Devon Energy profit beats, raises oil output forecast
(Reuters) – Devon Energy Corp (DVN.N) raised its full-year oil output forecast and beat estimates for quarterly profit on Tuesday, […]
BP profits beat expectations as oil and gas production rises
FILE PHOTO – Spectators are seen reflected in a British Petroleum sponsors building in Olympic Park at the London 2012 […]
Oil inches up amid Middle East tensions; frail demand outlook caps gains
SINGAPORE (Reuters) – Oil prices edged higher on Tuesday amid lingering concerns about possible supply disruptions in the Middle East, […]
Oil rises more than 2% after Iran seizes British tanker
LONDON (Reuters) – Oil prices rose more than 2% on Monday on concerns that Iran’s seizure of a British tanker […]
Exclusive: IEA revising oil demand growth forecast down on slowing economy
NEW DELHI (Reuters) – The International Energy Agency (IEA) is reducing its 2019 oil demand forecast due to a slowing […]
Oil down for a second day as U.S. Gulf of Mexico output returns
TOKYO (Reuters) – Oil prices fell for a second day on Tuesday as more production facilities returned to operation in […]
Britain says Iran attempted to block its oil tanker
LONDON (Reuters) – Three Iranian vessels tried to block the passage of a BP-operated tanker through the Strait of Hormuz […]
Oil hits six-week high as rigs brace for Gulf of Mexico storm
TOKYO (Reuters) – Oil futures hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were […]
Tehran fumes as Britain seizes Iranian oil tanker over Syria sanctions
LONDON/DUBAI (Reuters) – British Royal Marines seized a giant Iranian oil tanker in Gibraltar on Thursday for trying to take […]
OPEC extends oil cut to prop up prices as economy weakens
VIENNA (Reuters) – OPEC agreed on Monday to extend oil supply cuts until March 2020, three OPEC sources said, as […]