[ad_1] PARIS, March 28 (Reuters) – Societe Generale (SOGN.PA) pulled out of Texas-based energy company NextDecade’s (NEXT.O) Rio Grande Liquefied Natural Gas (LNG) project last year, the French bank disclosed…
Tag: CRU
World shares off record peak; dollar rises
[ad_1] MSCI world index down 0.9% Major U.S. indices close lower Dollar supported by spending data Oil prices fall on lockdown fears Data shows rebound in U.S. consumer spending LONDON,…
Occidental Petroleum, Devon Energy impress Wall St as oil price bounces
[ad_1] Aug 3 (Reuters) – U.S. oil and gas producers Occidental Petroleum Corp (OXY.N) and Devon Energy Corp (DVN.N)blew past Wall Street’s profit expectations on Tuesday, as easing travel curbs…
EXCLUSIVE OPEC told to expect limited U.S. oil output growth, for now – sources
[ad_1] Shale outlook discussed at Tuesday OPEC technical meeting U.S. output growth seen at about 200,000 bpd in 2021 Capital discipline remains focus for shale companies, OPEC told OPEC meets…
Oil edges up, as investors worry about global demand
[ad_1] Russia says global oil demand may not recover to 2019 levels OPEC+ struggles to pump more oil to meet rising demand API shows crude, fuel stocks down -market sources…
Analysis: U.S. wants more oil, but OPEC+ can’t turn on the tap much harder
[ad_1] OPEC+ worries faster supply hike may cause glut in 2022 Yet OPEC+ already struggling to pump more oil Biden seeks oil stocks release as OPEC+ sticks to plan Faster…
Oil falls as US holds off refilling strategic reserve
[ad_1] TOKYO, March 24 (Reuters) – Oil prices fell on Friday, extending the previous day’s losses, on worries about potential oversupply after U.S. Energy Secretary Jennifer Granholm said refilling the…
Strikes roiling French power sector cause fuel shortages
[ad_1] PARIS, March 23 (Reuters) – Industrial action disrupting French refineries has left some petrol stations short of fuel as strikes stretched into a 16th day on Thursday, also hitting…
Oil drops 1% as US in no rush to refill strategic reserve
[ad_1] US Energy Sec Granholm says refilling SPR likely to take years Dollar falls to lowest since Feb 3 Policymakers signal slowdown in interest rate hikes by U.S. Fed Gasoline…
Asian shares fall as Delta variant casts shadow over growth
[ad_1] HONG KONG, Aug 6 (Reuters) – Asian shares failed to catch a firm lead from a bumper Wall Street session on Friday as the spread of the Delta variant…