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Latest Articles in Energy Infra

Chevron Bets On Middle East Gas Riches And Reconciliation

The plan is anchored by Wirth's $11.8 billion purchase this month of U.S.-based Noble Energy, which holds a stake of about 40% in the aptly-named Leviathan gas field in the Mediterranean Sea, off the coast of Israel.

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Oil Falls More Than 1% As Surging COVID-19 Cases Stoke Demand Fears

Brent crude was down by 53 cents, or 1.3%, at $41.24 by 0052 GMT. U.S. West Texas Intermediate (WTI) dropped 53 cents, or 1.3%, to $39.32, having fallen more than a dollar shortly after the start of trading.

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Oil Steady As Russia Holds Out Prospect Of Output Cut Extension

Brent crude was off 1 cent at $42.45 a barrel by 0040 GMT having risen 1.7% on Thursday, while U.S. oil was 2 cents lower at $40.62, following a 1.5% gain in the previous session.

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Malaysia Says Allegations Of Forced Labour In Palm Plantations Is "Old Issue"

Malaysia exported 14.1 billion ringgit ($3.40 billion) worth of agricultural commodities to the United States from January to August this year

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Oil Slips On Weaker Demand Outlook After US Gasoline Stocks Build

Brent crude futures retreated 21 cents, or 0.5%, to $41.52 a barrel after sliding 3.3% on Wednesday.

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Oil Prices Slip As US Inventory Build Stokes Fears Of Supply Glut

Brent crude futures for December delivery were at $42.66 a barrel, down 50 cents, or 1.16%, as of 1027 GMT, while December U.S. West Texas Intermediate (WTI) crude futures slipped 56 cents, or 1.34%, to $41.14.

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Oil Falls After US Inventory Build Feeds Oversupply Fears

Brent crude futures for December delivery were at $42.94 a barrel, down 22 cents, or 0.5%, as of 0035 GMT, while December U.S. West Texas Intermediate (WTI) crude futures slipped 23 cents, or 0.7%, to $41.47 a barrel.

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Oil Steadies But Coronavirus And Supply Pressures Remain

Brent crude futures were trading up 5 cents, or 0.1%, at $42.67 a barrel by 1048 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 13 cents, or 0.3%, to $40.96.

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Oil Prices Steady But Rising Infections And Oil Supply Weigh

Brent crude futures were trading down 4 cents, or 0.1%, at $42.58 a barrel by 0635 GMT, recovering ground after falling to as low as $42.19 earlier in the session.

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OPEC+ To Discuss Weakening Oil Demand Outlook

OPEC+ experts last week discussed risks of a persisting supply overhang in 2021 in the event of a prolonged and severe second wave of the COVID-19 pandemic.

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Oil Prices Little Changed Ahead Of China GDP Data

Brent crude for December inched up 4 cents to $42.97 a barrel by 0018 GMT and U.S. West Texas Intermediate crude was at $40.90 a barrel, up 2 cents, a day before the November contract expires.

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Oil Dips On COVID-19 Resurgence, Fears Of More Supply

Brent crude futures fell 23 cents to settle at $42.93 a barrel, and U.S. West Texas Intermediate (WTI) crude futures dropped 8 cents to settle at $40.88 a barrel.

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India's September Palm Oil Imports Slump 27% On Tepid Demand - Trade Body

India's soyoil imports last month stood at 316,232 tonnes, while sunflower oil imports plunged 47% to 66,783 tonnes from a year-ago period

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Crude Oil Futures Decline On Low Demand

On the Multi Commodity Exchange, crude oil for October delivery eased by Rs 23, or 0.77 per cent, to Rs 2,981 per barrel with a business volume of 2,888 lots.

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Fitch Expects Marketing, Refining Volume Of Oil Firms To Fall 15% In FY21

India's fuel demand recovered sharply in June from April before slowing due to the reimposition of restrictions in certain cities because of coronavirus and flooding in some regions.

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