oil-and-gas
Top StoriesUS Crude Futures Climb Back Into Positive Territory
Top StoriesOil-Rich Regions in Kazakhstan Brace for Floods, Siberian Rivers Burst in Russia
Top StoriesOil Steadies on China Growth as Middle East Tensions Simmer
Top StoriesOil Slips as Risk Premium Eases After Iran Attack
Hungary to Consider Fuel Price Intervention, Says Economy Minister
Date: April 15, 2024
Hungary to consider fuel price intervention, says economy minister BUDAPEST (Reuters) – Hungary’s government will consider whether to enforce lower fuel prices after a review by the Central Statistics Office (KSH) of regional average price levels, Economy Minister Marton Nagy told business daily Vilaggazdasag. Nagy last week put pressure on fuel suppliers to cut petrol...
Oil Prices Edge up on Escalation in Middle East Tensions
Date: April 11, 2024
Oil prices edge up on escalation in Middle East tensions By Emily Chow SINGAPORE (Reuters) -Oil prices ticked up during trade on Thursday, after rising a dollar a barrel in the prior session, as investors braced for a worsening of the Middle East crisis, potentially involving Iran, the third-largest oil producer in OPEC. Brent crude...
Oil Prices Turn Higher as Middle East Ceasefire Hopes Wane
Date: April 9, 2024
Oil prices turn higher as Middle East ceasefire hopes wane By Colleen Howe and Andrew Hayley BEIJING (Reuters) -Oil prices rose on Tuesday after hopes diminished that negotiations between Israel and Hamas would lead to a ceasefire in Gaza amid concerns the lingering conflict could potentially disrupt supply from the key Middle East producing region....
Oil Heads for Second Weekly Gain on Tighter Supply Outlook
Date: April 5, 2024
Oil heads for second weekly gain on tighter supply outlook By Ahmad Ghaddar and Noah Browning LONDON (Reuters) -Oil prices extended gains on Friday and were on course for a second weekly gain, supported by geopolitical tensions in the Middle East, concerns over tightening supply and expectations about demand growth as economies improve. Brent crude...
Oil Steady, Bolstered by Lower Supply Concerns
Date: April 4, 2024
Oil steady, bolstered by lower supply concerns By Paul Carsten and Robert Harvey LONDON (Reuters) -Oil prices were steady on Thursday, shored up by concerns about lower supply as major producers keep output cuts in place and geopolitical tensions add further risk. Brent futures for June rose by 3 cents, or 0.03%, to $89.38 a...
Big Oil’s Climate Planning Not Good Enough, Investor Group Says
Date: March 27, 2024
Big Oil’s climate planning not good enough, investor group says By Simon Jessop LONDON (Reuters) -The current low-carbon transition plans of 10 of Europe’s and North America’s biggest listed oil and gas companies are not good enough to assess the risks involved, the world’s leading investor climate action group said on Wednesday. Climate Action 100+...