NEW YORK/LONDON: Libya will resume oil shipments from the port of Hariga after an agreement was reached at talks in Vienna between rival...
NEW YORK/LONDON: Libya will resume oil shipments from the port of Hariga after an agreement was reached at talks in Vienna between rival...
Algeria state energy giant Sonatrach. AFP / Farouk Batiche LONDON: Algeria’s state-run oil company Sonatrach on Monday issued tenders to buy 85,000 tonnes...
By Dmitry Zhdannikov LONDON, May 16 (Reuters) - Oil prices jumped over 2 percent on Monday to their highest since November 2015 on...
Tokyo: Kuwait's Deputy Foreign Minister Khaled Suleiman Al Jarallah has stressed the importance of reaching a consensus among oil-producing countries on an output...
DUBAI: Kuwait's deputy foreign minister Khaled Jarallah said oil exporting countries must freeze production and the market could not support a production increase...
Forecast drop in 2016 non-OPEC supply is uncertain OPEC output climbs in April; implied surplus rises Leaves 2016 oil demand growth view unchanged...
A view of the OPEC Headquarter in Vienna. AFP Vienna: OPEC said Friday a global crude glut that has squeezed the market and...
Manama: Member states of the Gulf Cooperation Council (GCC) are able to cope with the low oil price via creating economic policies that...
London: The oil market climbed Tuesday, rebounding from the previous day's heavy losses that were triggered by receding concerns over wildfires in Canada's...
Lagos: Nigeria's oil output has slumped to a 22-year low, figures showed on Tuesday, because of pipeline sabotage and increasing unrest that has...
Dhahran: State oil giant Saudi Aramco, which could soon become the world's largest listed company, will keep expanding despite low crude prices, its...
Dhahran: State oil giant Saudi Aramco, which could soon become the world's largest listed company, will keep expanding despite low crude prices, its...
Rosneft CEO Igor Sechin attends a briefing dedicated to the signing of a contract between Rosneft and Essar Oil Ltd. companies in Ufa,...
Alberta wildfire near Canada's massive oil sands deposit has forced producers to shut production. REUTERS/Chris Wattie Singapore: Crude prices extended gains in Asia...
BRUSSELS: The United States is deeply concerned about the Nord Stream-2 gas pipeline project as a threat to national security, a senior U.S....
A view of the OPEC Headquarters in Vienna. AFP Saudis no longer targetting oil prices - sources. Iran insists “production management” should be...
BENGHAZI, Libya: A tanker that an oil company set up by Libya's eastern government prevented from loading has left the eastern port of...
Khartoum: Saudi Oil Minister Ali al-Naimi visited Sudan on Wednesday promising increased investment in a major fillip for the impoverished African nation after...