oil and gas

Image for Oil inches up on US demand strength; fading Mideast supply risks offset gains
Finance

Oil inches up on US demand strength; fading Mideast supply risks offset gains

By Yuka Obayashi TOKYO (Reuters) -Oil prices inched higher, extending gains from the previous day as...

26th June, 2025

Image for Oil rebounds on signs of strong US demand
Headlines

Oil rebounds on signs of strong US demand

By Stephanie Kelly (Reuters) -Oil prices edged higher on Wednesday, finding some respite after plumm...

25th June, 2025

Image for Trump says China can buy Iranian oil, but urges it to purchase US crude
Finance

Trump says China can buy Iranian oil, but urges it to purchase US crude

(Fixes typo in headline) By Timothy Gardner (Reuters) -President Donald Trump said on Tuesday that C...

24th June, 2025

Image for LNG freight rates hit 8-mth top on tight tanker availability, Mideast conflict
Finance

LNG freight rates hit 8-mth top on tight tanker availability, Mideast conflict

By Emily Chow and Marwa Rashad SINGAPORE/LONDON (Reuters) -Shipping costs for liquefied natural gas...

24th June, 2025

Image for Oil prices drop 6% as Israel-Iran ceasefire reduces Middle East supply risk
Headlines

Oil prices drop 6% as Israel-Iran ceasefire reduces Middle East supply risk

(Reuters) -U.S. crude futures fell on Tuesday to their lowest level in more than a week as U.S. Pres...

23rd June, 2025

Image for Escalating Hormuz tensions drive up Middle East war risk insurance costs, sources say
Finance

Escalating Hormuz tensions drive up Middle East war risk insurance costs, sources say

By Jonathan Saul and Michael Jones LONDON (Reuters) -U.S. and Israeli attacks on Iran and Tehran's r...

23rd June, 2025

Image for Trump exhorts US to drill oil, gas after Iran attacks
Finance

Trump exhorts US to drill oil, gas after Iran attacks

(Reuters) -U.S. President Donald Trump expressed a desire on Monday to see oil prices kept down amid...

23rd June, 2025

Image for BP and others pulling staff from Iraq oilfields, output steady
Headlines

BP and others pulling staff from Iraq oilfields, output steady

By Ahmed Rasheed BAGHDAD (Reuters) -BP, Eni and TotalEnergies have begun evacuating foreign personne...

23rd June, 2025

Image for Tankers U-turn, zig-zag, pause around Strait of Hormuz
Headlines

Tankers U-turn, zig-zag, pause around Strait of Hormuz

By Trixie Yap and Siyi Liu SINGAPORE (Reuters) -At least two supertankers made U-turns at the Strait...

23rd June, 2025

Image for Vaar Energi's Balder X oil and gas project comes on stream
Finance

Vaar Energi's Balder X oil and gas project comes on stream

OSLO (Reuters) -Norway's Vaar Energi said on Monday that its Balder X oil and project had come on st...

23rd June, 2025

Image for Eni reducing personnel at Iraq's Zubair field as precautionary move
Finance

Eni reducing personnel at Iraq's Zubair field as precautionary move

MILAN (Reuters) -Eni has reduced the presence of its personnel at the Zubair oil and gas field in Ir...

23rd June, 2025

Image for Any Iranian closure of Hormuz Strait would be 'extremely dangerous', EU's top diplomat says
Headlines

Any Iranian closure of Hormuz Strait would be 'extremely dangerous', EU's top diplomat says

BRUSSELS (Reuters) -An Iranian closure of the Strait of Hormuz would be dangerous and "not good for...

23rd June, 2025