oil-and-gas
FinanceOil Prices Remain Near Four-Month Highs as Markets Weigh Russia Sanctions Impact
HeadlinesHungary Plans Talks With Allies to Combat Higher Oil Prices After New US Sanctions on Russia
FinanceRussia Says It Will Continue Oil and Gas Projects Despite US Sanctions
FinanceZelenskiy: Sanctions on Russian Oil Significantly Affect Moscow's War Financing
Russia Clears Thousands of Tons of Contaminated Sand After Black Sea Oil Spill
Date: January 4, 2025
(Reuters) - Russian rescue workers have cleared more than 86,000 metric tons of contaminated sand and earth on either side of the Kerch Strait following an oil spill in the Black Sea last month, the...
Oil Spill in Black Sea Smaller Than First Thought, Russia Says
Date: January 2, 2025
MOSCOW (Reuters) - Russian investigators have determined that an oil spill from two tankers in the Black Sea last month was smaller than initially thought, the Transport Ministry said on Thursday. The...
Oil Rises on Expanding Chinese Factory Activity, but Set to End Year Lower
Date: December 31, 2024
SINGAPORE (Reuters) - Oil prices rose in early trade on Tuesday after data showed China's manufacturing activity expanded in December, but for a second consecutive year oil was on track to end lower...
Oil Rises 1%, Heads for Weekly Gain in Thin Year-End Trade
Date: December 27, 2024
By Shariq Khan NEW YORK (Reuters) -Oil rose about 1% on Friday and was set for a weekly gain in low trading volume ahead of year-end, backed by expectations of lower U.S. crude stockpiles and hopes of a stimulus-driven economic recovery in China. Brent crude futures rose 62 cents, or 0.9%, to $73.88 per barrel...
Oil Heads for Weekly Gain on China Stimulus Hopes
Date: December 27, 2024
By Alex Lawler LONDON (Reuters) -Oil rose slightly on Friday and was on track for a weekly gain, spurred by expectations of a stimulus-driven economic recovery in China, the world’s biggest oil importer, and by forecasts of lower U.S. inventories. Analysts polled by Reuters had expected U.S. crude stocks to have declined by about 1.9...
Russia’s First Ice-Class Lng Carrier Enters Sea Trials, Data Shows
Date: December 27, 2024
MOSCOW (Reuters) – The first Russian-built ice-class liquefied natural gas (LNG) carrier has entered sea trials, LSEG data showed on Friday, as part of Russia’s efforts to raise global LNG market share despite U.S. sanctions. The tanker, named Alexey Kosygin after a Soviet statesman, was built at the Zvezda shipyard and is due to join...