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Oil & Gas
World's Top Oil Refining Hub Is Running Hard as Exports Boom
US Gulf Coast refineries are running the hardest for this time of the year in more than three decades as they rush to take advantage of strong fuel demand from
Oil & Gas
Petrobras Outlines $111 Billion, Five-Year Spending Proposal
Petrobras plans to boost spending on new oil drilling and other projects by almost 9% to $111 billion in the next five-year plan.The Brazilian oil giant’s
Oil & Gas
Oil Holds Weekly Drop on Glut Concerns, China’s Demand Outlook
Oil held a weekly loss on concerns over plentiful global supply and the outlook for demand in China, the world’s biggest crude importer.Brent traded above
Oil & Gas
Indian Gas Retailers’ Shares Sink as Supply Cut Hits Margins
Indian city gas distributors’ stocks tumbled Monday after the government cut allocations of natural gas for a second month, triggering analyst downgrades.
Oil & Gas
Election Euphoria Ends For Oil Prices
The International Energy Agency (IEA) expects there to be an oil surplus of more than 1.0 million bbl next year based upon a continuing decline in demand center
Oil & Gas
Oil Settles on Moderate Gains Amid Mixed Middle East Signals
Oil edged higher after swinging between gains and losses for much of the session as traders weighed mixed signals about the risks to flows from the Middle East
Oil & Gas
Oil Prices Rangebound Amid Weak Demand Outlook
Oil held near November lows, settling near $68 a barrel, as increasingly bearish fundamentals capped the session’s gain.In the physical market, a key supp
Oil & Gas
Oil Tumbles With Trump Trades Aiding Dollar as US Counts Votes
Oil fell as Donald Trump’s increasing chances of winning the presidential race boosted the dollar to a one-year high, while an industry report signaled a
Oil & Gas
Exxonmobil’s Q3 2024 Net Income Drops By 5% To $8.6bn
ExxonMobil has reported a net income of $8.61bn for the third quarter of 2024 (Q3 2024), down by 5.1% from $9.07bn recorded in the same period last year.In the
Oil & Gas
Oil steadied after a two-day decline on the prospect for a further easing of hostilities in the Middle East, with the market shifting its attention to global supply balances and OPEC+’s production out
Storage tanks at the BP Plc Cherry Point Refinery near Blaine, Washington, U.S., on Friday, Nov. 19, 2021. Total U.S. oil stockpiles, including commercial inven
Oil & Gas
BP Beats Estimates Despite Lower Oil Prices
FTSE 100 oil giant BP has reported strong-than-expected earnings for the third quarter.On Tuesday, it posted an underlying replacement cost profit, used as a pr
Oil & Gas
Oil Steadies After 6% Plunge With Focus on Mideast Risk, US Data
Oil steadied — after tumbling the most in more than two years on Monday — as the market focused on the prospect for easing hostilities in the Middle East and
Oil & Gas
Italy's Eni To Boost Buyback After Quarterly Earnings Beat Expectations
Italian energy group Eni (ENI.MI), will increase its share buyback programme to 2 billion euros ($2.2 billion), it said on Friday, after beating third-quarter p
Oil & Gas
Oil prices slide 3% on prospect of more OPEC+ oil
A view shows Atyrau Oil Refinery owned by Kazakhstan's state energy company KazMunayGas in the city of Atyrau, Kazakhstan, November 15, 2023. REUTERS/Turar
Oil & Gas
US EIA Lifts Oil Demand Forecast, Says Prices Will Recover to Above $80/Bbl
Model of natural gas pipeline and U.S. flag, July 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsGlobal oil demand is set to grow

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Oil Prices Fall on Ukraine Summit Plan, Prospect of Iran Nuclear Deal

Oil Price

World's Top Oil Refining Hub Is Running Hard as Exports Boom

Petrobras Outlines $111 Billion, Five-Year Spending Proposal

Oil Holds Weekly Drop on Glut Concerns, China’s Demand Outlook

Indian Gas Retailers’ Shares Sink as Supply Cut Hits Margins

Election Euphoria Ends For Oil Prices

Oil Settles on Moderate Gains Amid Mixed Middle East Signals

Oil Prices Rangebound Amid Weak Demand Outlook

Oil Tumbles With Trump Trades Aiding Dollar as US Counts Votes

Exxonmobil’s Q3 2024 Net Income Drops By 5% To $8.6bn

Oil steadied after a two-day decline on the prospect for a further easing of hostilities in the Middle East, with the market shifting its attention to global supply balances and OPEC+’s production out

BP Beats Estimates Despite Lower Oil Prices

Oil Steadies After 6% Plunge With Focus on Mideast Risk, US Data

Italy's Eni To Boost Buyback After Quarterly Earnings Beat Expectations

Oil prices slide 3% on prospect of more OPEC+ oil

US EIA Lifts Oil Demand Forecast, Says Prices Will Recover to Above $80/Bbl

Oil Prices Fall on Ukraine Summit Plan, Prospect of Iran Nuclear Deal

IEA to Expedite 2025 Oil Demand Forecast, OPEC Also Moves Early

U.S. Weighs Sanctions on Russia Energy Flows, but Time Is Not 'Right Now'

New Iran Nuclear Deal May Completely Derail Oil Price Rally

Oil prices slide 3% on prospect of more OPEC+ oil

US EIA Lifts Oil Demand Forecast, Says Prices Will Recover to Above $80/Bbl