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oil and gas

Bussiness

OPEC+ members delay plans to hike production by two months after oil price slump

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A general view of signage at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) on Feb. 29, 2024 in Vienna, Austria.Thomas...
Bussiness

U.S. crude oil near $69 per barrel as OPEC+ delays production boost

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U.S. crude oil pulled back slightly Thursday to close near $69 per barrel, as OPEC+ delays plans to boost production after futures sold off...
Bussiness

U.S. crude oil jumps more than 3% on Libya production halt for best day in two weeks

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U.S. crude oil futures gained 3% on Monday for the best day in two weeks, amid reports of a production halt in Libya and...
Bussiness

Oil prices to remain elevated as Middle East tensions threaten a wider conflict, CBA analyst warns

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This photo taken from a position in northern Israel shows a Hezbollah UAV intercepted by Israeli air forces over north Israel on August 25,...
Bussiness

CNBC Daily Open: Wall Street soars; Starbucks ousts CEO

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Traders work on the floor of the New York Stock Exchange on April 26, 2023 in New York City. Michael M. Santiago | Getty ImagesThis...
World

U.S. crude oil breaks $78 per barrel as fears of war between Iran and Israel grow

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U.S. crude oil futures broke above $78 per barrel Thursday on fears that Israel and Iran are heading to a direct conflict after the...
Bussiness

Shell beats second-quarter profit expectations, launches $3.5 billion share buyback program

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The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024.Matt Cardy | Getty Images News |...
World

Oil rises on risk of broadening Middle East conflict

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Oil prices rose in early Asian trading on Thursday, extending strong gains in the previous session after the killing of a Hamas leader in...
Bussiness

Oil major BP raises dividend as second-quarter profit beats expectations

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A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom.John Keeble | Getty Images...
World

Oil prices fall as trader unfazed by Israel-Hezbollah escalation

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Smoke billows following an Israeli airstrike in the southern Lebanese border village of Chihine on July 28, 2024. Kawnat Haju | Afp | Getty ImagesCrude...
Infra

U.S. oil prices fall for third straight day as oil infrastructure recovers from Tropical Storm Beryl

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"Hurricane Beryl has not only dumped water on all in its path, but it has also quenched some of the bullish fervour that was...
Bussiness

BP shares drop 3% after warning of up to $2 billion impairment, weak refining margins

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BP in 2020 set out its ambition to become a net zero company "by 2050 or sooner."Matt Cardy | Getty Images News | Getty...
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