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oil and gas

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Image for Oil falls in breather after two-day rally on supply issues
Trading

Oil falls in breather after two-day rally on supply issues

MELBOURNE (Reuters – Oil prices fell on Wednesday, taking a breather after a strong rally this...

25th August, 2021

Image for Oil jumps 3% on weaker dollar after seven days of losses
Top Stories

Oil jumps 3% on weaker dollar after seven days of losses

By Dmitry Zhdannikov LONDON (Reuters) -Oil prices jumped 3% on Monday, recovering from a seven-day l...

23rd August, 2021

Image for Spread of COVID-19 Delta variant knocks oil demand outlook – IEA
Trading

Spread of COVID-19 Delta variant knocks oil demand outlook – IEA

By Noah Browning LONDON (Reuters) – Rising demand for oil abruptly reversed course in July and...

23rd August, 2021

Image for OPEC+ supply boost unlikely despite call from U.S. for more oil, says Goldman
Trading

OPEC+ supply boost unlikely despite call from U.S. for more oil, says Goldman

(Reuters) – U.S. investment bank Goldman Sachs said a recent call by the United States to OPEC...

23rd August, 2021

Image for Oil prices rebound from 7-day losing streak as investors snap up bargains
Trading

Oil prices rebound from 7-day losing streak as investors snap up bargains

By Yuka Obayashi TOKYO (Reuters) – Oil prices reversed out of a seven-day losing stretch on Mo...

23rd August, 2021

Image for Wall Street bounces, oil slides as markets mull murky economic picture
Investing

Wall Street bounces, oil slides as markets mull murky economic picture

By Pete Schroeder WASHINGTON (Reuters) -Stocks recovered ground on Friday amid concerns about global...

20th August, 2021

Image for Oil steadies but set to slump for the week on Delta anxiety
Trading

Oil steadies but set to slump for the week on Delta anxiety

By Sonali Paul MELBOURNE (Reuters) – Oil prices came off three-month lows on Friday but were o...

20th August, 2021

Image for Australia’s Woodside shares drop on BHP petroleum merger
Business

Australia’s Woodside shares drop on BHP petroleum merger

By Sonali Paul (Reuters) -Australia’s Woodside Petroleum Ltd shares fell more than 4% on Wedne...

18th August, 2021

Image for Oil edges lower as spread of Delta variant clouds prospects for demand
Trading

Oil edges lower as spread of Delta variant clouds prospects for demand

By Aaron Sheldrick TOKYO (Reuters) – Oil prices dipped on Wednesday, a fifth day of declines w...

18th August, 2021

Image for Oil eases as weak Asian data, more lockdowns dampen demand hopes
Investing

Oil eases as weak Asian data, more lockdowns dampen demand hopes

By Devika Krishna Kumar NEW YORK (Reuters) -Oil prices weakened for a fourth session on Tuesday, on...

17th August, 2021

Image for U.S. Gulf of Mexico oil producers consolidation accelerates
Business

U.S. Gulf of Mexico oil producers consolidation accelerates

By Gary McWilliams HOUSTON (Reuters) – Oil and gas producers in U.S. Gulf of Mexico have conso...

17th August, 2021

Image for Drumbeat grows louder for BHP to exit petroleum
Top Stories

Drumbeat grows louder for BHP to exit petroleum

By Sonali Paul and Melanie Burton MELBOURNE (Reuters) -Expectations are growing that BHP Group Ltd w...

16th August, 2021