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US buys over 3 million bbls for oil stockpile, announces plan for 3 million more

...WASHINGTON (Reuters) -The U.S. Department of Energy said on Friday......…

United States CFTC Oil NC Net Positions increased to 172.4K from previous 162.6K

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US Will Buy 3 Million More Barrels of Oil for Emergency Reserve

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UPDATE 1-US buys 3 mln bbls for oil stockpile, announces plan for 3 mln more

...(Adds details, quotes, background) WASHINGTON, June 9 (Reuters......…

Crude Oil Sees Further Downside Amid Ongoing Demand Concerns

WASHINGTON (dpa-AFX) - After ending the previous session off its worst levels but still notably lower, the price of crude…

U.S. Energy Department says it’ll buy another 3.1 million barrels of oil for the SPR

The U.S. Energy Department on Friday said that it awarded contracts for the previously announced plan to purchase 3 million…

U.S. oil futures fall for the session, lose more than 2% for the week

Oil futures declined on Friday to tally a loss of more than 2% for the week. Prices had started the…

US drillers cut oil and gas rigs for sixth week in a row - Baker Hughes

...By Scott DiSavino (Reuters) - U.S. energy firms this week cut......…

United States Baker Hughes US Oil Rig Count rose from previous 555 to 556

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Eni darf Arbeiten im Öl- und Gasfeld in der Elfenbeinküste aufnehmen

Von Emmanuel Tumanjong BARCELONA (Dow Jones)--Eni hat die Genehmigung erhalten, in der zweiten Jahreshälfte mit den Arbeiten im Öl-…

Marathon Petroleum Reports Compressor Trip at Oil Refinery in Texas

Marathon Petroleum Reports Compressor Trip at Oil Refinery in Texas...…

Factbox-Jefferies sees AI fuelling next wave of innovation in oil and gas sector

...(Reuters) - With AI rapidly becoming a buzzword across industries......…

Ölpreise steigen etwas

NEW YORK/LONDON (dpa-AFX) - Die Ölpreise sind am Freitag etwas gestiegen. Ein Barrel (159 Liter) der Nordseesorte Brent zur Lieferung…

Oil and gas windfall tax to be shelved if energy prices fall significantly

HM Treasury said the measure was needed to encourage investment in the North Sea, protect jobs and improve the UKs…

Crude Oil Prices Choppy On Friday

WASHINGTON (dpa-AFX) - Both crude oil benchmarks slipped from Thursdays close amidst a choppy trade. Brent Oil Futures for August…

U.K. says it will withdraw windfall oil and gas tax — if prices drop below these levels

The U.K. government on Friday said it will keep a windfall profit tax on oil and gas companies in place,…

Exclusive-Shell pivots back to oil to win over investors -sources

...By Ron Bousso LONDON (Reuters) - Shell will keep oil output......…

Oil futures edge higher, set for mixed weekly performance

Oil futures edge higher, with upside capped after subdued China data....…

Ölpreise steigen ein wenig

NEW YORK/LONDON (dpa-AFX) - Die Ölpreise sind am Freitag ein wenig gestiegen. Ein Barrel (159 Liter) der Nordseesorte Brent zur…

Crude Oil Futures: A deeper pullback seems off the table

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Ölpreise steuern auf neues Wochenminus zu

Die Ölpreise dürften die zweite Woche in Folge Verluste verzeichnen, da die Marktteilnehmer zunehmend an der Nachfrage zweifeln....…

WTI Price Analysis: Juggles in between bleak global demand and output cuts

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Brent Crude Oil is in an overall downtrend – Credit Suisse

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Ölpreise bleiben unter Druck

Am Ölmarkt dominieren Händlern zufolge wieder die Nachfragesorgen. Der zu Wochenbeginn noch vorherrschende Optimismus wegen der von Saudi-Arabien angekündigten Kürzung…

Ölpreise bleiben unter Druck - Nachfragesorgen dominieren

SINGAPUR (dpa-AFX) - Die Ölpreise haben am Freitag ihre Vortagesverluste etwas ausgeweitet. Die Bewegungen hielten sich zum Wochenschluss aber im…

