Singapore: Oil turned higher in Asia Wednesday, but the US benchmark remained below $44 a barrel as a pick-up in the dollar and...
Singapore: Oil turned higher in Asia Wednesday, but the US benchmark remained below $44 a barrel as a pick-up in the dollar and...
London: World oil prices sank by about one dollar on Tuesday, as supply glut woes grew on the back of rising output from...
London: Oil prices lost more ground Tuesday as nagging worries about excess supplies kept them below 2016 highs after data showed Iran and...
By Satish Kanady DOHA: Global oil output is estimated to contract year-on-year in May for the first time since the first quarter of...
Jose Icaza. Photo courtesy: El Comercio QUITO: Ecuadorean President Rafael Correa has named chemical engineer Jose Icaza as the Andean nation’s new oil...
BY HENNING GLOYSTEIN AND OSAMU TSUKIMORI SINGAPORE: Oil prices fell on Monday as rising production in the Middle East outweighed a decline in...
Omani Oil Minister Mohammed bin Hamad Al Rumhy in Riyadh Oct 9, 2012. Reuters MUSCAT: Oman plans to build a major oil storage...
A flag with the logo of Rosneft Russias largest oil company flutters over the Novokuibyshevsk refinery near the city of Samara, Russia, October...
LONDON: Brent crude was heading for its biggest monthly rise in seven years yesterday, touching 2016 highs as a weak dollar and falling...
The logo of ExxonMobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York. New...
Moscow: Russian gas giant Gazprom said Thursday its net profit grew almost five-fold in 2015 despite the falling oil price, partly due to...
Jose Manuel Garcia-Margallo Tripoli: Spanish oil giant Repsol is ready to resume activity in Libya once the security situation allows it, Spain's foreign...
Singapore: Oil prices dipped in Asia Thursday as traders took profits after costs hit a new high for the year in response to...
LONDON: Morocco’s only oil refinery Samir is planning to restart its 200,000 barrel per day complex for three months while it appeals a...
File photo of Saudi Arabia's Deputy Crown Prince Mohammed bin Salman. Riyadh: Saudi Deputy Crown Prince Mohammed bin Salman bin Abdulaziz, Second Deputy...
ABU DHABI: The United Arab Emirates’ Dana Gas has not been able to reach an acceptable deal with Iran on natural gas imports...
Singapore: Oil prices rose in Asia Tuesday, rebounding from sharp losses sparked by a report that Saudi Arabia was close to completing an...
The building housing Libyan state oil energy firm the National Oil Corporation (NOC) is seen in Tripoli, February 22, 2016. Reuters / Ismail...