oil and gas

Image for Oil settles lower as traders gauge Middle East tensions
Headlines

Oil settles lower as traders gauge Middle East tensions

By Arathy Somasekhar (Reuters) -Oil prices edged higher on Thursday to their highest in more than tw...

12th June, 2025

Image for Kremlin says EU-proposed lower Russian oil price cap is not helpful for global markets
Finance

Kremlin says EU-proposed lower Russian oil price cap is not helpful for global markets

MOSCOW (Reuters) -A lower price cap for Russian oil proposed by the European Commission to punish Mo...

11th June, 2025

Image for Oil prices jumps 4% to 2-month high as tensions rise in Middle East
Headlines

Oil prices jumps 4% to 2-month high as tensions rise in Middle East

By Katya Golubkova TOKYO (Reuters) -Oil prices fell in early trade on Wednesday as markets were asse...

11th June, 2025

Image for Russian budget deficit for January-May was 1.5% of GDP
Finance

Russian budget deficit for January-May was 1.5% of GDP

(Reuters) -Russia ran a budget deficit of 3.4 trillion roubles ($43.3 billion), or 1.5% of gross dom...

10th June, 2025

Image for UK's Wood Group wins $2.8 billion ADNOC contract
Finance

UK's Wood Group wins $2.8 billion ADNOC contract

(Reuters) -Wood Group has secured a $2.8 billion contract from Abu Dhabi oil giant ADNOC to deliver...

10th June, 2025

Image for Oil prices hold near 7-week high as market waits for news from US-China trade talks
Finance

Oil prices hold near 7-week high as market waits for news from US-China trade talks

By Anjana Anil (Reuters) -Oil prices edged up on Tuesday as market participants waited for the outco...

10th June, 2025

Image for Oil prices hit multi-week highs amid US-China trade talks
Finance

Oil prices hit multi-week highs amid US-China trade talks

By Colleen Howe BEIJING (Reuters) - Oil prices held on to last week's gains early on Monday as inves...

9th June, 2025

Image for Demand for US light sweet crude drops as OPEC+ ramps up output
Finance

Demand for US light sweet crude drops as OPEC+ ramps up output

By Stephanie Kelly and Robert Harvey NEW YORK (Reuters) -Rising OPEC+ supplies and new streams of oi...

6th June, 2025

Image for HSBC flags downside risks to Brent price outlook due to OPEC+ supply hikes
Finance

HSBC flags downside risks to Brent price outlook due to OPEC+ supply hikes

(Reuters) - HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely t...

6th June, 2025

Image for Spain's imports of Venezuelan oil dry up ahead of US sanctions deadline
Headlines

Spain's imports of Venezuelan oil dry up ahead of US sanctions deadline

MADRID (Reuters) -Spain didn't import crude oil from Venezuela in April, ahead of a key sanctions de...

6th June, 2025

Image for Crude climbs on US jobs report, China talks
Finance

Crude climbs on US jobs report, China talks

SINGAPORE (Reuters) - Oil prices slipped on Friday but were on track for their first weekly gain in...

6th June, 2025

Image for Britain's Centrica agrees $27 billion deal to import gas from Norway
Finance

Britain's Centrica agrees $27 billion deal to import gas from Norway

By Susanna Twidale LONDON (Reuters) - British Energy owner Centrica has signed a 10-year deal worth...

5th June, 2025