|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's range||47.735 - 48.020|
|52-week range||35.525 - 56.190|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Helen Reid. Reach her on Messenger to share your thoughts on market ...
BP's Asia Pacific president Christina Verchere is leaving to become head of Austrian energy group OMV's Romanian unit Petrom, ending a 20-year career at the British oil major. She will take up her new ...
British wholesale gas prices reached their highest level in four years on Tuesday as supplies were hit by an explosion at Austria's Baumgarten gas hub, a shutdown at a UK gas pipeline and an outage at ...
Russian gas giant Gazprom plans to lay the 1,200-kilometre (745-mile) Nord Stream 2 pipeline through the Baltic Sea to the German coast near Greifswald, where it would connect to the European gas transport ...
Dana Gas and its partners in the Pearl Petroleum consortium settled a dispute last month at the London Court of International Arbitration over payments for gas liquids production. The KRG agreed to pay $1 billion to the consortium and to reclassify some additional $1.24 billion from debt to outstanding costs that will be recovered by Pearl from future revenues.
Urals and CPC Blend differentials rose on Thursday on strong margins and regional demand, while arbitrage flows of Urals and CPC Blend to Asia provided additional support, traders said. In the Platts window, BP bought from Vitol 100,000 tonnes of Urals crude for Aug. 16-20 loading at minus $0.55 a barrel to dated Brent. There was no activity for Urals in the Mediterranean in the afternoon trading session on Thursday, while Surgut's spot tender and deals outside the window showed higher numbers, traders said.
Light Caspian CPC Blend crude differentials swung to a premium over Brent for the first time since December 2016 on Wednesday thanks to seasonal demand for motor fuels and lower scheduled exports for August. In the Platts window, OMV (IOB: 0MKH.IL - news) bid for 85,000 tonnes of CPC Blend loading on Aug. 11-15 at dated Brent plus $0.05 a barrel, while BP sought a cargo of the same size for loading on Aug. 10-14 at parity, but neither bid found sellers, traders said. Market participants said CPC Blend prices for August-loading volumes have rocketed due to lower planned supplies of the grade next month and high seasonal demand for fuels.