Tag results for: Oil & Gas
Focus on supply glut risks pushes oil lower ahead of OPEC+ meeting – London Business News | Londonlovesbusiness.com
Crude oil prices continued their downward drift today, marking a third straight session of losses.
WTI traded near USD 60 as concerns mounted over a supply glut.
Traders could focus...
North Sea oil and gas firm set for administration – London Business News | Londonlovesbusiness.com
Oil and gas company Petrofac is set to go into administration and thousands of jobs are at risk in the firms North Sea hub in Scotland.
Petrofac employs more...
Oil prices consolidated – London Business News | Londonlovesbusiness.com
Crude oil prices edged slightly lowered on Friday, consolidating after a significant surge in the previous session, but benchmarks remain poised for a solid weekly gain.
The market is...
Oil rebounds sharply as US sanctions boost prices – London Business News | Londonlovesbusiness.com
Crude oil prices extended their rebound, with WTI crude trading above USD 60 per barrel.
New US sanctions targeting major Russian oil companies, including state-owned Rosneft and Lukoil, drove...
The FTSE 100 is on the rise – London Business News | Londonlovesbusiness.com
The FTSE 100 is on the rise despite a largely mixed start to trade in Europe, with sentiment boosted from this week’s weaker inflation figures.
Crucially, the UK has...
Oil stable ahead of US-China developments – London Business News | Londonlovesbusiness.com
WTI crude prices stabilized to a certain extent for a third day in a row on Tuesday after their recent slide to five-month lows.
For the last few sessions,...
