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Oil & Gas
India Hikes Windfall Tax on Petroleum Crude to 9,800 Rupees/Ton
The Indian government has increased the windfall tax on petroleum crude to 9,800 Indian rupees ($117.70) per ton from 9,050 rupees per ton starting Wednesday, a
Oil & Gas
Oil Prices Ease as Investors Assess Impact of Israel-Hamas War
Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/File Photo Acquire
Oil & Gas
Russia's October Oil and Gas Revenue Set for Big Jump, Reuters Calculations Show
An oil pipe is seen in front of a drilling rig at a Lukoil-owned oil field outside the West Siberian city of Kogalym, Russia, January 25, 2016. REUTERS/Sergei K
Oil & Gas
Global oil prices rise following Hamas-Israel conflict
A recent analysis by Nairametrics on global crude prices reveals an upswing in oil prices following the Hamas attack on Israel.This is a tragic event that resul
Oil & Gas
Rystad Sees Oil at $60 a Barrel by 2027 as Demand Peaks
An oil worker removes a thread cap from a piece of drill pipe on a drilling lease owned by Elevation Resources near Midland, Texas, U.S., February 12, 2019. Pic
Oil & Gas
U.S. Natural Gas Prices Slip From Seven-Week High
Benchmark U.S. natural gas prices fell by 2% early on Friday.Thursday’s weekly gas storage report from the EIA was slightly on the bearish side, as net in
Oil & Gas
Iraq's Oil Revenues in Europe Reach $11 Billion in 2023
Shafaq News / Iraq has seen a substantial boost in its oil revenues to Europe since the beginning of the current year 2023, with figures reaching approximately
Oil & Gas
Column: US Oil and Gas Output Nears Peak
A general view of the Phillips 66 refinery, Rodeo, California, U.S. March 2, 2023. REUTERS/Nathan Frandino/File Photo Acquire Licensing RightsU.S. crude oil pro
Oil & Gas
Oil Prices Edge Higher as China Announces Further Stimulus Measures
Oil prices edged higher on Monday as China's latest stimulus measures helped to alleviate fuel demand concerns.Brent, the benchmark for two thirds of the wo
Oil & Gas
Woodside Energy Set to Log Strong First-Half Profit on Resilient LNG Prices
Australia's Woodside Energy Group's exhibition booth is seen at the World Gas Conference 2022 in Daegu, South Korea May 23, 2022. REUTERS/Florence Tan/F
Oil & Gas
Suncor Energy's Quarterly Profit Halves on Lower Oil and Gas Prices
Canada's Suncor Energy (SU.TO) on Monday joined its global peers in reporting a sharp drop in quarterly profit, as oil and gas prices retreated from last ye
Oil & Gas
Azerbaijani Oil Price Exceeds $90
Baku, August 5, AZERTACThe Azerbaijani oil price has increased in the world markets.The price of a barrel of Azeri Light crude oil rose $1.21 to trade at $90.11
Oil & Gas
Brazil's Petrobras Beats Profit Forecast, $3 Bln Payout Announced
Brazil's state-run oil company Petrobras logo is pictured at its building in Rio de Janeiro, Brazil July 17, 2023. REUTERS/Ricardo MoraesSAO PAULO, Aug 3 (R
Oil & Gas
Oil Major BP Posts 70% Drop In Second-Quarter Profit, Raises Dividend by 10%
Oil major BP on Tuesday reported a nearly 70% year-on-year drop in second-quarter profits on the back of weaker fossil fuel prices, echoing a trend observed acr
Oil & Gas
Kuwait Petroleum Corporation Posts Net Profit of $8.5 Billion in Last Fiscal Year
Kuwait Petroleum Corporation and its subsidiaries posted a net profit of more than 2.6 billion Kuwaiti dinars ($8.48 billion) in the last fiscal year, the highe
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Most views from Oil Price
1
IEA to Expedite 2025 Oil Demand Forecast, OPEC Also Moves Early
2
Oil Prices Fall on Ukraine Summit Plan, Prospect of Iran Nuclear Deal
3
New Iran Nuclear Deal May Completely Derail Oil Price Rally
4
Iran Plans to Raise Oil Output to 4 Million Barrels per Day, Tasnim Reports
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US EIA Lifts Oil Demand Forecast, Says Prices Will Recover to Above $80/Bbl
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Oil Prices Rise as US Crude and Fuel Inventories Seen Shrinking