By Alex Lawler, Olesya Astakhova and Ahmad Ghaddar LONDON (Reuters) -OPEC+ is discussing delaying an oil output increase scheduled to start in October after oil prices hit their lowest in nine months, four sources from the producer group…
(Reuters) - If producer group OPEC+ doesn't reduce production further, the average price of oil could drop to $60 per barrel in 2025 due to reduced demand and increased supply from non-OPEC countries, Citi said in a note on Wednesday. Citi…
(Reuters) - Russian President Vladimir Putin said that he intended to discuss a gas supply contract with Serbia that expires in March 2025 with Serbian Deputy Prime Minister Aleksandar Vulin. Putin met Vulin at the Eastern Economic Forum…
By Sabrina Valle HOUSTON (Reuters) - Abu Dhabi National Oil Company (ADNOC) will acquire a 35% equity stake in Exxon Mobil Corp (NYSE:)'s proposed low-carbon hydrogen project in Texas, with the companies announcing a one-year start-up…
September has just started and is already living up to its reputation of being the toughest month of the year for stocks.
The stock market sold off after the open and August's weak report was released later on, which pressured equities…
The UK has defended its decision to suspend some arms sales to Israel.Israeli Prime Minister Benjamin Netanyahu has called the decision "shameful", saying on social media that it "will only embolden Hamas".But Husam Zomlot, the!-->!-->…
(Reuters) - Artificial intelligence could hurt oil prices over the next decade by boosting supply by potentially reducing costs via improved logistics and increasing the amount of profitably recoverable resources, Goldman Sachs said on…
By Shariq Khan NEW YORK (Reuters) - U.S. gasoline futures fell nearly 6% on Tuesday to their lowest since December 2021, as the end of the driving season weighed on demand for the motor fuel amid a sell-off in the broader oil market.…