Oil dips as coronavirus worries offset more Russia sanctions

Oil dips as coronavirus worries offset more Russia sanctions

Storage tanks are seen at the Petroineos Ineos petrol refinery in Lavera, France, March 29, 2022. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register China extends lockdown in Shanghai EU and US plan more sanctions on Russia for alleged war crimes IEA still discussing how much oil to release from stockpiles Upcoming … Read more

Exxon signals record quarterly profit from oil and gas prices

Exxon signals record quarterly profit from oil and gas prices

Signage is seen on a gasoline pump at an Exxon gas station in Brooklyn, New York City, US, November 23, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register HOUSTON, April 4 (Reuters) – Exxon Mobil Corp (XOM.N) on Monday said its first-quarter results could top a seven-year quarterly record, with operating … Read more

Oil rises above $105 as supply concerns persist

Oil rebounds on tight supply, prospects of new Russia sanctions

Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan November 13, 2021. REUTERS/Pavel Mikheyev Register now for FREE unlimited access to Reuters.com Register Iran blames US for halt to Vienna nuclear talks IEA agrees to release more oil Yemen’s warring parties … Read more

Oil prices fall after truce in Middle East conflict, petroleum reserve news

Oil prices fall after truce in Middle East conflict, petroleum reserve news

A worker checks a tank at Nahr Bin Umar oil field, north of Basra, Iraq March 22, 2022. REUTERS/Essam Al-Sudani Register now for FREE unlimited access to Reuters.com Register Oil prices extend losses from last week UAE welcomes two-month truce in Yemen – state news agency Price falls come after SPR news last week NEW … Read more

Oil slumps 7% as US plans record crude reserve release

Oil drops on positive signals from Russia-Ukraine peace talks

US will release of 1 mln bpd of oil for 6 months starting May Biden says allies could release 30-50 mln bbls more IEA members to meet on Friday at 1200 GMT OPEC+ sticks to existing agreement with 432,000 bpd rise in May Benchmarks post biggest quarterly gain since Q2 2020 HOUSTON, March 31 (Reuters) … Read more

European stocks set for biggest quarterly drop since 2020

European stocks set for biggest quarterly drop since 2020

A DAX logo is pictured at the trading floor of the stock exchange in Frankfurt, Germany December 29, 2017. REUTERS/Ralph Orlowski Register now for FREE unlimited access to Reuters.com Register LONDON, March 31 (Reuters) – European stocks edged lower on Thursday and were set for their biggest quarterly drop since the start of 2020, while … Read more

Oil rebounds on tight supply, prospects of new Russia sanctions

Oil rebounds on tight supply, prospects of new Russia sanctions

Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan November 13, 2021. REUTERS/Pavel Mikheyev Register now for FREE unlimited access to Reuters.com Register LONDON, March 30 (Reuters) – Oil prices jumped by more than 3% on Wednesday on supply tightness and … Read more

Oil drops on positive signals from Russia-Ukraine peace talks

Oil drops on positive signals from Russia-Ukraine peace talks

Storage tanks are seen at Marathon Petroleum’s Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel, and other petroleum products, in Carson, California, US, March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan Register now for FREE unlimited access to Reuters.com Register Ukraine-Russia continues … Read more

Oil slides on concerns of weaker Chinese demand

Oil jumps in volatile trade amid CPC pipeline disruption

A worker holds a nozzle to pump petrol into a vehicle at a fuel station in Mumbai, India, May 21, 2018. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register Shanghai launches two-stage lockdown as COVID-19 cases surge OPEC+ to meet on Thursday Russia-Ukraine peace talks could start on Tuesday – Kremlin More … Read more

China’s Sinopec plans its biggest capital expenditure in history

China's Sinopec plans its biggest capital expenditure in history

A pumpjack is seen at the Sinopec-operated Shengli oil field in Dongying, Shandong province, China January 12, 2017. Picture taken January 12, 2017. REUTERS/Chen Aizhu/File Photo Register now for FREE unlimited access to Reuters.com Register BEIJING, March 27 (Reuters) – China Petroleum & Chemical Corp (600028.SS), better known as Sinopec, is planning its highest capital … Read more