US to unveil emergency oil release to fight high prices
The United States is expected to announce a loan of crude oil from its emergency… Read More
4 years ago
oil
OPEC cuts world oil demand forecast for 2021
OPEC lowered its world oil demand forecast for 2021 on Thursday, citing weaker demand in… Read More
4 years ago
Top oil exporter Saudi Arabia targets net zero emissions by 2060
The crown prince of Saudi Arabia said on Saturday that the world's top oil exporter… Read More
4 years ago
Oil hits multi-year high above $86, then pulls back
Oil hit a three-year high above $86 a barrel on Thursday driven by tight supply… Read More
4 years ago
Iran and Venezuela strike oil export deal
Venezuela has agreed to a key contract to swap its heavy oil for Iranian condensate… Read More
4 years ago
Oman warns crude prices could soar to $200 a barrel
Oil producer Oman warned Thursday that crude prices could soar to $200 a barrel as… Read More
4 years ago
Process of removing oil from ship grounded at Seaview continues
KARACHI: The process to remove oil from a merchant ship that ran aground at Seaview… Read More
4 years ago
OPEC+ impasse risks price war as demand surges
LONDON: Stalled talks by top oil producers over releasing more supply could deteriorate into a… Read More
4 years ago
Saudi Aramco beats analysts’ forecasts!
Saudi Aramco beat analysts' forecasts on Tuesday with a 30% rise in first-quarter net profit… Read More
4 years ago
Saudi Arabia doubts oil recovery and keeps taps tight
Saudi Arabia and other top oil producers to broadly stick with output cuts despite rising… Read More
4 years ago
Oil states face $9 tn shortfall as demand falters: analysis
Nigeria, Algeria, Saudi Arabia, Kuwait and Iraq were among 12 nations that could lose between… Read More
5 years ago
Even without Keystone XL, US set for record Canadian oil imports
The Keystone XL pipeline project may be dead, but the United States is still poised… Read More
5 years ago
Petroleum industry records 6pc drop in local production
Petroleum report for the second quarter ending December finds gas production follows in the fall… Read More
5 years ago
Oil touches fresh 11-month highs after US inventory fall
Brent crude was flat at $54.30 a barrel at 1452 GMT after touching $54.90, a… Read More
5 years ago
Saudi Arabia and Russia in tight race to become China’s top oil supplier
Saudi Arabia and Russia are in a tight race to become China’s top oil supplier… Read More
5 years ago
Oil steady after Trump falsely claims victory in tight US election
Oil was largely steady on Wednesday after President Donald Trump falsely claimed victory in a… Read More
5 years ago
Oil losses deepen as anxiety builds over lockdowns, US elections
Brent crude slipped for a third day and was down 60 cents, 1.6%, at $37.05… Read More
5 years ago
Oil giant Shell rebounds into profit in third quarter
Profit after tax for July-September was boosted by steadier oil prices and contrasted with a… Read More
5 years ago
US slaps new set of sanctions on Iranian oil sector, chipping away at diplomacy prospects
Trump administration slapped fresh sanctions on Iran and its oil exports, reducing Joe Biden's room… Read More
5 years ago
Oil slides on COVID-19 resurgence and strong dollar
Oil prices fell on Friday, dragged down by concerns that a spike in COVID-19 cases… Read More
5 years ago