London: Oil traded near $52 a barrel before government data forecast to show US crude stockpiles fell for a fifth week, trimming an...
London: Oil traded near $52 a barrel before government data forecast to show US crude stockpiles fell for a fifth week, trimming an...
London: BP Plc agreed to buy stakes in West African licences held by Kosmos Energy Ltd for $916m as the British producer builds...
New York: Investors are the most optimistic on oil since the slump began two and a half years ago. Money managers boosted bets...
Oil prices rose yesterday as a weaker dollar and the delay of new Libyan oil exports boosted benchmarks, amid expectations of tighter crude...
DUBAI: Stock markets in the Gulf made small gains on Sunday morning after crude oil prices climbed back towards 17-month highs at the...
London: Oil rose yesterday, edging closer to new 17-month highs as producers showed signs of adhering to a global deal to reduce output....
STOCKHOLM, Sweden: Representatives from the Swedish municipality of Gotland, an island located in the Baltic Sea, backed away from plans to lease one...
BAKU: Ten workers have been missing after an Azeri oil platform partially collapsed early Thursday during a storm in the Caspian Sea, Azerbaijan's...
Singapore: Oil prices dipped on Tuesday as investors closed financial positions that profited from strong gains the day before. International Brent crude futures...
Tehran: Iran signed preliminary agreements with Russia's Gazprom on Tuesday to develop two major oil fields in the latest of a flurry of...
Paris: A pact by leading producers to cut output could quickly begin sopping up the glut on the oil market that has weighed...
Singapore: Oil soared Monday following a landmark deal by Russia and other non-OPEC producers to join the cartel in capping output, in a...
VIENNA: OPEC Secretary-General Mohammed Barkindo said he saw a total of 12 non-OPEC countries signing a declaration with OPEC to help curtail oil...
Singapore: Tanker owners are bracing for a volatile year ahead after enjoying some of the highest charter rates since 2008, with OPEC plans...
Singapore: Saudi Arabia has told its US and European customers it will reduce oil deliveries from January as Russia signalled that a commitment...
New York: US natural gas bulls see futures that rallied to a two-year high climbing even further as an arctic blast helps wipe...
London: Oil prices edged higher for a second consecutive session on yesterday on hopes that non-Opec producers meeting in Vienna would agree to...
London: Oil rebounded from the week's lows to stabilise above $50 a barrel yesterday as market watchers focused on a weekend meeting of...
