oil

Asian stocks are buoyed by US futures, oil climbs

A man walks past a screen displaying a graph showing recent average movements in Nikkei stock outside a brokerage in Tokyo, Japan, December 30, 2020. REUTERS/Issei Kato/File Photo Join now for FREE unlimited access to Reuters.com Register Asian scholarships: Nikkei adds 0.3%, S&P 500 futures rise 0.4% Euro hits 7-year high against yen ahead of …

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Saudi Arabia and OPEC could make up for lost Russian oil production as Biden visit looms

The Organization of the Petroleum Exporting Countries (OPEC) logo is seen at the OPEC headquarters in Vienna, Austria June 19, 2018. REUTERS/Leonhard Foeger/File Photo Join now for FREE unlimited access to Reuters.com Register Western sanctions have caused Russian production to plummet OPEC+ meets on Thursday and may address Russian production issue US diplomats worked on …

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Saudi Arabia ready to pump more oil if Russian production falls under ban

Saudi Arabia has signaled to Western allies that it is ready to increase oil production if Russian production falls significantly under the brunt of sanctions, according to five people familiar with the talks. The kingdom has resisted calls from the White House to accelerate production increases despite oil prices trades near $120 a barrel, the …

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Russia widens gas cuts in Europe as Gazprom cuts supply from Dutch trader

A 3D printed gas pipeline is placed in front of the Gazprom logo displayed in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Join now for FREE unlimited access to Reuters.com Register Gazprom says it cut gas supply to GasTerra Russians cite refusal to pay in rubles The Dane also on the lookout for …

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India shows no signs of slowing down in Russian oil purchases

Russian crude flows to India expected to reach 3.36 million metric tons in May, according to Refinitiv estimates. This is nearly 9 times higher than the 2021 monthly average of 382,500 metric tons. Overall, the country has received 4.8 million metric tons of Russian oil at a discount since the Ukrainian War started, added Refinitiv. …

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Oil surge stokes inflation fears, dampens stocks By Reuters

2/2 © Reuters. A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying Nikkei Index charts (top) outside a brokerage in Tokyo, Japan, on March 10, 2022. REUTERS/Kim Kyung-Hoon 2/2 By Sujata Rao LONDON (Reuters) – European stocks opened weaker on Tuesday and Wall Street was tipped …

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Oil Prices

Oil prices are expected to rise further this summer | OilPrice.com

The combination of limited new supply options, growing risks to traditional supply and growing global demand are expected to drive oil prices higher this summer. Oil Price Alert: This month’s Smart Investor column, now available for Global Energy Alert members, highlights two oil and gas pipeline stocks that could provide solid income for investors. If …

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Stocks and oil slide as dire data from China fuels recession fears

Traders are seen in front of a screen with trading numbers in red at the Stock Exchange of Thailand in Bangkok, Thailand March 13, 2020. REUTERS/Juarawee Kittisilpa/Files Join now for FREE unlimited access to Reuters.com Register Asian scholarships: Retail sales in China fall 11.1%, production falls 2.9% Nikkei Cuts Gains, S&P 500 Futures Fall Dollar …

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