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Oil Price
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
Oil & Gas
Oil Extends Losses on Prospect of Higher OPEC+ Supply
A view shows the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside its headquarters in Vienna, Austria, May 28 , 2024. REUTERS/Leonha
Oil & Gas
CFTC Fines Totalenergies Trading $48 Million for Attempted Market Manipulation
The logo of French oil and gas company TotalEnergies is seen on an oil tank at TotalEnergies fuel depot in Mardyck near Dunkirk, France, January 16, 2023. REUTE
Oil & Gas
Oil strengthens as fall estimated in US crude inventories
Oil prices climbed on Wednesday on estimates about shrinking U.S. crude and gasoline inventories as the market watched for a possible widening of the Middle Eas
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US Gulf Refiners Paying Premium Prices for Trinidad’s Molo Crude
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Oil Set for Third Straight Weekly Decline Amid Tariff Concerns
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Oil Holds Above $72 Amid Supply Uncertainty
