcomflot blames earnings drop on Western sanctions
Investing

Russia’s Sovcomflot blames earnings drop on Western sanctions

(Reuters) – Russia’s leading tanker group Sovcomflot said on Friday that Western sanctions on Russia...

16th November, 2024

Image for TotalEnergies’ Suriname project kicks off with $3 billion in contract awards
Business

TotalEnergies’ Suriname project kicks off with $3 billion in contract awards

By America Hernandez PARIS/MILAN (Reuters) -French oil major TotalEnergies has awarded engineering c...

16th November, 2024

Image for Oil prices set for weekly loss on China demand fears
Trading

Oil prices set for weekly loss on China demand fears

By Robert Harvey and Enes Tunagur LONDON (Reuters) -Oil prices fell on Friday, and were heading for...

15th November, 2024

Image for Oil dips on bigger-than-expected US crude stockbuild, oversupply concerns
Investing

Oil dips on bigger-than-expected US crude stockbuild, oversupply concerns

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices edged lower on Thursday, as rising U.S. crude inv...

14th November, 2024

Image for Inflation pushes Norway’s oil, gas sector to record investments
Finance

Inflation pushes Norway’s oil, gas sector to record investments

OSLO (Reuters) -Investment in Norwegian oil and gas projects will rise to a record this year and may...

14th November, 2024

Image for Oil prices broadly flat after falling on dollar surge
Investing

Oil prices broadly flat after falling on dollar surge

LONDON (Reuters) -Oil prices were largely steady on Thursday, with traders holding fire after declin...

14th November, 2024

Image for Oil slips towards 2-week low on gloomy demand outlook
Investing

Oil slips towards 2-week low on gloomy demand outlook

By Arunima Kumar (Reuters) -Oil prices slipped on Wednesday, trading near their lowest in two weeks,...

13th November, 2024

Image for Exclusive-Glencore-Chandra Singapore refinery to earmark 20% of output for Shell, sources say
Top Stories

Exclusive-Glencore-Chandra Singapore refinery to earmark 20% of output for Shell, sources say

By Trixie Yap, Florence Tan and Chen Aizhu SINGAPORE (Reuters) – Glencore and Chandra Asri, gearing...

13th November, 2024

Image for Oil prices hold near 2-week low on gloomy demand outlook
Trading

Oil prices hold near 2-week low on gloomy demand outlook

By Arunima Kumar (Reuters) – Oil prices held near their lowest in two weeks on Wednesday, a day afte...

13th November, 2024

Image for COP29 host Azerbaijan hits out at West in defence of oil and gas industry
Top Stories

COP29 host Azerbaijan hits out at West in defence of oil and gas industry

By William James and Kate Abnett BAKU (Reuters) -The president of Azerbaijan, host of this year’s U....

12th November, 2024