oil-and-gas
InvestingTurmoil at Colombia’s Ecopetrol Raises Profit Fears Ahead of US Investment Decision
TradingOil Falls on Demand Growth Concerns, Robust Dollar
InvestingU.S. Crude Exports to Europe Expected to Fall in Jan as Shipping Economics Weaken
BusinessUS Presses EU to Align Methane Regulations for Lng
Oil Falls on Demand Concerns After Fed Signals Slower Easing Ahead
Date: December 19, 2024
By Colleen Howe BEIJING (Reuters) – Oil prices fell in early trading on Thursday after the U.S. Federal Reserve signalled that it would slow the pace of interest rate cuts in 2025, potentially impacting fuel demand. Brent futures fell 33 cents, or 0.45%, to $73.06 a barrel by 0107 GMT. U.S. West Texas Intermediate crude...
Oil Edges up Ahead of US Fed Rate Decision, 2025 Outlook
Date: December 18, 2024
By Arunima Kumar (Reuters) -Oil edged up on Wednesday as a drop in U.S. crude inventories offered some support, although investors stayed cautious ahead of a potential interest rate cut by the U.S. Federal Reserve and its projections for 2025. Brent futures rose 53 cents, or 0.7%, to $73.72 a barrel at 1436 GMT, while...
Oil Steady While Market Eyes Fed Rate Decision
Date: December 18, 2024
By Colleen Howe and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices traded in a narrow range early on Wednesday as investors remained cautious ahead of an expected interest rate cut by the U.S. Federal Reserve, while weighing up the potential supply impact of tighter sanctions on Russia. Brent futures inched up 1 cent at $73.20 a...
Oil Dips on Demand Concerns as Investors Await Fed Meeting
Date: December 17, 2024
By Paul Carsten LONDON (Reuters) -Oil prices fell on Tuesday as Chinese economic data renewed demand concerns while investors remained cautious ahead of a U.S. Federal Reserve decision on interest rates. Brent crude futures eased 78 cents to $73.13 a barrel by 1415 GMT while U.S. West Texas Intermediate crude was down 83 cents at...
Oil, Healthcare Stocks Knock European Shares to Two-Week Lows
Date: December 17, 2024
By Sruthi Shankar (Reuters) -European shares fell to two-week lows on Tuesday, led by energy and healthcare stocks, as investors awaited a slew of major central bank decisions later in the week. The pan-European STOXX 600 index slipped 0.4% by 0924 GMT, trading at its lowest since Dec. 2. Oil and gas stocks dropped 1.2%...
Oil Sags on Soft Chinese Spending, Investor Pause Before US Fed Rate Move
Date: December 17, 2024
By Laila Kearney NEW YORK (Reuters) – Oil futures slipped from the highest levels in several weeks on Monday on weakness in consumer spending in China, the world’s largest oil importer, and as investors paused buying ahead of the U.S. Federal Reserve’s interest rate decision. Brent crude futures settled at $73.91 a barrel, down 58...