oil and gas

Image for Trafigura warns of volatility in 2025 as first-half profit inches up
Finance

Trafigura warns of volatility in 2025 as first-half profit inches up

By Robert Harvey LONDON (Reuters) - Global commodity trading house Trafigura reported on Thursday th...

5th June, 2025

Image for Iraq holds Kurdish government legally responsible for continued oil smuggling
Headlines

Iraq holds Kurdish government legally responsible for continued oil smuggling

BAGHDAD (Reuters) - Iraq's oil ministry said on Thursday it holds the Kurdish regional government (K...

5th June, 2025

Image for Oil settles up as US, China teams to meet following Trump, Xi trade call
Finance

Oil settles up as US, China teams to meet following Trump, Xi trade call

By Katya Golubkova TOKYO (Reuters) - Oil prices slipped in early trade on Thursday after a build in...

5th June, 2025

Image for Russia's oil and gas budget revenue falls by more than a third in May
Headlines

Russia's oil and gas budget revenue falls by more than a third in May

MOSCOW (Reuters) - Russia's oil and gas revenue fell by 35% year-on-year in May to 512.7 billion rou...

4th June, 2025

Image for Oil settles 1% lower after US data shows large builds in fuel stocks
Finance

Oil settles 1% lower after US data shows large builds in fuel stocks

By Yuka Obayashi and Trixie Yap (Reuters) -Oil prices slipped in Asian trade on Wednesday, weighed d...

4th June, 2025

Image for BP boosts investment in Azerbaijan Caspian Sea projects
Finance

BP boosts investment in Azerbaijan Caspian Sea projects

By Nailia Bagirova BAKU (Reuters) -The owners of the Shah Deniz gas field in the Azeri Caspian Sea l...

3rd June, 2025

Image for Analysis-Global oil refiners see short-term boost from higher margins
Headlines

Analysis-Global oil refiners see short-term boost from higher margins

By Robert Harvey, Shariq Khan and Nicole Jao LONDON (Reuters) -Refiners across the globe are reaping...

3rd June, 2025

Image for Oil climbs 2% to 2-week high on geopolitical tensions
Headlines

Oil climbs 2% to 2-week high on geopolitical tensions

By Anjana Anil (Reuters) - Oil prices rose in early Asia trade on Tuesday on concerns about supply,...

3rd June, 2025

Image for Oil gains on supply concerns as wildfires disrupt Canada supply, OPEC+ keeps output plans unchanged
Finance

Oil gains on supply concerns as wildfires disrupt Canada supply, OPEC+ keeps output plans unchanged

By Florence Tan SINGAPORE (Reuters) - Oil prices rebounded more than $1 a barrel in early Asian trad...

1st June, 2025

Image for OPEC+ oil producers stick to their guns with another big hike for July
Finance

OPEC+ oil producers stick to their guns with another big hike for July

By Alex Lawler, Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) -OPEC+ meets on Saturday...

31st May, 2025

Image for Russia's Transneft says Q1 net profit down 15% to $1 billion
Finance

Russia's Transneft says Q1 net profit down 15% to $1 billion

MOSCOW (Reuters) - First-quarter net profit of Russia's oil pipeline monopoly Transneft declined by...

30th May, 2025

Image for Gunvor, SOCAR neck and neck to buy refiner Italiana Petroli, sources say
Finance

Gunvor, SOCAR neck and neck to buy refiner Italiana Petroli, sources say

By Francesca Landini and Valentina Za MILAN (Reuters) - Global commodity trader Gunvor and State Oil...

30th May, 2025