Oil prices slump again, hit by demand concerns

Oil prices slump again, hit by demand concerns

Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, U.S., March 24, 2016. REUTERS/Nick Oxford Register now for FREE unlimited access to Reuters.com Register U.S. crude, gasoline stockpiles fall – EIA China factory data disappoints OPEC+ looks at output cut NEW YORK, Aug 31 (Reuters) – Oil prices … Read more

U.S. tells India that Indian ship was used to reroute Russian-linked fuel to New York

U.S. tells India that Indian ship was used to reroute Russian-linked fuel to New York

The Reserve Bank of India (RBI) Deputy Governor Michael Debabrata Patra, arrives at a news conference after a monetary policy review in Mumbai, India, February 6, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register NEW DELHI, Aug 13 (Reuters) – The United States has expressed concern to India that it was … Read more

Eneos books strong Q1 results, CEO abruptly resigns

Eneos books strong Q1 results, CEO abruptly resigns

JX Nippon Oil & Energy Corp’s Eneos brand logo on a tanker lorry in a train at a station nearby its refinery in Yokohama, Japan February 7, 2017. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register TOKYO, Aug 12 (Reuters) – Japanese oil and metals giant Eneos Holdings Inc (5020.T) announced on … Read more

Drone attack may have caused Russia refinery fire near Ukraine -governor

Drone attack may have caused Russia refinery fire near Ukraine -governor

Fire broke out on Wednesday morning Blaze has been put out Russia investigating attacks on its oil installations This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine MOSCOW, June 22 (Reuters) – The Novoshakhtinsk oil refinery in Russia’s Rostov region, bordering Ukraine, suspended operations on Wednesday after … Read more

U.S. gasoline average price tops $5 per gallon in historic first

U.S. gasoline average price tops  per gallon in historic first

June 11 (Reuters) – The price of U.S. gasoline averaged more than $5 a gallon for the first time on Saturday, data from the AAA showed, extending a surge in fuel costs that is driving rising inflation. The national average price for regular unleaded gas rose to $5.004 a gallon on June 11 from $4.986 … Read more

Exxon signals record quarterly profit from oil and gas prices

Exxon signals record quarterly profit from oil and gas prices

Signage seen at a gas station at an Exxon gas station in Brooklyn, New York City, USA, November 23, 2021. REUTERS / Andrew Kelly Sign up now for FREE unlimited access to Reuters.com Sign up HOUSTON, April 4 (Reuters) – Exxon Mobil Corp (XOM.N) said Monday that their first-quarter results could top a seven-year quarterly … Read more