oil-and-gas
HeadlinesShips Advised to Keep Their Distance From Iran Around Hormuz Strait
Oil Settles Higher as Iran-Israel Conflict Enters Sixth Day
Former Iranian Minister Calls for Iranian Control Over Strait of Hormuz
Oil Prices Ease as Iran-Israel Conflict Enters Sixth Day
UAE Says Navigational Error Caused Oil Tanker Collision Near Strait of Hormuz
Date: June 18, 2025
DUBAI (Reuters) -An accidental collision between two oil tankers in the Sea of Oman, indicates that the incident was caused by a navigational misjudgment by one of the vessels, the UAE's energy...
Israel-Iran Conflict Will Spur Russia-China Gas Deal, Russian Adviser Says
Date: June 17, 2025
By Gleb Bryanski MOSCOW (Reuters) -Rising tensions in the Middle East will accelerate natural gas negotiations between Russia and China, with a decision likely this year, the head of a think-tank that...
World Oil Demand to Keep Growing This Decade Despite 2027 China Peak, Iea Says
Date: June 17, 2025
By Alex Lawler LONDON (Reuters) -Global oil demand will keep growing until around the end of this decade despite peaking in top importer China in 2027, as cheaper gasoline and slower electric vehicle...
Putin's Energy Point Man Says There Is a Need for More Oil Volumes Globally
Date: June 17, 2025
MOSCOW (Reuters) -Russian Deputy Prime Minister Alexander Novak on Tuesday said oil prices are "not appropriate" for most producers, and that oil prices will rise as market shocks are absorbed,...
Petronas, Eni to Form Southeast Asia-Focused Gas Venture by end-2025
Date: June 17, 2025
By Ashley Tang and Florence Tan KUALA LUMPUR (Reuters) -Petronas expects to take one to two years to set up a proposed joint venture with Italian energy group Eni on some upstream assets in Indonesia...
Vitol CEO Expects Slight Drop in US Oil Output This Year Due to Lower Prices
Date: June 17, 2025
KUALA LUMPUR (Reuters) -The chief executive of top energy trader Vitol expects a slight reduction in U.S. oil production this year due to lower prices, he said on Tuesday. "With slightly lower prices...