oil and gas

Image for HSBC, Goldman Sachs see Brent oil hitting $80-110 if Strait of Hormuz blocked
Finance

HSBC, Goldman Sachs see Brent oil hitting $80-110 if Strait of Hormuz blocked

(Reuters) -Goldman Sachs flagged risks to global energy supply amid concerns over a potential disrup...

23rd June, 2025

Image for Oil settles down 7% after Iran attacks US military base in Qatar, not tankers 
Finance

Oil settles down 7% after Iran attacks US military base in Qatar, not tankers 

By Siyi Liu SINGAPORE (Reuters) -Oil prices jumped on Monday to their highest since January as the U...

23rd June, 2025

Image for Oil to open higher as US strikes on Iran boost supply risk premium
Headlines

Oil to open higher as US strikes on Iran boost supply risk premium

By Seher Dareen LONDON (Reuters) -Oil is likely to rise by $3-5 per barrel when trading resumes on S...

22nd June, 2025

Image for Head of Russia's Rosneft says OPEC+ could speed up oil output hikes by a year
Headlines

Head of Russia's Rosneft says OPEC+ could speed up oil output hikes by a year

By Olesya Astakhova and Vladimir Soldatkin ST PETERSBURG, Russia (Reuters) -OPEC+ group of leading g...

21st June, 2025

Image for Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites
Headlines

Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites

By Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK (Reuters) -Investors are mulling a host of differe...

21st June, 2025

Image for Norway oil drilling workers agree wage deal, averting strike
Finance

Norway oil drilling workers agree wage deal, averting strike

OSLO (Reuters) -Norwegian labour unions have agreed to a wage deal, averting a strike at floating of...

20th June, 2025

Image for Putin says no need for OPEC+ to intervene in oil market due to Iran-Israel conflict
Headlines

Putin says no need for OPEC+ to intervene in oil market due to Iran-Israel conflict

ST PETERSBURG, Russia (Reuters) -Russian President Vladimir Putin said on Friday that oil prices had...

20th June, 2025

Image for Exclusive-Qatar holds talks with energy companies on risk of Israel-Iran conflict, sources say
Finance

Exclusive-Qatar holds talks with energy companies on risk of Israel-Iran conflict, sources say

By Andrew Mills and Marwa Rashad DOHA/LONDON (Reuters) -Qatar held crisis talks this week with energ...

20th June, 2025

Image for Italy's Eni eyes new unit to manage oil refineries, unions say
Finance

Italy's Eni eyes new unit to manage oil refineries, unions say

MILAN (Reuters) -Eni intends to set up a new company focused on several assets including oil refiner...

20th June, 2025

Image for Russia signs investment deal with Myanmar, sees offshore oil and gas prospects
Headlines

Russia signs investment deal with Myanmar, sees offshore oil and gas prospects

ST PETERSBURG (Reuters) -Russia signed an investment agreement with Myanmar on Friday that it said c...

20th June, 2025

Image for Libya objects to Greek tender for hydrocarbon exploration off Crete
Headlines

Libya objects to Greek tender for hydrocarbon exploration off Crete

TRIPOLI (Reuters) -Libya's internationally recognised government of national unity has objected to G...

20th June, 2025

Image for US, Chinese strategic reserve buys may offset oil surplus, Russia's Gazprom Neft says
Finance

US, Chinese strategic reserve buys may offset oil surplus, Russia's Gazprom Neft says

ST PETERSBURG (Reuters) -U.S. and Chinese purchases for strategic oil reserves are expected to offse...

20th June, 2025