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Tariff Uncertainty and Rising OPEC+ Supply Weigh on Oil Prices: Reuters Poll

By Anushree Ashish Mukherjee Brent projected to average $67.84 per barrel in 2025 WTI to average $64.61 per barrel in 2025 July 31 (Reuters) – Analysts are keeping their oil price forecasts mostly unchanged for 2025, as a rise in OPEC+ output and ongoing U.S. tariff uncertainty weigh on the market, a Reuters poll showed …

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Shell Profit Drops by Almost a Third on Lower Prices, But Beats Expectations

By Shadia Nasralla Oil price in second quarter dropped on OPEC+ output hikes Quarterly profit of $4.26 bln beats analyst poll of $3.74 bln Keeps pace of share buybacks at $3.5 bln for quarter Company shares climb around 2% LONDON, July 31 (Reuters) – Shell’s (SHEL.L) second-quarter net profit tumbled by almost a third on …

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Sempra Infrastructure and JERA Announce Sale and Purchase Agreement for U.S. LNG from Port Arthur LNG Phase 2

HOUSTON, July 31, 2025 /PRNewswire/ — Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE), and JERA Co., Inc. (JERA) today announced a 20-year sale and purchase agreement for the supply of 1.5 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) offtake from the Port Arthur LNG Phase 2 development project in Jefferson County, Texas. The LNG will …

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TC Energy Raises Full-Year Core Profit Forecast on Natural Gas and Power Demand

(Reuters) – Canadian pipeline operator TC Energy raised its full-year adjusted core earnings forecast on Thursday, driven by increased natural gas and power demand and strength in its North America operations. In May, TC Energy said it is forecasting an uptick in capital project announcements later this year and into the next, as coal-to-gas conversions …

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