Oil

Oil steady as rising Libyan output offsets supply worries

Oil prices were steady on Monday, as investor bets that global supply will remain tight amid restraint by major producers…

4 years ago

Analysis: Shrink to fit: the year Big Oil starts to become Small Oil

Europe's Big Oil companies are planning to spend their windfall from high energy prices on becoming Small Oil.

4 years ago

Oil rises towards $75 as U.S. demand and Fed outweigh virus concern

Oil rose towards $75 on Thursday supported by record U.S. implied demand and falling crude stockpiles, even as the spread…

4 years ago

Oil rebounds above $71 on Omicron hopes, Iran talks

Oil rose by more than $1 a barrel to above $71 on Monday as hopes that the Omicron coronavirus variant…

4 years ago

U.S. & European stock futures rise, oil bounces

U.S. and European stocks futures moved higher on Monday as Asian markets lagged, while bonds surrendered some of their recent…

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

Oil rises as market shrugs off virus impact

Oil prices rose more than $1 on Tuesday, recouping some of the losses in the previous session, as rise of…

4 years ago

Chinese stocks in tentative bounce, Fed in no hurry to taper

Asian shares managed a semblance of calm on Thursday as the U.S. Federal Reserve signalled it was in no rush…

4 years ago

Papua New Guinea-focused Oil Search rebuffs $6.5 bln Santos bid

Oil Search (OSH.AX) rejected an unsolicited takeover proposal from Santos Ltd (STO.AX) valuing the Papua New Guinea-focused oil and gas…

4 years ago

Oil piles on losses following OPEC+ deal to boost supply, rising COVID cases

Oil slumped $5 a barrel on Monday, closing out its worst day since March, after an OPEC+ agreement to boost…

4 years ago
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