oil

Oil extends gains ahead of G7 discussions on Russian exports

Oil prices extended gains on Monday as investors stood on guard for any moves against… Read More

Oil prices fall more than 2pc as investors weigh recession risk

Oil prices continued to pull back on Thursday, dropping more than 2% as investors recalibrated… Read More

Why is there a worldwide oil-refining crunch?

Drivers around the world are feeling pain at the pump with fuel prices soaring, and… Read More

‘Perfect storm’ for airlines

Global airlines are grappling with a double whammy from the rare combination of a strong… Read More

Oil wobbles as global economic worries offset tightening supply

Oil prices edged down on Monday, reversing earlier gains, as concerns about slowing global economic… Read More

Russia becomes India’s second-biggest oil exporter

NEW DELHI: Russia has become India's second-biggest oil supplier in May, pushing Suadi Arabia to… Read More

Oil rises on robust China export data, but new lockdowns cap gains

Oil prices held firm near 13-week highs on Thursday after China reported stronger-than-expected exports in… Read More

Oil rises despite OPEC+ output hike plan; supply still tight

Oil rose higher on Friday, supported by expectations that OPEC's decision to increase production targets… Read More

Oil prices fall as investors await OPEC+ policy

Oil prices fell on Thursday as investors cashed in on a recent rally ahead of… Read More

Oil turns negative as OPEC eyes Russia suspension from output deal

Oil prices turned negative on Tuesday after a report that some producers were exploring the… Read More

Oil prices extend gains after EU bans most Russia oil imports

Oil prices extended gains on Tuesday after the EU agreed to slash oil imports from… Read More

Oil climbs ahead of EU meeting on Russia sanctions

Oil prices rose to two-month highs on Monday as traders waited to see if the… Read More

‘The world is facing a major oil supply crunch’

The world is facing a major oil supply crunch as most companies are afraid to… Read More

Oil firms on tight supply as US driving season looms

Oil prices gained on Monday with U.S. fuel demand, tight supply and a slightly weaker… Read More

China quietly increases purchases of low-priced Russian oil

SINGAPORE: China is quietly ramping up purchases of oil from Russia at bargain prices, according… Read More

Explainer: Who Controls Petroleum Prices?

Across the globe, oil remains a key component of the energy mix. In countries where… Read More

Saudi Arabia expects 13 million bpd oil capacity by 2027: minister

Saudi Arabia expects to ramp up its daily oil production capacity by more than one… Read More

Oil gains 1.5pc, posts another weekly rise on supply concerns

Oil prices rose nearly 1.5% on Friday, posting a second straight weekly increase as impending… Read More

Oil falls on China growth concerns even as EU weighs Russia import ban

MELBOURNE: Oil prices fell on Monday in holiday-sapped trade in Asia as concerns about slowing… Read More

Oil falls as China fuel demand concerns linger

Oil prices dropped on Thursday as investor remained cautious about dwindling fuel demand in China,… Read More