By Emily Chow KUALA LUMPUR (Reuters) -Oil prices rose more than $2 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+ producers to cut output and support prices at a meeting later in the day. Brent crude futures had risen $2.42, or 2.6%, to $95.44 a barrel by...
By Florence Tan SINGAPORE (Reuters) -Oil rose more than $1 a barrel on Thursday, extending gains from the previous session, buoyed by improved risk appetite among investors as lower crude inventories and a rebound in gasoline demand in the United States supported prices. Brent crude futures for September rose $1.13, or 1.1%,...
(Reuters) - A Ukrainian counter-offensive has virtually cut off the Russian-occupied southern city of Kherson and left thousands of Russian troops stationed near the Dnipro River "highly vulnerable", British defence and intelligence officials said on Thursday. Ukraine has made clear it intends to recapture Kherson, which fell to Russia in...
(Reuters) -Russian President Vladimir Putin on Wednesday said Moscow did not see any desire from Ukraine to fulfil the terms of what he described as a preliminary peace deal agreed to in March. Putin, speaking to reporters in televised comments after a visit to Iran, said Saudi Arabia and the...
BRASILIA (Reuters) -Brazil's Economy Minister Paulo Guedes said on Tuesday that state-owned oil firm Petrobras' frequent updating of fuel prices may not be the "best tool" for the economy and consumers. Speaking at a Senate committee hearing, he stressed that oil prices are currently at the same level as in...
By Arathy Somasekhar HOUSTON (Reuters) -Global benchmark Brent crude tumbled $7 on Tuesday to settle below $100 a barrel for the first time in three months on a strengthening dollar, COVID-19 curbs in top crude importer China, and rising fears of a global economic slowdown. The sharp drop followed a month of volatile...

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Oil prices currently relatively stable

On Tuesday morning of 18 October 2022, oil trading - according to economic correspondents - has already relatively stabilized, and after the...

‘Powerful explosions’ behind Nord Stream leaks, Danish police say

By Stine Jacobsen COPENHAGEN (Reuters) - A preliminary investigation of damages to the two Nord Stream gas pipelines in the Danish part of the Baltic...

EU countries at odds over how to tackle energy crisis

By Gabriela Baczynska and Charlotte Van Campenhout BRUSSELS (Reuters) - Croatia and Lithuania want a wholesale gas cap, Germany prefers other solutions, while Finland and...

Russian court fines Amazon 4 million roubles for failure to delete illegal content

MOSCOW (Reuters) -A Moscow court on Tuesday said it had fined Amazon.com Inc (NASDAQ:AMZN) 4 million roubles ($65,000) for failing to remove banned content...

European shares at near two-week high amid UK fiscal plan optimism

By Amruta Khandekar and Devik Jain (Reuters) -Europe's STOXX 600 rose for the fourth straight session on Tuesday, building on the previous session's rally that was driven...