oil-and-gas
InvestingOil Prices Rise Ahead of Opec+ Meeting
TradingOil Prices Nudge Higher Ahead of Opec+ Meeting
BusinessExxon Talks Continue on Shallow-Water Block in Guyana Auction, Company Says
InvestingOil Steady, Traders Hopeful on China Demand but Worried About Fed
Oil Prices Set to End Week Over 3% Lower as Supply Risks Ease
Date: November 29, 2024
(Reuters) -Oil prices fell on Friday, heading for a weekly drop of more than 3%, as concerns over supply risks from the Israel-Hezbollah conflict eased, alleviating earlier disruption fears. Brent crude futures fell 55 cents, or 0.8%, to $72.73 a barrel by 0758 GMT. U.S. West Texas Intermediate crude futures were at $69.52, down 20...
Oil Slips on US Gasoline Stocks Buildup; Traders Eye Weekend Opec+ Meet
Date: November 28, 2024
By Siyi Liu SINGAPORE (Reuters) -Oil prices drifted lower on Thursday after a surprise jump in U.S. gasoline inventories, with investors focusing on this weekend’s OPEC+ meeting to discuss oil output policy. Brent crude futures fell by 20 cents, or 0.27%, to $72.63 per barrel by 0717 GMT, while U.S. West Texas Intermediate crude futures...
Oil Steadies Amid Possible Middle East Ceasefire
Date: November 26, 2024
By Georgina McCartney and Gabrielle Ng (Reuters) -Oil prices ticked up in early trade on Tuesday after falling in the previous session as investors took stock of a potential ceasefire between Israel and Hezbollah, weighing on oil’s risk premium. Brent crude futures rose 29 cents, or 0.4%, to $73.2 a barrel as at 0430 GMT,...
Exclusive-Trump Prepares Wide-Ranging Energy Plan to Boost Gas Exports, Oil Drilling, Sources Say
Date: November 25, 2024
By Jarrett Renshaw (Reuters) – Donald Trump’s transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U.S. coast and on federal lands, according to two sources familiar with...
Oil Falls $1 on Israel-Lebanon Ceasefire Report
Date: November 25, 2024
By Arunima Kumar and Enes Tunagur HOUSTON (Reuters) – Oil prices fell more $1 on Monday after Axios reported that Israel and Lebanon had agreed to the terms of a deal to end the Israel-Hezbollah conflict, citing an unnamed senior U.S. official. Brent crude futures were down $1.34, or 1.78%, at $73.83 a barrel by...
Exclusive-Trump Prepares Wide-Ranging Energy Plan to Boost Gas Exports, Oil Drilling, Sources Say
Date: November 25, 2024
By Jarrett Renshaw (Reuters) – Donald Trump’s transition team is putting together a wide-ranging energy package to roll out within days of his taking office that would approve export permits for new liquefied natural gas (LNG) projects and increase oil drilling off the U.S. coast and on federal lands, according to two sources familiar with...