Oil Price

Banks, energy shares lift FTSE 100; Greggs top mid-cap gainer

Oct 5 (Reuters) - London's FTSE 100 rose on Tuesday, buoyed by heavyweight banks on higher yields, while fast-food chain…

4 years ago

Oil falls to $74 on risk-averse mood, U.S. Gulf output

Oil dropped more than $1 a barrel to around $74 on Monday as rising risk aversion weighed on stock markets…

4 years ago

Oil rises on declining inventories and weaker dollar

Oil prices edged higher on Thursday, supported by a sharp decline in U.S. crude stocks and a weaker dollar, though…

4 years ago

Floods, outages stall energy firms’ restart efforts after Ida

Widespread flooding, power outages and debris-strewn roads slowed recovery efforts by energy companies on Tuesday after Hurricane Ida ripped into…

4 years ago

Oil steadies as Hurricane Ida weakens, OPEC+ in focus

Oil steadied on Monday, giving up most of an earlier rally to a four-week high, as Hurricane Ida weakened after…

4 years ago

China’s Sinopec posts $6 bln H1 profit on rebounding oil prices, better demand

China Petroleum & Chemical Corp (600028.SS) on Sunday reported a 39.15 billion yuan ($6.05 billion) net profit for the first six months…

4 years ago

Oil steadies near $71 after two-day rally

Oil prices steadied near $71 a barrel, taking a breather after a strong rally in recent days as Mexico was…

4 years ago

Oil jumps 3% on weaker dollar after seven days of losses

Oil prices jumped 3% on Monday, recovering from a seven-day losing streak, with gains driven by a weaker dollar despite…

4 years ago

Asian shares move off near year lows, NZ holds rates steady

Asian shares edged off near year-to-date lows on Wednesday despite Wall Street's overnight declines, while New Zealand's central bank defied…

4 years ago

Oil prices weighed down by weak Asian demand

Oil prices fell on Tuesday, with both contracts heading for a fourth straight session of losses, weighed down by a…

4 years ago