oil-and-gas
BusinessScotland’s Only Oil Refinery to Close Next Year, 400 Jobs to Go
Top StoriesOil Settles Near 3-year Low on Weak Demand Outlook
InvestingOil Rebounds as Geopolitics, Demand Concerns Whipsaw Investors
BusinessShell to Shut-In Portions of Louisiana Zydeco Oil Pipeline for Maintenance
Stocks Edge Lower, Oil Jumps on Supply Concerns Over Mideast, Libya
Date: August 26, 2024
By Chibuike Oguh and Dhara Ranasinghe NEW YORK/LONDON (Reuters) -World equity markets edged lower on Monday as markets digested the likelihood of U.S. interest rates being lowered soon, even as oil prices jumped amid increased tensions in the Middle East. The benchmark S&P 500 index and the Nasdaq gave up early gains and traded lower,...
Oil up Over 1% but Set to End Week Down on Demand Concerns
Date: August 23, 2024
By Ahmad Ghaddar LONDON (Reuters) -Oil prices rose 1% on Friday on a softer dollar but were still set to end the week lower as weaker U.S. employment data raised concerns over the health of the world’s largest oil consumer, and renewed ceasefire talks in Gaza eased worries about supply. Brent crude futures rose by...
Oil Set to End Week Lower on Demand Concerns, Easing Supply Woes
Date: August 23, 2024
By Shariq Khan (Reuters) – Oil prices were little changed on Friday, on track to end the week lower, as downward revisions to U.S. employment data raised concerns over demand and renewed ceasefire talks in Gaza eased worries about supply disruptions. Both Brent crude futures and U.S. West Texas Intermediate (WTI) crude futures were...
Oil Prices Fall on China Demand Fears, Focus on Mideast Talks
Date: August 19, 2024
By Yuka Obayashi TOKYO (Reuters) – Oil prices eased in trading on Monday as fears of weaker demand in top oil importer China weighed on market sentiment while investors focused on the progress of ceasefire talks in the Middle East, which could reduce supply risks. Brent crude futures dropped 45 cents, or 0.56%, to...
Oil Falls Over 1% as Investors Worry About China Demand Outlook
Date: August 16, 2024
By Shariq Khan NEW YORK (Reuters) -Oil prices fell about 2% on Friday and were set to end the week around the same levels as last, with Brent crude just below $80 a barrel, as investors tempered expectations of demand growth from top oil importer China. Brent crude futures fell by $1.06, or 1.3%, to...
Scada Oil and Gas Market Surges to Usd 7.02 Billion by 2031, Propelled by 5.6% Cagr – Verified Market Research®
Date: August 14, 2024
The Global SCADA Oil And Gas Market Size is projected to grow at a CAGR of 5.6% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 4.54 Billion in 2024 and is expected to reach USD 7.02 Billion by the...