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oil and gas

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Image for Traders pile into $80 US oil bets as tensions rise in Middle East
Finance

Traders pile into $80 US oil bets as tensions rise in Middle East

(Reuters) -Traders on Friday exchanged the most $80 West Texas Intermediate (WTI) crude oil call opt...

13th June, 2025

Image for Analysis-OPEC+ would struggle to cover major Iranian oil supply disruption
Headlines

Analysis-OPEC+ would struggle to cover major Iranian oil supply disruption

By Ahmad Ghaddar and Seher Dareen LONDON (Reuters) -Oil market participants have switched to dreadin...

13th June, 2025

Image for Investors choose safe havens, oil over equities as Middle East erupts
Headlines

Investors choose safe havens, oil over equities as Middle East erupts

By Amanda Cooper and Dhara Ranasinghe LONDON (Reuters) -Investors' worst-case scenario of a full-blo...

13th June, 2025

Image for UK's Energean suspends production offshore Northern Israel
Headlines

UK's Energean suspends production offshore Northern Israel

(Reuters) -British gas producer Energean said on Friday it has temporarily suspended the production...

13th June, 2025

Image for High oil prices due to Israeli strikes on Iran would hurt German economy, DIW says
Finance

High oil prices due to Israeli strikes on Iran would hurt German economy, DIW says

BERLIN (Reuters) -The German economy is expected to grow by 0.3% this year following two consecutive...

13th June, 2025

Image for Stocks slump, oil prices surge after Israel attacks Iran
Finance

Stocks slump, oil prices surge after Israel attacks Iran

By Kevin Buckland TOKYO (Reuters) -Stocks dived in early Asian trade on Friday, led by a selloff in...

13th June, 2025

Image for Oil settles up 7% as Israel, Iran trade air strikes
Finance

Oil settles up 7% as Israel, Iran trade air strikes

(Reuters) -Oil prices jumped more than 5% on Friday to hit the highest in more than two months after...

13th June, 2025

Image for Stocks sell off, oil surges as Israel strikes Iran
Headlines

Stocks sell off, oil surges as Israel strikes Iran

SINGAPORE (Reuters) -Israel has begun carrying out strikes on Iran, two U.S. officials said, adding...

13th June, 2025

Image for Italy's Eni monitoring Iraq's security situation
Headlines

Italy's Eni monitoring Iraq's security situation

MILAN (Reuters) -Italy's Eni is closely monitoring the security situation in Iraq, a spokesperson fo...

12th June, 2025

Image for Most G7 members ready to lower Russian oil price cap without US
Headlines

Most G7 members ready to lower Russian oil price cap without US

By Julia Payne and John Irish BRUSSELS/PARIS (Reuters) -Most countries in the Group of Seven nations...

12th June, 2025

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