Oil Futures Recoup Some of Previous Day's Losses
Crude oil prices rose and oil futures ticked upward. The IEA has trimmed its 2025 oil demand growth outlook and raised its production growth estimate.
----
Global Oil Supply to Rise Faster Than Expected, IEA Says
Supply is set to rise three times faster than demand this year, the International Energy Agency said, though seasonal factors are tightening the market in the short term.
----
BP Flags Hit From Lower Oil, Gas Prices But Expects Production Rebound
The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter.
----
Energy & Utilities Roundup: Market Talk
Find insight on BP, oil prices, Embraer and more in the latest Market Talks covering Energy and Utilities.
----
Venezuela's Disputed Bond Complicates Citgo Sale
Bondholders owed some $1.7 billion by Venezuela seek to derail Citgo's latest bidder.
----
Oil Age Is Far From Over, OPEC Says
The Organization of the Petroleum Exporting Countries doubled down on its view that global oil demand will keep rising through mid-century and that there is no peak in sight.
----
Orsted Secures $3 Billion Financing for Taiwan Wind Farm
The renewable-energy company said it has secured a project-finance package with 25 banks and five export credit agencies for the Greater Changhua 2 wind farm.
----
Tight Diesel Supplies Threaten To Raise Transport, Heating Costs
A shortage of diesel fuel threatens to raise transport and heating costs next winter.
----
U.S. Crude Oil Stockpiles Post Second Straight Weekly Build
U.S. crude oil inventories rose last week by 7.1 million barrels for a second consecutive build, while gasoline stocks fell as demand picked up ahead of the Independence Day holiday.
----
Exxon just warned Wall Street of billion-dollar profit hits. Here's what may cause it.
Exxon flags potential hit in profit just as OPEC and allies announce larger production increases.
----
Why Oil Drillers Are Investing Big in South America
Brazil, Guyana and Argentina are driving a fast-growing share of global oil output.
----
Shell to Take Hit From Weaker Gas Trading
The company said trading in its core integrated gas division is expected to be significantly lower than in the first quarter. The warning follows a period of volatility in global gas prices.
----
Oil Pares Losses as Market Shrugs off Larger OPEC+ Output Hike
Despite concerns over excess supply, oil prices overturned declines from earlier in Monday's session, as downside risks appeared contained.
(END) Dow Jones Newswires
July 11, 2025 11:00 ET (15:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.