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oil and gas

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Image for Oil prices on track for weekly gain amid high U.S. demand
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Oil prices on track for weekly gain amid high U.S. demand

By Bozorgmehr Sharafedin LONDON (Reuters) -Oil rose on Friday and was on track for another weekly ga...

10th June, 2022

Image for Potential Norway oil and gas strike could hit output, employers say
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Potential Norway oil and gas strike could hit output, employers say

By Nerijus Adomaitis OSLO (Reuters) -Norway’s petroleum output could be reduced by unspecified amoun...

10th June, 2022

Image for Oil slips on China lockdowns, but bullish trends intact
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Oil slips on China lockdowns, but bullish trends intact

By David Gaffen NEW YORK (Reuters) – Oil prices dipped on Thursday but still hovered near three-mont...

9th June, 2022

Image for Shell’s Prelude LNG facility to be hit with industrial action from Friday
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Shell’s Prelude LNG facility to be hit with industrial action from Friday

By Sonali Paul MELBOURNE (Reuters) – Workers on Shell Plc’s Prelude floating liquefied natural gas (...

9th June, 2022

Image for Oil jumps to 13-week high on rising U.S. gasoline demand
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Oil jumps to 13-week high on rising U.S. gasoline demand

By Scott DiSavino NEW YORK (Reuters) -Oil prices jumped over 2% to a 13-week high on Wednesday as U....

8th June, 2022

Image for Oil prices advance despite U.S. inventory rise
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Oil prices advance despite U.S. inventory rise

By Ahmad Ghaddar LONDON (Reuters) -Oil prices rose on Wednesday, despite a likely rise in U.S. oil s...

8th June, 2022

Image for Exclusive-Spain’s Repsol in talks to sell 25% of oil and gas unit to EIG, sources say
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Exclusive-Spain’s Repsol in talks to sell 25% of oil and gas unit to EIG, sources say

By Andres Gonzalez, Gram Slattery and Isla Binnie LONDON (Reuters) – EIG Global Energy Partners is i...

7th June, 2022

Image for Israel-Lebanon sea boundary row obstructs energy development
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Israel-Lebanon sea boundary row obstructs energy development

BEIRUT/JERUSALEM (Reuters) – A dispute between Israel and Lebanon over their maritime boundary has o...

6th June, 2022

Image for Oil tops $120 a barrel on Saudi pricing despite OPEC+ deal
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Oil tops $120 a barrel on Saudi pricing despite OPEC+ deal

By Shadia Nasralla LONDON (Reuters) -Oil prices topped $120 a barrel in choppy trade on Monday buoye...

6th June, 2022

Image for U.S. to let Eni, Repsol ship Venezuela oil to Europe for debt -sources
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U.S. to let Eni, Repsol ship Venezuela oil to Europe for debt -sources

By Marianna Parraga and Matt Spetalnick HOUSTON/WASHINGTON (Reuters) -Italian oil company Eni SpA an...

6th June, 2022

Image for Oil prices hit $120 as Saudi July price rise eclipses OPEC+ deal
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Oil prices hit $120 as Saudi July price rise eclipses OPEC+ deal

By Shadia Nasralla LONDON (Reuters) – Oil prices hit $120 a barrel on Monday after Saudi Arabia rais...

6th June, 2022

Image for Barclays raises Brent forecasts on Russia oil sanctions
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Barclays raises Brent forecasts on Russia oil sanctions

(Reuters) – Barclays on Monday raised its Brent crude price forecasts by $11 per barrel for 2022 and...

6th June, 2022