oil and gas

Image for Oil prices up; strong demand outweighs surprisingly big OPEC+ output hike
Finance

Oil prices up; strong demand outweighs surprisingly big OPEC+ output hike

SINGAPORE (Reuters) -Oil prices slipped 1% at the start of trading on Monday after OPEC+ accelerated...

7th July, 2025

Image for Russia says low global oil stockpiles prompted OPEC+ to hike output
Headlines

Russia says low global oil stockpiles prompted OPEC+ to hike output

(Reuters) -Low global oil stockpiles were a major motivating factor in prompting OPEC+ members to ra...

5th July, 2025

Image for OPEC+ speeds up oil output hikes, adds 548,000 bpd in August
Headlines

OPEC+ speeds up oil output hikes, adds 548,000 bpd in August

By Alex Lawler, Maha El Dahan, Olesya Astakhova and Ahmad Ghaddar LONDON (Reuters) -OPEC+ agreed on...

5th July, 2025

Image for Britain's Lindsey oil refinery has enough crude to run for a few weeks, consultancy Woodmac says
Finance

Britain's Lindsey oil refinery has enough crude to run for a few weeks, consultancy Woodmac says

LONDON (Reuters) -Britain's insolvent Lindsey oil refinery faces shutdown within three weeks with th...

4th July, 2025

Image for OPEC+ may further accelerate oil output hikes on Saturday, sources say
Headlines

OPEC+ may further accelerate oil output hikes on Saturday, sources say

By Olesya Astakhova and Ahmad Ghaddar LONDON (Reuters) -Eight OPEC+ countries are likely to make ano...

4th July, 2025

Image for Exclusive-Saudi Aramco considers power assets sale to raise billions, sources say
Finance

Exclusive-Saudi Aramco considers power assets sale to raise billions, sources say

By Federico Maccioni and Yousef Saba DUBAI (Reuters) -Saudi oil giant Aramco is looking to sell up t...

4th July, 2025

Image for Oil falls slightly ahead of expected OPEC+ output increase
Finance

Oil falls slightly ahead of expected OPEC+ output increase

By Arathy Somasekhar (Reuters) -Oil prices were little changed on Friday as a solid job market bolst...

4th July, 2025

Image for Russia's oil and gas budget revenue falls by a third year-on-year in June
Finance

Russia's oil and gas budget revenue falls by a third year-on-year in June

MOSCOW (Reuters) -Russia's oil and gas revenue fell 33.7% year-on-year in June to 494.8 billion roub...

3rd July, 2025

Image for Oil prices ease on US tariff uncertainty ahead of expected OPEC+ output boost
Finance

Oil prices ease on US tariff uncertainty ahead of expected OPEC+ output boost

By Nicole Jao (Reuters) -Oil prices eased on Thursday, reversing gains from the previous session, on...

3rd July, 2025

Image for Orlen may owe $290 million as Gazprom scores partial gas price dispute win
Finance

Orlen may owe $290 million as Gazprom scores partial gas price dispute win

WARSAW (Reuters) -Polish oil and gas company Orlen could face a bill of almost $300 million after an...

2nd July, 2025

Image for Glencore in talks with UK government over insolvent Lindsey oil refinery supply, source says
Finance

Glencore in talks with UK government over insolvent Lindsey oil refinery supply, source says

LONDON (Reuters) -Commodities trader Glencore is in talks with the British government over the statu...

2nd July, 2025

Image for TotalEnergies UK gas assets to be bought by Prax remain unsold
Headlines

TotalEnergies UK gas assets to be bought by Prax remain unsold

By America Hernandez PARIS -The TotalEnergies West of Shetland offshore assets it agreed to sell to...

2nd July, 2025