British wholesale gas prices for the rest of this year fell on Friday after Ukraine and Russia signed a deal which will see Moscow resume supplies of gas over the winter.
Ukraine and Russia resolved their natural-gas feud on Thursday in a hard-fought deal that averts the threat of gas shortages in Europe this winter.
A strong Dubai price in a weak oil market has created a dilemma for top oil exporter Saudi Arabia as it works out official monthly selling prices for December.
French oil major Total SA is well placed to weather the recent oil-price volatility, with new production scheduled to come on stream over the next two years set to bolster the company, its new Chief Executive Patrick Pouyanné told a London industry conference Thursday.
Asian buyers line up for Mozambican LNG with new deals
OPEC Head Tells Oil Market to Stop Panicking About Prices
Oil prices climb but stay below earlier 2014 levels
Crude Falls on Federal Reserve Stimulus Halt, U.S. Supply
PetroChina, the nation’s biggest explorer, posted its lowest profit in eight quarters yesterday, while Cnooc Ltd., which only reports quarterly sales, saw a decline of 4.6 percent.
Royal Dutch Shell Posts Rise in Profit