UK sets out changes to oil and gas windfall tax

...LONDON, June 9 (Reuters) - Britain said on Friday a windfall tax......…

Leading edible oil analyst James Fry resigns after company acquisition

...By Mei Mei Chu KUALA LUMPUR, June 9 (Reuters) - Prominent edible oil.... Fry, who was chairman of LMC, confirmed to Reuters…

UPDATE 1-Oil prices headed for second straight weekly loss on demand fears

... SINGAPORE, June 9 (Reuters) - Oil prices looked set to post their second...," OANDA analyst Edward Moya said. While a Reuters poll of…

Oil prices fall on demand fears, headed for second weekly loss

...By Yuka Obayashi TOKYO (Reuters) - Oil prices fell in early Asia... meeting on June 13-14. Economists…

WTI crude oil regains $71.00 after volatile day, Middle East news, China inflation in focus

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Oil Prices, Markets News and Analysis for June 9, 2023

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Oil market yawned over Saudi cut as economic concerns cap prices -Chevron exec

...By Stephanie Kelly and Simon Webb NEW YORK (Reuters) - Concern..., a Chevron executive told Reuters on…

Oil-Dri Raises Dividends on Common and Class B Stock

Oil-Dri Raises Dividends on Common and Class B Stock...…

UK set to introduce floor for oil and gas windfall tax -FT

...(Reuters) - The United Kingdom will introduce a floor... for Business, Energy and Industrial Strategy directed…

Crude Oil Climbs Well Off Worst Levels But Remains Sharply Lower

WASHINGTON (dpa-AFX) - Crude oil prices regained ground after a mid-day sell-off but still ended Thursdays trading session firmly in…

U.S. oil futures decline, but settle above the session’s lowest levels

Oil futures declined on Thursday, pressured after a media report that said the U.S. and Iran were nearing a deal…

White House denies report on Iran oil deal; WTI rebounds

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Guyana court stays order for Exxon to give unlimited guarantee for oil spills

...By Kiana Wilburg GEORGETOWN (Reuters) - A Guyana Appellate Court... Datadin told Reuters. (Reporting by…

WTI tumbles as US-Iran nuclear deal looms, offsets OPEC+ output cut

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UPDATE 1-Guyana court stays order for Exxon to give unlimited guarantee for oil spills

..., June 8 (Reuters) - A Guyana Appellate Court judge on Thursday... humble view, unlawful," Sanjeev Datadin told Reuters. (Reporting......…

Oil futures drop on report of progress toward a U.S., Iran deal

Oil futures traded sharply lower Thursday, with analysts attributing the drop to a report of progress toward a deal between…

Oil Crashes On Rehashed Report US, Iran Near Deal Allowing Tehran To Export 1MM Barrels For Reduced Uranium Enrichment

Oil Crashes On Rehashed Report US, Iran Near Deal Allowing Tehran To Export 1MM Barrels For Reduced Uranium Enrichment …

Oil supply growth still limited as demand rises, US shale executive says

...By Arathy Somasekhar HOUSTON (Reuters) -Global demand for crude oil......…

The Single Most Important Factor For Oil Prices This Year

The Single Most Important Factor For Oil Prices This Year …

Russian oil exports to Asia exceed exports to EU in May 2022 — Deputy PM

"At the same time, systematic work to diversify the export of Russian energy resources has been going on for more…

Russia mulls creating of independent oil insurance system with friendly states — Deputy PM

According to Alexander Novak, important components of the proposed system are the issues of payment processing and the confidentiality of…

Crude Oil Prices Extend Gains Amidst U.S. Inventory Draw

WASHINGTON (dpa-AFX) - Crude oil benchmarks extended gains on Thursday amidst indications of draining crude oil inventory in the U.S.…

Global oil demand expected to grow in 2023 — Novak

It is reported that the LNG global market can grow by 2030 by 54% to 800 bln cubic meters...…

Russian oil exports to India skyrocketing in 2022 — Novak

Meanwhile, oil exports to China edged up by 28% to 89 mln metric tons last year...…

EV Sales Are Soaring And Oil Use Is About to Peak: Hyperdrive

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