Bussiness

Exclusive: US, Venezuela in talks for fresh oil sanction exemptions…

Posted by October 9, 2023

Cutouts depicting images of oil operations are seen outside a building of Venezuela's state oil company PDVSA in Caracas, Venezuela January 28, 2019. REUTERS/Ca

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Exclusive: Eni, Repsol to upgrade oil-for-debt deal with Venezuela

Posted by August 29, 2023

[1/2]The logo of Italian energy company Eni is seen at the booth of Eni during the Nigeria International Petroleum Summit in Abuja, Nigeria February 10, 2020. P

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Analysis: Surging U.S. crude oil exports disrupt European, Asian prices 

Posted by August 4, 2023

A Marathon Oil well site is seen, as oil and gas activity dips in the Eagle Ford Shale oil field due to the coronavirus disease (COVID-19) pandemic and the drop

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Oil inventory drops set stage for higher prices

Posted by July 31, 2023

LONDON/HOUSTON/SINGAPORE, July 31 (Reuters) - Oil inventories are beginning to fall in some regions as demand outpaces supply constrained by deep production cut

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Oil prices up 2% to 6-week high on supply concerns

Posted by July 7, 2023

NEW YORK, July 7 (Reuters) - Oil prices climbed about 2% to a six-week high on Friday as supply concerns outweighed fears that further interest rate hikes could

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Oil gains on China growth, but European inflation weighs

Posted by March 2, 2023

Chinese manufacturing activity grew last monthU.S. crude inventory build was bigger than expectedExpectations grow on more European Central Bank rate hikesLONDO

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European refiners oversupplied as oil shortage fears subside

Posted by November 18, 2022

LONDON, Nov 18 (Reuters) - European refiners have found themselves oversupplied with crude as an expected shortage owing to the looming EU ban on Russian oil ha

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Oil prices steady on U.S. business activity, Chinese demand data

Posted by October 24, 2022

U.S. business activity weakens again in October -S&P GlobalChina's Sept crude imports fall, fuel exports hit 15-mth highNEW YORK, Oct 24 (Reuters) - Oil pri

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