London: Oil fell for a second day yesterday to hit one-month lows after an unexpected surge in US inventories and the return of...
London: Oil fell for a second day yesterday to hit one-month lows after an unexpected surge in US inventories and the return of...
Boca de Camarioca, Cuba: Near the Cuban seaside village of Boca de Camarioca, a giant drill runs into the ground and out to...
Chicago/New York: The good news from Opec wasn’t good enough. Hedge funds trimmed bets on rising crude prices to the lowest level since...
NEW YORK: Refiners from the Midwest United States are fighting for access to a vital Pennsylvania pipeline – a move that could cripple...
One of the stodgier corners of the energy industry is getting more relaxed. Liquefied natural gas sellers, which once did business almost entirely...
MOSCOW: A meeting between the two men who run Russia and Saudi Arabia’s oil empires spoke volumes about the new relationship between the...
LONDON: Oil prices pared early gains on Thursday despite U.S. industry data showing a big drop in crude stocks last week, with investors...
London: Oil prices fell yesterday, pressured by concerns that production cuts by the world’s big exporters may not be enough to drain a...
Dubai: Oman Oil Co, the Omani state-run petroleum firm, has mandated a group of regional and international banks to arrange a $1.2bn revolving...
London: Oil prices slipped yesterday as further increases in US drilling activity undercut an OPEC-led push to tighten supply. Trading was subdued due...
London: Opec ministers failed in their attempt to convince the market that they have a plan when they agreed to extend output cuts...
The Toronto Stock Exchange’s efforts to win a slice of the massive Saudi Aramco public listing plays up the country’s deep experience in...
First, they ignored each other. Then, they went into a bruising fight. Finally, they are talking, albeit with opposing agendas. The history of...
Hong Kong: Energy firms took a hit on Friday after crude prices plunged almost five percent the previous day as traders were left...
Hong Kong: Asian markets rose Thursday as traders welcomed indications from the Federal Reserve that interest rates could rise next month, while oil...
VIENNA: OPEC and non-member oil producers are gearing up to extend output cuts on Thursday, possibly by as long as 12 months, to...
Singapore: Oil prices rose on Wednesday, supported by confidence that an OPEC-led output cut aimed at tightening supply would be extended to all...
President Donald Trump's proposal to sell half of the U.S. Strategic Petroleum Reserves (SPR) will likely have little impact on OPEC's efforts to...
