Russia dodges G7 price cap sanctions on most of its oil exports, Financial Times reports

[ad_1] Russian oil cargo Pure Point, carrying crude oil, is seen anchored at the port in Karachi, Pakistan June 13, 2023. REUTERS/Akhtar Soomro/File Photo Acquire Licensing Rights Sept 24 (Reuters)…

Saudi energy minister says markets need light-handed regulation

[ad_1] Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks during 10th Arab-China Business Conference in Riyadh, Saudi Arabia, June 11, 2023. REUTERS/Ahmed Yosri/File Photo Acquire Licensing Rights…

BP CEO Looney resigns over personal relationships with colleagues

[ad_1] Looney steps down with immediate effect CFO Murray Auchincloss becomes interim CEO LONDON, Sept 12 (Reuters) – BP (BP.L) CEO Bernard Looney resigned on Tuesday with immediate effect after…

Oil falls below $90 as markets shuffle back from supply jitters

[ad_1] NEW YORK, Sept 6 (Reuters) – Oil prices fell below $90 a barrel on Wednesday, after rising over 1% the previous session, on a stronger dollar and after strong…

Sinopec not interested in acquiring Shell’s Singapore assets

[ad_1] The company logo of China’s Sinopec Corp is displayed at a news conference in Hong Kong, China March 26, 2018. REUTERS/Bobby Yip/File Photo Acquire Licensing Rights Sinopec interested in…

Oil dips as China factory activity shrinks; market eyes US data

[ad_1] A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson/File Photo Acquire Licensing Rights SINGAPORE, Aug 31 (Reuters) – Oil prices eased on Thursday…

Exclusive: Eni, Repsol to upgrade oil-for-debt deal with Venezuela

[ad_1] [1/2]The logo of Italian energy company Eni is seen at the booth of Eni during the Nigeria International Petroleum Summit in Abuja, Nigeria February 10, 2020. Picture take February…

Oil gains 1% as investors await Fed news from Jackson Hole

[ad_1] China National Petroleum Corporation (CNPC)’s Dalian Petrochemical Corp refinery is seen near the downtown of Dalian in Liaoning province, China July 17, 2018. Picture taken July 17, 2018. REUTERS/Chen…

Oil settles up, rebounds from lows after European storage report

[ad_1] An aerial view shows tugboats helping a crude oil tanker to berth at an oil terminal, off Waidiao Island in Zhoushan, Zhejiang province, China July 18, 2022. cnsphoto via…

Oil down 1% as weak US gasoline demand offsets big draw in crude stocks

[ad_1] A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson/File Photo Acquire Licensing Rights HOUSTON, Aug 23 (Reuters) – Oil prices were down 1%…