oil-and-gas
TradingOil Prices Ease as Markets Weigh China Stimulus Hopes
FinanceGazprom’s Gas Output to Rise to Around 416 Bcm in 2024
InvestingOil Prices Set for Weekly Gain on China Stimulus Optimism
InvestingOil Prices Ease as Markets Weigh China Stimulus Hopes
Russian Region Declares Emergency Situation as Black Sea Oil Spill Fallout Widens
Date: December 26, 2024
MOSCOW (Reuters) – Authorities in Russia’s southern Krasnodar region on Wednesday declared a region-wide emergency, saying that oil was still washing up on the coastline 10 days after two ageing tankers ran into trouble. The oil is from the tankers which were hit by a storm on Dec. 15. One of the vessels split in...
Oil Prices Edge Higher on Hopes for More China Stimulus
Date: December 26, 2024
By Yuka Obayashi and Emily Chow TOKYO (Reuters) -Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world’s biggest oil importer, while an anticipated decline in U.S. crude inventories also provided support. Brent crude futures rose 22 cents, or 0.3%, to $73.80 a barrel...
Oil Prices Rise in Thin Pre-Holiday Trade
Date: December 24, 2024
By Laila Kearney and Paul Carsten NEW YORK/LONDON (Reuters) -Oil prices were up on Tuesday, reversing the prior session’s losses on a brightening short-term market outlook tied to the prospect of slightly tightening supplies as trade thinned ahead of the Christmas and Hanukkah holidays. Brent crude futures were up 88 cents, or 1.2%, at $73.51...
Oil Prices Rise in Thin pre-Christmas Trade
Date: December 24, 2024
By Paul Carsten LONDON (Reuters) -Oil prices rose on Tuesday, reversing the prior session’s losses, buoyed by a slightly positive market outlook for the short term, despite thin trade ahead of the Christmas holiday. Brent crude futures were up 47 cents, or 0.7%, at $73.10 a barrel, and U.S. West Texas Intermediate crude futures rose...
Oil Prices Ease on Surplus Concerns, Dollar Strength
Date: December 24, 2024
By Nicole Jao NEW YORK (Reuters) -Oil prices edged lower on Monday in thin trade ahead of the Christmas holiday on concerns about a supply surplus next year and a strengthened dollar. Brent crude futures settled down 31 cents, or 0.43%, at $72.63 a barrel. U.S. West Texas Intermediate crude futures fell 22 cents, or...
Oil Prices Stable on Monday as Data Offsets Surplus Concerns
Date: December 23, 2024
By Robert Harvey LONDON (Reuters) -Oil prices stabilised on Monday after losses last week as lower-than-expected U.S. inflation data offset investors’ concerns about a supply surplus next year. Brent crude futures were down by 38 cents, or 0.52%, to $72.56 a barrel by 1300 GMT. U.S. West Texas Intermediate crude futures were down 34 cents,...