Kuwait City: Kuwait's oil minister said Monday he believes that oil producers will extend their production cuts for another six months at their...
Kuwait City: Kuwait's oil minister said Monday he believes that oil producers will extend their production cuts for another six months at their...
KUALA LUMPUR: Saudi Energy Minister Khalid al-Falih said on Monday that oil producers would “do whatever it takes” to rebalance the market and...
DUBAI/LONDON: OPEC and non-member oil producers are considering extending a global supply cut for nine months or more to avoid a price-sapping output...
Saudi Arabia’s energy minister Khalid al-Falih said in comments posted on social media on Sunday that Brunei has expressed readiness to extend the...
BAGHDAD: Iraq's daily oil exports averaged 3.252 million barrels per day (bpd) in April, down slightly from 3.259 million bpd the previous month,...
DAKAR, Senegal: Activists in Senegal have raised concerns over the tussle for oil and gas exploration rights by two petroleum giants in the...
NEW YORK: After falling nearly 5 percent Thursday to their lowest level in five months, crude oil prices are nearing a capitulation point,...
DUBAI: Iran sees $55 per barrel as a suitable price for crude oil, and believes that OPEC and non-OPEC producers are likely to...
Oil prices fell to five-month lows yesterday on concerns about a persistent glut despite assurances from Saudi Arabia that Russia is ready to...
London: Saudi Aramco has appointed advisory firm Brunswick to join FTI Consulting in running media and investor relations for what is set to...
Oil prices fell for the fourth consecutive day yesterday, touching their lowest since March at just above $50 a barrel after US crude...
London: Oil prices rebounded from near 2017 lows on Wednesday after preliminary data showed a much larger-than-expected fall in US crude stocks, reviving...
DUBAI: Iraqi fuel oil exports have soared since January despite a reduction in the country's crude production in line with OPEC supply cuts,...
London: British oil giant BP rebounded back into net profit in the first quarter, energised by deep cost-cutting and rising crude prices, the...
TEHRAN: Iran’s Oil Minister said on Saturday OPEC and non-OPEC countries had given positive signals for an extension of output cuts, which Tehran...
LONDON: Oil prices fell on Thursday after news that two key oilfields in Libya had restarted, pumping crude for export into an already...
LONDON: Oil prices dipped on Monday, reversing earlier gains as concerns about a pick up in U.S. drilling activity trumped expectations that OPEC...
NEW YORK: Wall Street closed lower Friday as crude oil prices continued to decline. The Dow fell 30 points to end the day...
