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Wednesday 27 August 2025

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Context on Energy
News Energy giants opening natural gas spigots, fueling profit rise

The world’s largest oil companies are pumping more natural gas than ever before, helping to spur a rise in profits while sating rising global demand for fuels that can mitigate global greenhouse gas emissions.

  • July 24, 2018
News Brent oil falls four percent to three-month low as supply outage concerns ease

Oil prices slumped about $3 on Monday, with Brent reaching a three-month low, as Libyan ports reopened and traders eyed potential supply increases by Russia and other producers.

  • July 16, 2018
News Oil rises but declines for the week as supply concerns ease

Oil prices rose about 1 percent on Friday as strike actions in Norway and Iraq hit supplies, but futures were set for a second straight week of decline after Libyan ports reopened and on the view that Iran might still export some crude despite U.S. sanctions.

  • July 13, 2018
News Brent oil rises on concerns about spare capacity

Brent crude strengthened late on Thursday, recouping some of its losses from the previous session, as market focus returned to concerns about spare capacity following a warning from the International Energy Agency (IEA).

  • July 13, 2018
News Higher oil prices to spur Farnborough jet orders: IBA

Global planemakers could reap 900 orders and commitments at next week’s Farnborough Airshow, down only slightly from last year’s comparable event, as strong oil prices prompt airlines to add to their bulging order books, aviation consultancy IBA Group said.

  • July 9, 2018
News Aramco more resilient to oil slump than listed rivals: accounts

Saudi Aramco is more resilient to oil price slumps than its biggest listed rivals, its 2016 accounts indicate, giving a rare insight into the state energy giant’s finances ahead of a proposed flotation.

  • July 9, 2018
News Trump to OPEC: 'Reduce pricing now!'

U.S. President Donald Trump again accused the Organization of the Petroleum Exporting Countries of driving gasoline prices higher on Wednesday and urged the oil producer group to do more.

  • July 5, 2018
News Iran to Trump: oil will cost $100 per barrel, and it is your fault

Oil will soon cost $100 per barrel due to supply disruptions caused by U.S. President Donald Trump, Iran’s OPEC Governor told Reuters on Thursday, as he warned expectations that Saudi Arabia and Russia would help bring down prices were in vain.

  • July 5, 2018
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