Oil investors have placed the biggest bet in history that prices will rise, as the world's largest exporters cut output to reduce a...
Oil investors have placed the biggest bet in history that prices will rise, as the world's largest exporters cut output to reduce a...
Hassi Messaoud, Algeria: Algeria is reviewing its long-term gas contracts, most of which end in 2018-2019, to adapt to the market and will...
Moscow: Rosneft PJSC will expand its oil-trading operations and seek more prepaid supply deals as the Russian energy giant moves to feed its...
London: Oil prices rose yesterday after US data showed a surprise decline in inventories, suggesting that a global glut may be ending after...
Oil giant Saudi Aramco has asked JPMorgan Chase & Co and Morgan Stanley to assist with its mammoth initial public share offer and...
London: Oil prices rose more than $1 a barrel yesterday after Opec said it was sticking to its agreement to cut production and...
BEIRUT: Iran's oil minister said that the first of its new contracts would be finalized with Total within two months, according to the...
Kuwait: The price of Kuwaiti oil went up by 31 cents to USD 52.51 per barrel Monday after being at USD 52.20 pb...
London: Oil prices rose yesterday but gains were limited as investors gauged whether an increase in US drilling rigs and record stockpiles might...
DUBAI: Iran expects its oil production to reach 4 million barrels per day by mid-April, and plans to drill 500 new wells over...
DUBAI: Iran expects its oil production to reach 4 million barrels per day by mid-April, a month later than planned, the head of...
Kuwait: The price of Kuwaiti oil went up by three cents to USD 52.20 per barrel Friday after being at USD 52.17 pb...
Singapore: The biggest oil producers in the Middle East are helping crude from Western Siberia boldly go where it’s rarely gone before. Top...
Freight movements across the US are showing signs of sustained growth, which should help push domestic diesel consumption higher this year. Freight was...
LONDON: Oil prices rose on Thursday after OPEC sources said the group could extend its oil supply-reduction pact with non-members and might even...
Oil rose yesterday, supported by an Opec-led effort to cut output while rising production elsewhere kept prices within the narrow ranges that have...
Beijing: The bankruptcy of South Korea’s Hanjin Shipping Co. and a consolidation in container shipping industry will pave the way for a better...
Venezuela's state-run oil company, PDVSA, has fallen months behind on shipments of crude and fuel under oil-for-loan deals with China and Russia, according...
