Abuja: Nigeria's oil production is nearly back to normal following a sharp drop earlier this year due to rebels attacking pipelines, the oil...
Abuja: Nigeria's oil production is nearly back to normal following a sharp drop earlier this year due to rebels attacking pipelines, the oil...
VIENNA: Non-OPEC producers made no specific commitment on Saturday to join the Organisation of the Petroleum Exporting Countries in limiting oil output levels...
VIENNA: OPEC officials began talks in Vienna on Friday aimed at working out details of their oil supply-cut agreement, which they concede is...
LONDON: Oil prices edged lower on Friday and were set for the biggest weekly losses in six weeks over doubts about whether OPEC...
LONDON: Oil edged above $50 a barrel on Thursday, drawing support from sources' comments that OPEC's Gulf members are willing to cut their...
LONDON: European shares fell yesterday maintaining a gloomy trend set in Asia and the United States, and with concerns about a global glut...
LONDON: European shares fell on Wednesday maintaining a gloomy trend set in Asia and the United States, and with concerns about a global...
LONDON: Genel Energy, one of the main oil producers in Iraqi Kurdistan, warned on Wednesday its full-year revenue would be at the lower...
LONDON: Oil edged up yesterday ahead of the release of US crude inventory data, which in recent weeks has provided bullish surprises, but...
LONDON: The chance of an agreement to freeze or cut crude output when OPEC members meet next month might appear more distant now...
Vienna: Russian Energy Minister Alexander Novak (pictured) warned yesterday there was an “acute need” to rebalance the oil market and help ease price...
DUBAI: Iran's deputy oil minister said on Monday that Tehran was ready to encourage other OPEC members to join a plan to freeze...
Riyadh: Saudi Oil Minister Khalid al-Falih said Sunday that the current down cycle of crude prices is close to an end as market...
Many nations are willing to join OPEC in cutting production to secure a continued improvement in oil prices, said Saudi Arabia’s Minister of...
KHOBAR, Saudi Arabia: Saudi Arabia’s crude oil exports in August fell to 7.305 million barrels per day from 7.622 million bpd in July...
ABU DHABI: State-owned Abu Dhabi National Oil Co (ADNOC) said on Tuesday it would consolidate the operations of three of its shipping, marine...
Singapore: Oil prices fell on Monday, pulled down by a rising rig count in the United States, a strong dollar and record OPEC-output...
TEHRAN: Iran hopes by early next year to boost its natural gas production to Qatar's level, Iranian oil minister Bijan Zanganeh told an...