DUBAI: Iraqi fuel oil exports have soared since January despite a reduction in the country's crude production in line with OPEC supply cuts,...
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...
ABU DHABI: Kuwait's oil minister Essam al-Marzouq said on Thursday he expected a global pact to cut oil supplies to be extended beyond...
London: Oil prices hit their lowest in 11 days yesterday on news that US shale oil output in May is expected to post...
DUBAI: Saudi Arabia’s crude oil exports in February fell to their lowest level since mid-2015, official data showed on Tuesday, as the world’s...
London: The global oil market is moving closer to balance even as increases in US oil production push prices down in the short-term,...
London: Oil prices edged higher yesterday after the International Energy Agency (IEA) said the market was nearing balance, while US data showing higher...
LONDON: The global oil market is close to balance after nearly three years of excess supply, as production cuts by the world's largest...
London: Opec cut oil output in March by more than pledged under a supply reduction deal and said oil inventories had fallen in...
LONDON: Royal Dutch Shell has said it knew that some of the payments it made to Nigeria for the rights to an oilfield...
Beijing: China and Myanmar have reached an agreement on an oil pipeline between the neighbouring countries after almost a decade of talks, with...
DUBAI: Iran expects crude oil output from its oilfields located west of the Karun river to reach a total of 500,000 barrels per...
London: BP chief executive Bob Dudley could see his overall pay for 2016 cut by 40 percent, following a rebellion by shareholders last...
London: Royal Dutch Shell yesterday announced the sale of its liquefied petroleum gas business in Hong Kong and Macau to Irish group DCC...
