oil-and-gas
Top StoriesBp Shares Slump as Q3 Profit Misses Forecast on Weak Gas
Top StoriesAnalysis-Russia’s Weaker Hand Undermines Case for Power of Siberia 2 Gas Link to China
Top StoriesEmergency EU Oil Meeting Focused on Securing Diesel Supply -EU Official
Top StoriesOil Falls More Than 1% on Bleaker Economic Outlook
Oil Prices Dip Amid Flurry of Weak European Economic Data
Date: October 24, 2023
Oil prices dip amid flurry of weak European economic data By Shadia Nasralla LONDON (Reuters) – Oil prices dipped on Tuesday following the previous session’s slump, while a flurry of economic data from Germany, the wider euro zone and Britain sketched a bearish picture that could weigh on oil demand. Moving between positive and negative...
Oil Set for Second Weekly Gain on Gaza Escalation Fears
Date: October 20, 2023
Oil set for second weekly gain on Gaza escalation fears By Paul Carsten LONDON (Reuters) – Oil prices climbed on Friday and were on track to rise for a second week on heightened fears that the Israel-Palestinians crisis may spread in the Middle East and disrupt supply from one of the world’s top-producing regions. Brent...
Oil Mixed as Venezuela Sanctions Ease, Middle East in Focus
Date: October 19, 2023
Oil mixed as Venezuela sanctions ease, Middle East in focus By Laura Sanicola (Reuters) -Oil prices were little changed on Thursday as the United States eased sanctions on Venezuela to allow more oil to flow globally, but traders remained nervous that Israel’s military campaign in Gaza could escalate to a regional conflict. Brent futures for...
Oil up About 2% on Big US Crude Storage Draw, Middle East Tension
Date: October 18, 2023
Oil up about 2% on big US crude storage draw, Middle East tension By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 2% to a two-week high on Wednesday on a bigger-than-expected U.S. storage draw and as rising tensions in the Middle East threaten to disrupt oil supplies from the region, with Iran calling...
Oil Prices Edge Higher Ahead of Biden Middle East Trip
Date: October 17, 2023
Oil prices edge higher ahead of Biden Middle East trip By Nicole Jao NEW YORK (Reuters) – Oil prices edged higher on Tuesday ahead of a trip by U.S. President Joe Biden to the Middle East that is likely to involve balancing support for Israel with trying to prevent any regional escalation of its war...
Rcp Finance Announces $15 Million Credit Facility for the Hawks Pvt Ltd a Leading Maldives-Based Premium Fuel Distributor
Date: October 17, 2023
RCP finance announces $15 million credit facility for the Hawks pvt ltd a leading Maldives-based premium fuel distributor The Hawks caters to some 452 local businesses and has used a portion of the facility to acquire an oil and chemical tanker to enhance its capabilities and market position Deal illustrates RCP Finance’s expansion into new...