oil and gas

Image for Oil hovers at one-month low with supply drivers back in focus
Trading

Oil hovers at one-month low with supply drivers back in focus

By Trixie Yap (Reuters) -Oil prices held at one-month lows, after sliding in the previous two sessio...

30th October, 2024

Image for BP profit slumps to near four-year low as oil demand sags
Business

BP profit slumps to near four-year low as oil demand sags

By Ron Bousso LONDON (Reuters) – BP on Tuesday reported a 30% drop in third-quarter profit to $2.3 b...

29th October, 2024

Image for Oil prices little changed though US reserve bid lends support
Trading

Oil prices little changed though US reserve bid lends support

By Yuka Obayashi and Emily Chow TOKYO (Reuters) -Oil prices were little changed on Tuesday after fal...

29th October, 2024

Image for Oil set for 3% weekly gain, investors weigh Middle East risk
Investing

Oil set for 3% weekly gain, investors weigh Middle East risk

By Georgina McCartney HOUSTON (Reuters) -Oil prices were on track to gain around 3% on the week as F...

25th October, 2024

Image for Equinor eyes lower spending on renewables after Orsted transaction
Investing

Equinor eyes lower spending on renewables after Orsted transaction

By Nerijus Adomaitis and Nora Buli OSLO (Reuters) -Equinor said on Thursday it may invest less in re...

24th October, 2024

Image for Goldman sees oil prices holding around $76/bbl in 2025 on ample supply
Trading

Goldman sees oil prices holding around $76/bbl in 2025 on ample supply

(Reuters) – Goldman Sachs expects oil prices to average $76 a barrel in 2025 based on a moderate cru...

24th October, 2024

Image for Heightened Egyptian demand in tight market buoys European fuel oil prices
Top Stories

Heightened Egyptian demand in tight market buoys European fuel oil prices

By Robert Harvey and Ahmad Ghaddar LONDON (Reuters) – A spike in Egyptian imports of fuel oil used f...

17th October, 2024

Image for Norway’s Equinor remains committed to Tanzania LNG project
Top Stories

Norway’s Equinor remains committed to Tanzania LNG project

CAPE TOWN (Reuters) – Norway’s Equinor remains committed to a $42 billion liquefied natural gas (LNG...

9th October, 2024

Image for Stocks lose ground, oil extends gains amid Middle East tension
Investing

Stocks lose ground, oil extends gains amid Middle East tension

By Iain Withers and Chibuike Oguh NEW YORK/LONDON (Reuters) – Global stocks fell on Thursday, weighe...

3rd October, 2024

Image for Stocks stable, oil rises as wary investors eye Middle East hostilities
Investing

Stocks stable, oil rises as wary investors eye Middle East hostilities

By Sinéad Carew, Lawrence White NEW YORK/ LONDON (Reuters) -MSCI’s global equities index was up very...

2nd October, 2024

Image for Big oil’s big payouts under strain as energy prices fall
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Big oil’s big payouts under strain as energy prices fall

By Ron Bousso LONDON (Reuters) – Major energy companies are set to borrow billions to maintain share...

1st October, 2024

Image for Oil steady but on track for weekly drop on firmer supply outlook
Top Stories

Oil steady but on track for weekly drop on firmer supply outlook

By Paul Carsten LONDON (Reuters) -Oil prices held on Friday but remained on track for a weekly fall...

27th September, 2024