oil-and-gas
TradingRussia Explores Plan to Merge Rosneft With Gazprom Subsidiary and Lukoil, Wsj Reports
TradingIndia Says Oil Prices Would Have Rocketed Without Its Russian Imports
InvestingOil Falls Over 2% on Receding US Hurricane Risk, Lackluster China Stimulus
TradingOil Prices Fall as Hurricane Rafael Expected to Start Weakening
Oil Steadies as Investors Digest US Election Fallout
Date: November 7, 2024
By Colleen Howe, Gabrielle Ng and Alex Lawler SINGAPORE/LONDON (Reuters) -Oil held steady on Thursday after a sell-off triggered by the U.S. presidential election, with a stronger dollar and lower crude imports in China balancing supply risks from a Trump presidency and output cuts caused by Hurricane Rafael. Trump’s election win initially triggered a sell-off...
Metals Sell Off After US Election Trump Win While Oil, Agriculture Recoup Some Losses
Date: November 7, 2024
By Nina Chestney, Julian Luk and Karl Plume LONDON/CHICAGO (Reuters) -Metals bore the brunt of global commodity price losses after a U.S. election win by Donald Trump on Wednesday, while oil, gas and agricultural commodity prices recouped some losses. Trump recaptured the White House by securing more than the 270 Electoral College votes needed to...
Commodity Prices Fall After Donald Trump Elected US President
Date: November 6, 2024
By Naveen Thukral, Emily Chow and Nina Chestney SINGAPORE/LONDON (Reuters) -Commodities from oil and gas to metals and grains dropped on Wednesday as the dollar rallied and victory for Republican Donald Trump in the U.S. presidential election stoked concerns about tariffs and economic growth. Trump recaptured the White House by securing more than the 270...
Poland’s Orlen Sees No Positive Cashflow From Olefins Project
Date: November 6, 2024
By Marek Strzelecki WARSAW (Reuters) – Polish oil and gas company Orlen said on Tuesday its Olefins petrochemicals project will not generate positive cashflow in future as it again wrote down the value of the flagship investment started by the group’s former management. According to its preliminary third quarter earnings published on Tuesday, Orlen wrote...
Poland’s Orlen Sees No Positive Cashflow From Olefins Project
Date: November 5, 2024
By Marek Strzelecki WARSAW (Reuters) – Polish oil and gas company Orlen said on Tuesday its Olefins petrochemicals project will not generate positive cashflow in future as it again wrote down the value of the flagship investment started by the group’s former management. According to its preliminary third quarter earnings published on Tuesday, Orlen wrote...
FTSE 100 Rises on Energy Boost; US Election in Focus
Date: November 4, 2024
By Pranav Kashyap and Nikhil Sharma (Reuters) -The UK’s benchmark FTSE 100 rose marginally on Monday, helped by energy shares, while cautious investors braced for the U.S. presidential election and a potential interest rate cut by the Bank of England (BoE) later this week. The blue-chip FTSE 100 was up 0.1% at 8,184.24 points by...