oil-and-gas
Top StoriesOil Stocks Send FTSE 100 to 7-week Closing High, Anglo American Sinks
Top StoriesHow Electric Vehicles Are Accelerating the End of the Oil Age
Top StoriesExplainer-What New Opec+ Oil Output Cuts Are in Place After Thursday Deal
Top StoriesOil Down as Uncertainty Over Opec+ Supply Cuts, Demand Growth Weigh
Explainer-Why Calls for Oil Embargo on Israel Are Unlikely to Go Anywhere
Date: November 21, 2023
Explainer-Why calls for oil embargo on Israel are unlikely to go anywhere By Ahmad Ghaddar LONDON (Reuters) -Israel’s military offensive in Gaza following an Oct. 7 attack by the enclave’s ruling Islamist group Hamas has raised calls in the Middle East, particularly from OPEC member Iran, for using oil as a weapon to punish Israel....
Brent, US Crude Futures Climb Over 2% as OPEC Cuts Expected
Date: November 20, 2023
Brent, US crude futures climb over 2% as OPEC cuts expected By Erwin Seba HOUSTON (Reuters) -Brent and U.S. crude futures climbed more than 2.5%, gaining $2 a barrel on Monday, as further supply cuts in OPEC+ production are expected in the coming weeks. Brent crude futures were up $2.19 to $82.80 a barrel by...
Factbox-What Is Opec+ and How Does It Impact Oil Prices?
Date: November 20, 2023
Factbox-What is OPEC+ and how does it impact oil prices? (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, are known as OPEC+ and will meet in Vienna, Austria, on Nov. 26 to discuss their joint output policy. Below are key facts about OPEC+ and its role. What are...
Oil Prices Hit 4-month Low on Concerns About U.s., Chinese Economy
Date: November 16, 2023
Oil prices hit 4-month low on concerns about U.S., Chinese economy By Stephanie Kelly NEW YORK (Reuters) -Oil prices dropped more than 5% on Thursday to their lowest in four months, as investors worried about global oil demand following weak data from the U.S. and Asia. Brent futures fell $4.38, or 5.4%, to $76.80 a...
EU Agrees Law to Hit Fossil Fuel Imports With Methane Emissions Limit
Date: November 15, 2023
EU agrees law to hit fossil fuel imports with methane emissions limit (Reuters) – The European Union reached a deal on Wednesday on a law to place methane emissions limits on Europe’s oil and gas imports from 2030, pressuring international suppliers to clamp down on leaks of the potent greenhouse gas. Methane is the second-biggest...
Oil up Ahead of Fed Meet as Middle East Conflict Rages
Date: November 1, 2023
Oil up ahead of Fed meet as Middle East conflict rages By Natalie Grover LONDON (Reuters) – Oil prices rose more than 1% on Wednesday ahead of the keenly watched meeting of the U.S. central bank for clues on interest rate policy, while the conflict in the Middle East remains in focus. Brent January crude...