Tag Archives: Reuters International News Agency

Oil Down 1% ahead of U.S., China Data

Oil prices slipped more than 1% on Monday as investors adopted caution ahead of a U.S. Federal Reserve policy meeting and China’s manufacturing data due this week, offsetting support from tension in the Middle East. Brent crude futures dropped 1.6%, or $1.11, to $89.37 a barrel by 0350 GMT, while …

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Equinor to Take Part in First Norway Offshore Wind Tender

Norwegian energy firm Equinor will submit a proposal to pre-qualify for Norway’s first offshore wind auction, the company’s CEO Anders Opedal told Reuters on Friday. Equinor has formed a consortium with Germany’s RWE for Soerlige Nordsjoe II, an area in shallower waters close to the maritime border with Denmark, where …

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Middle East Tension Boosts Oil Prices

Oil prices were up more than $3 a barrel in Asian trade on Monday as military clashes between Israel and the Palestinian Islamist group Hamas deepened political uncertainty across the Middle East and raised concerns about supplies. Brent crude rose $3.10, or 3.67%, to $87.68 a barrel by 0400 GMT, …

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