oil

Oil jumps on hopes for easing in China’s COVID controls

Oil jumped on Tuesday, buoyed by hopes that China would relax its COVID-19 controls after… Read More

Ghana plans to buy oil with gold instead of dollars

Ghana's government is working on a new policy to buy oil products with gold rather… Read More

High-power delegation to visit Russia to acquire oil, gas: NA informed

ISLAMABAD: The National Assembly was informed on Thursday that a high-power delegation will soon visit… Read More

Oil slides 2%, posts second weekly decline as supply fears recede

Oil dropped by about 2% on Friday, logging a second weekly decline, due to concern… Read More

Oil heads for second weekly decline

Oil gave up early gains on Friday and was on track for a second weekly… Read More

Oil falls on easing geopolitical tensions, China demand worries

Oil prices extended declines on Thursday as concerns over geopolitical tensions eased, while rising numbers… Read More

Oil prices fell by more than $1 a barrel

Oil prices fell by more than $1 a barrel on Tuesday as rising COVID-19 cases… Read More

Iran ready to deliver oil to India: report

Iran wants to sell oil to India and is ready to deliver it, Iran's ambassador… Read More

Top oil exporter Saudi Arabia may cut prices of most crude grades

Top oil exporter Saudi Arabia may cut the prices of most crude grades to Asia… Read More

Oil falls as China widens COVID curbs

Oil prices fell on Friday after top crude importer China widened its COVID-19 curbs, though… Read More

Oil dips on US crude stock build, supply worries limit losses

Oil prices eased on Wednesday after industry data showed U.S. crude stockpiles rose more than… Read More

Oil gains as US dollar eases though demand fears linger

Oil prices rose on Tuesday as the U.S. dollar eased against major peers but gains… Read More

Oil steady as rate hike talk counters China demand hopes

Oil prices were near flat on Friday, as optimism about a possible rise in energy… Read More

US could sell oil from emergency reserve to bring down prices

The Biden administration plans to sell oil from the Strategic Petroleum Reserve in a bid… Read More

Oil bounces higher as US dollar’s strength eases

SINGAPORE: Oil prices rose in thin trade in early Asian hours on Monday as the… Read More

Saudi Arabia denies any anti-US motive to OPEC+ output cut

Saudi Arabia rejected as baseless Thursday accusations that last week's output cut by oil cartel… Read More

Shell investigates after report of nine-year oil theft

Oil major Shell's Nigerian subsidiary is investigating reports that an illegal oil tap ran for… Read More

Saudi Aramco to maintain full oil supplies to Asia

Saudi Aramco has told at least seven customers in Asia they will receive full contract… Read More

Asian shares rise, oil extends gains after OPEC+ deal

SYDNEY: Asian shares were cautiously higher on Thursday, while the dollar eased ahead of US… Read More

OPEC+ mulling largest cuts since 2020 crisis

The OPEC+ group of oil producers is discussing output cuts of more than 1 million… Read More