GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →

oil and gas

Latest articles

Image for Barclays sees crude surplus in near-term, cuts Brent price view
Top Stories

Barclays sees crude surplus in near-term, cuts Brent price view

(Reuters) – Barclays lowered its Brent price forecasts on Tuesday by $8 per barrel for 2022 and 2023...

16th August, 2022

Image for Oil drops as China data weighs
Top Stories

Oil drops as China data weighs

By Rowena Edwards LONDON (Reuters) -Oil prices fell by more than $4 a barrel on Monday on demand fea...

15th August, 2022

Image for Russia’s oil export duty to fall to $52/T in Sept -finance ministry
Top Stories

Russia’s oil export duty to fall to $52/T in Sept -finance ministry

MOSCOW (Reuters) – Russia’s oil export duty is set to decline to $52 per tonne in September from $53...

15th August, 2022

Image for Exclusive – PDVSA pauses oil-for-debt shipments to Europe, wants product swaps
Top Stories

Exclusive – PDVSA pauses oil-for-debt shipments to Europe, wants product swaps

By Marianna Parraga HOUSTON (Reuters) – Venezuela has suspended new crude shipments to Europe under...

12th August, 2022

Image for Oil falls 2% on expectations that U.S. Gulf supply disruption will ease
Top Stories

Oil falls 2% on expectations that U.S. Gulf supply disruption will ease

By Stephanie Kelly NEW YORK (Reuters) -Oil prices plunged around 2% on Friday, on expectations that...

12th August, 2022

Image for Winter diesel shock looms as tanks dry up ahead of sanctions
Top Stories

Winter diesel shock looms as tanks dry up ahead of sanctions

By Ahmad Ghaddar and Rowena Edwards LONDON (Reuters) – Europe is heading into winter with seasonally...

12th August, 2022

Image for Oil leak contained at three U.S. Gulf platforms on pipeline outage, Shell says
Top Stories

Oil leak contained at three U.S. Gulf platforms on pipeline outage, Shell says

By Arathy Somasekhar and Laila Kearney HOUSTON (Reuters) -Top U.S. Gulf of Mexico oil producer Shell...

12th August, 2022

Image for Oil prices slip on cloudy demand outlook, but poised for weekly gain
Top Stories

Oil prices slip on cloudy demand outlook, but poised for weekly gain

By Sonali Paul and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices dropped in Asia trade on Friday amid...

12th August, 2022

Image for Oil output halted at three U.S. Gulf platforms on pipeline outage, Shell says
Top Stories

Oil output halted at three U.S. Gulf platforms on pipeline outage, Shell says

By Arathy Somasekhar and Laila Kearney HOUSTON (Reuters) -Top U.S. Gulf of Mexico oil producer Shell...

11th August, 2022

Image for Oil settles up as IEA hikes 2022 demand growth forecast
Top Stories

Oil settles up as IEA hikes 2022 demand growth forecast

By Laura Sanicola (Reuters) – Oil prices settled up more than $2 on Thursday after the International...

11th August, 2022

Image for OPEC, in contrast to IEA, sees lower 2022 oil demand growth
Top Stories

OPEC, in contrast to IEA, sees lower 2022 oil demand growth

By Alex Lawler LONDON (Reuters) -OPEC on Thursday cut its 2022 forecast for growth in world oil dema...

11th August, 2022

Image for Oil rises as IEA hikes 2022 demand growth forecast
Top Stories

Oil rises as IEA hikes 2022 demand growth forecast

By Ahmad Ghaddar LONDON (Reuters) -Oil prices rose by over 1% on Thursday after the International En...

11th August, 2022