Oil prices plunge as US weighs up release of strategic reserves March 31, 2022 Oil prices fell heavily this morning, following reports the US is considering the release of up to 180m barrels.
Oil prices recover as Russia demands rouble requirements for gas payments March 30, 2022 Oil prices have rebounded nearly four per cent on both major benchmarks, as the economic conflict between the West and the Kremlin escalated.
Oil prices plummet as Russia-Ukraine peace talks show signs of promise March 29, 2022 Oil prices nosedived on Tuesday afternoon across both major benchmarks - extending losses from the previous day.
OEUK warns of overseas fossil fuel dependence as Norway becomes UK’s main gas supplier March 29, 2022 OEUK has revealed the UK could have to rely on external suppliers for 80 per cent of gas supplies and 70 per cent of oil by 2030.
Oil prices tumble as Shanghai shuts down amid surging Covid-19 cases March 28, 2022 Oil prices dipped four per cent on both major benchmarks this morning following Shanghai's launch of a two-stage lockdown to combat Covid-19.
G7 leaders call on OPEC to raise oil supplies March 25, 2022 The leaders of the G7 nations yesterday urged OPEC to boost oil production following Russia's invasion of Ukraine.
BP considers North Sea oilfield sale amid market rallies March 23, 2022 BP is reportedly pursuing buyers for its closed Foinaven oilfield in the North Sea with oil prices rallying
Oil rally stalls as EU remains split on sanctions March 22, 2022 Oil prices stumbled today as the prospect of an EU embargo on Russian oil faded - while the dollar also strengthened in the US.
Shell reconsiders decision to pull out of Cambo oilfield amid rising oil prices March 22, 2022 Shell is reportedly reconsidering its decision to pull out of the controversial Cambo oilfield amid skyrocketing energy prices.
Norwegian drilling champion Longboat Energy buffered by ‘material discovery’ and Russian oil and gas departure March 22, 2022 Emerging North Sea-focused E&P business Longboat Energy reported slow but steady growth this morning, as it remains fully-funded to complete its ongoing committed drilling programme.