Upstream19h
Norway's largest oilfield shut down due to power problem
The operator of the Johan Sverdrup field, Equinor, is working to re-establish production, but it is not clear when output ...
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Equinor Halts Johan Sverdrup Oilfield
WTI oil rallies as traders focus on the power outage at Johan Sverdrup, which is operated by Equinor. If WTI oil settles back above the $70.00 level, it will head towards the 50 MA at $70.58. A move ...
Business Recorder2h
Oil prices up nearly 3pc
Equinor said it had halted output from its Johan Sverdrup oilfield, western Europe’s largest, due to an onshore power ...
OMV says its gas deliveries from Russia have stopped
Austrian energy company OMV said gas deliveries from Russia had ended at 6 a.m. (0500 GMT) on Saturday, but the regulator ...
WTI remains above $69.00 due to growing supply concerns over the Russia-Ukraine conflict
Crude Oil prices have gained support amid growing supply concerns over a potential escalation in the Russia-Ukraine conflict. On Sunday, Russia launched its largest airstrike on Ukraine in nearly ...
U.S. wheat futures rise on renewed worries over Russia-Ukraine escalation
U.S. wheat futures jumped Monday on renewed concerns over grain export availability from the Black Sea following the Biden administration's authorization for Ukraine to use U.S.-supplied missiles in ...
Oil prices rise nearly 3% on Sverdrup outage, Ukraine war escalation
Oil prices were up about $2 a barrel on Monday after news that crude production at Norway's Johan Sverdrup oilfield had been ...