oil-and-gas
Top StoriesItaly Can Cope Without Russian Gas, Explores alternatives-Draghi
InvestingRouble Rebounds, Oil Jumps Back Above $100
Top StoriesGlobal Oil Tanker Rates Jolt Higher on High Fuel Prices, Risk Premiums
Top StoriesPrices Tumble on Hopes for Westward Yamal-Europe Pipeline Flows
Oil Tops $105/bbl After Russia Attacks Ukraine
Date: February 24, 2022
By Stephanie Kelly NEW YORK (Reuters) – Oil prices jumped on Thursday, with Brent rising above $105 a barrel for the first time since 2014, after Russia’s attack on Ukraine exacerbated concerns about disruptions to global energy supply. Russia launched an all-out invasion of Ukraine by land, air and sea in the biggest attack by...
Major Buyers of Russian Oil Struggle With Bank Guarantees -Sources
Date: February 24, 2022
By Dmitry Zhdannikov and Julia Payne LONDON (Reuters) – The global oil market was thrown into chaos on Thursday after Russia invaded Ukraine, with top buyers of Russian oil struggling to secure guarantees at Western banks or find ships to take crude from one of the world’s largest producers. At least three major buyers of...
Oil Tops $100, Gas, Grains, Metals Spike as Russia Invades Ukraine
Date: February 24, 2022
By Nina Chestney, Nigel Hunt and Pratima Desai LONDON (Reuters) -Commodity prices jumped to multi-year highs on Thursday after Russia invaded Ukraine, raising the prospect of tighter supplies due to the possibility of sanctions on Russian exports, transport disruptions and Moscow withholding supplies. Russia launched an all-out invasion of Ukraine by land, air and sea...
TotalEnergies Makes Large Oil Discovery Off Namibia
Date: February 24, 2022
CAPE TOWN (Reuters) -Operator TotalEnergies has made a significant discovery of light oil and associated gas off the coast of Namibia, the company said on Thursday. Two sources earlier told Reuters about the large discovery in the Venus-X1 well, the second recent offshore discovery for the southern African country that has ambitions to become the...
Germany Can Ensure Energy Supply Without Russian Gas – Econ Minister
Date: February 24, 2022
BERLIN (Reuters) – Germany can guarantee security of supply even without Russian gas or oil, Economy Minister Robert Habeck said on Thursday. “We will have to buy more gas, but also coal from other countries,” Habeck told broadcaster ZDF, adding that Germany, which gets half its gas from Russia, was too dependent on Russian oil...
Oil Soars, Stocks Fall as Russia, Ukraine Fears Intensify
Date: February 23, 2022
By Sinéad Carew NEW YORK (Reuters) -Crude oil futures on Tuesday reached their highest levels since 2014 on supply concerns and stocks sold off in a volatile session as investors eyed international responses after Russia sent troops into parts of Ukraine. Markets were jittery a day after Russia’s move but the safe-haven U.S. dollar was...