Headlines
World oil market to see huge glut in 2026, IEA says
By Alex Lawler LONDON (Reuters) -The world oil market faces an even bigger surplus next year of as m...
14th October, 2025
oil and gas
Finance
Shell approves $2 billion offshore gas project in Nigeria with Sunlink
(Reuters) -Shell has approved the development of an offshore gas project in Nigeria along with its j...
14th October, 2025
Finance
BP flags weaker oil trading while upstream output grows
LONDON (Reuters) -BP expects its upstream production to be above last quarter's, the company said in...
14th October, 2025
Headlines
Oil settles down 1.5% on US-China trade tensions, IEA warning of glut
By Anjana Anil (Reuters) -Oil prices rose on Tuesday as early signs of a thaw in U.S.-China trade te...
14th October, 2025
Headlines
Serbia will protect its interests regarding NIS oil company, president says
BELGRADE (Reuters) -Serbia will do everything it can to protect its interests in the face of U.S. sa...
13th October, 2025
Finance
OPEC points to smaller 2026 oil supply deficit as OPEC+ pumps more
By Alex Lawler LONDON (Reuters) -OPEC made no changes on Monday to its relatively high global oil de...
13th October, 2025
Finance
Gasoline shortages in Russia that have sent prices higher will soon be resolved, minister says
MOSCOW (Reuters) -Russian Finance Minister Anton Siluanov said on Monday that he was confident that...
13th October, 2025
Finance
Russian oil output continued to rise in September, OPEC data shows
MOSCOW (Reuters) -Russian oil production rose in September to 9.321 million barrels per day, up 148,...
13th October, 2025
Headlines
Eni plans to launch Petronas gas joint venture in 2026
LONDON (Reuters) -Italian oil major Eni is aiming to get its gas joint venture with Malaysia's Petro...
13th October, 2025
Headlines
Russia's seaborne fuel exports sank 17% in September after drone attacks
MOSCOW (Reuters) -Russia's seaborne oil product exports fell 17.1% in September from August to 7.58...
13th October, 2025
Finance
Oil settles higher as US, China try to de-escalate trade tensions
By Florence Tan SINGAPORE (Reuters) -Oil prices clawed back some gains on Monday after hitting five-...
13th October, 2025
Headlines
Russia suspends reduction to damper payment subsidy
MOSCOW (Reuters) -Russia on Sunday suspended until May a reduction in the fuel damper payment subsid...
12th October, 2025