Oil drops as U.S. election uncertainty dominates markets
Oil prices fell on Thursday as Democrat Joe Biden edged closer to the White House in a nail-biting U.S. presidential election, though doubts remain over further huge stimulus to...
China’s Xi warns of rising risks as party charts course for five years
Chinese President Xi Jinping, commenting on the ruling Communist Party’s recommendations for the next five years, said on Tuesday said the country faces a significant increase in risks.
Oil falls 3% on fuel demand concerns as Europe widens COVID-19 lockdowns
Oil prices fell more than 3% on Monday on worries that widening coronavirus lockdowns across Europe will weaken fuel demand, and as traders braced for turbulence during the U.S....
Exxon posts third straight loss as pandemic hits demand, prices
Exxon Mobil Corp XOM.N posted its third straight quarterly loss on Friday and detailed deeper spending cuts to come, as the oil major reels from the COVID-19 pandemic's impact on energy...
Repsol edges back to net profit in third quarter but cuts spending further
Spanish oil and gas group Repsol reported a 7 million euro ($8.27 million) adjusted net profit for the third quarter on Thursday as crude prices recovered, edging back into...
Iberdrola calls for EU funds to expand green hydrogen work in Spain
Spanish energy giant Iberdrola IBE.MC called on Wednesday for European funds to support boosting by a factor of 40 the scope of a clean hydrogen project it said could help revive...
Oil rises towards $41 on U.S. Gulf shutdowns, outlook weak
Oil rose on Tuesday towards $41 a barrel as oil companies shut down some U.S. Gulf of Mexico oil output due to a hurricane, although surging coronavirus infections and...
Oil drops on rising virus cases, increasing Libyan output
Oil prices fell on Monday, extending last week’s losses, as increasing coronavirus cases in the United States and Europe raised worries about energy demand, while Libya’s fast growing production...
Oil holds near $42, heads for weekly loss as virus cases surge
Oil steadied near $42 a barrel on Friday, heading for its first weekly drop in three, as surging coronavirus cases in the United States and Europe raise concerns about...
Analysis: As popularity slides, Alberta’s Kenney has oil pipeline riding on U.S. vote
The premier of Canada’s oil-producing province Alberta is losing popularity as the pandemic deepens its economic woes, highlighting the big pipeline bet that Jason Kenney has riding on the...
