Commodities

LONDON (Reuters) – Business minister Kwasi Kwarteng has written to the North Sea oil and gas industry asking it to set out a clear plan to reinvest its profits into.

By Andrew Hay MORA, N.M. (Reuters) -Firefighters in New Mexico failed on Friday to pin back the flames of the United States’ largest wildfire, which is burning perilously close to.

By Jarrett Renshaw and Matt Spetalnick WASHINGTON (Reuters) -U.S. President Joe Biden had “constructive” talks with Mexican counterpart President Andres Manuel Lopez Obrador on Friday, the White House said, as.

By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell on Friday, reversing in volatile trade, pulled downward by the U.S. heating oil contract that plummeted by more than 20% at one point.

By Florence Tan and Muyu Xu SINGAPORE (Reuters) – Top oil exporter Saudi Arabia may cut prices for crude grades sold to Asia in June after benchmarks slumped from records.

MILAN (Reuters) -Italian energy group Eni said profits in the first quarter soared above expectations on the back of booming oil and gas prices stoked by Russia’s invasion of Ukraine..

By Liz Hampton, Stephanie Kelly and Nia Williams (Reuters) – When Jeremy Davis was laid off from his oilfield job in Texas in 2020, he did not want to leave.

By Arathy Somasekhar and Stephanie Kelly HOUSTON (Reuters) – U.S. crude exports to Europe climbed in March and April as buyers across the Atlantic snapped up the country’s light sweet grades to.