oil

When will the oil slump end?

NEW YORK: As oil traders have learned time and again, picking a bottom in today's… Read More

Global stock selloff on seven-year oil lows

WASHINGTON: The relentless fall of global oil prices spurred another sharp drop in global share… Read More

Iran to sign $3 billion gas contract with consortium of Indian companies

BEIRUT: Iran has agreed a $3 billion contract with a consortium of Indian companies to… Read More

Oil stays below $40 after OPEC decides against output cut

SINGAPORE: Oil stayed below $40 a barrel in Asia Monday after the OPEC cartel decided… Read More

Oil prices up as divided OPEC meets

SINGAPORE: Oil prices rose in Asia Friday as traders hedged their bets ahead of a… Read More

Oil prices down in Asia ahead of OPEC policy meeting

SINGAPORE: Oil prices fell in Asia Wednesday as the Organization of the Petroleum Exporting Countries… Read More

Oil prices trade below $42 in Asia

Oil prices traded below $42 in Asia Monday ahead of an OPEC meeting and the… Read More

Oil prices trade near $42 in Asia

SINGAPORE: Oil prices traded near $42 in Asia Friday as US markets took a break… Read More

Oil surges after Turkey shoots down Russian jet

NEW YORK: Global oil prices surged higher Tuesday after Turkey shot down a Russian warplane… Read More

UAE channels oil money into alternative energy

Abu Dhabi: Rising from the desert outside Abu Dhabi, Masdar city is laying the groundwork… Read More

Oil prices slump due to crude oversupply

LONDON: Oil prices dipped on Friday in a market burdened by a persistent oversupply of… Read More

Saudi says oil price slump should not stop investment

BAHRAIN: Saudi Oil Minister Ali al-Naimi called for sustained investment in new output capacity Thursday… Read More

Oil prices up on geopolitical tensions sparked by Paris attacks

SINGAPORE: Oil prices climbed in Asia Monday on geopolitical tensions sparked by the deadly terror… Read More

Crude set for weekly loss as supply glut and dollar drag

LONDON: Crude oil prices were on track to post weekly losses on Friday as an… Read More

Ample crude supples until mid-2016: IEA chief

SINGAPORE: The head of the International Energy Agency said Monday that ample supplies of oil… Read More

Gulf should adjust to new oil price ‘reality’: IMF

DUBAI: Gulf economies need to adjust to the "new reality" of oil prices expected to… Read More

Oil prices fall in Asia as China slowdown weighs

SINGAPORE: Oil prices fell in Asia Monday after data showed China's economy posted its slowest… Read More

Oil prices extend gains in Asian trade

SINGAPORE: Oil prices climbed in Asia Monday boosted by a weaker dollar and expectations a… Read More

Oil seesaws; struggles to extend rally after U.S. crude build

NEW YORK: Oil prices seesawed in volatile trading on Wednesday, barely hanging onto a third… Read More

Oil hits month-high; eyes on less output, Saudi-Russia talks

NEW YORK: Crude prices hit one-month highs on Tuesday after a new U.S. forecast showed… Read More