Oil Futures Turn Higher
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By Katya Golubkova TOKYO, Feb 5 (Reuters) - Oil prices fell on Thursday after the U.S. and Iran agreed to hold talks in Oman on Friday, easing concerns of a potential military conflict between them that could disrupt supply from the key Middle East-producing region.
US stocks got hit as oil investors skimmed profits in the tech sector and concerns rose over higher oil prices.
President Trump says India will stop buying sanctioned Russian oil as part of trade deal, but data shows shadow fleet vessels unloading the crude at its ports.
By Shadia Nasralla LONDON, Feb 4 (Reuters) - Oil prices steadied on Wednesday after rising earlier in the session after the U.S. shot down an Iranian drone and armed Iranian boats approached a U.S.-flagged vessel,
The new reality has forced the Kremlin to raise taxes and increase debt, and hovers over peace talks with Ukraine.
Venezuela’s acting President Delcy Rodríguez has signed a law that will open the nation’s oil sector to privatization.
Feb 2 (Reuters) - Venezuelan state oil company PDVSA's workers and retirees are hoping oil-industry reform sparked by U.S. intervention last month will increase the purchasing power of their eroding wages and pension payments,
The American claim on Venezuela’s oil means even more of it could come to a huge Chevron refinery in Mississippi. Neighbors worried about pollution want the company to move them out.
Equinor sharply reduced its planned 2026 share buybacks after narrowly missing fourth-quarter earnings estimates, as lower oil and European gas prices outweighed higher production and record annual output.
By Amanda Stephenson CALGARY, Feb 4 (Reuters) - Professional engineer Luis Cabana couldn't take a walk in downtown Calgary in the mid-2000s without someone he knew calling out to him in Spanish. Office towers in the corporate heart of Canada's oil and gas sector were at the time heavily populated with Venezuelan expats who had fled persecution and economic stagnation in their home country.