DUBAI: Oman's state budget deficit nearly halved in the first five months of this year as higher Oil prices boosted export revenues sharply...
DUBAI: Oman's state budget deficit nearly halved in the first five months of this year as higher Oil prices boosted export revenues sharply...
CAIRO: Egypt raised natural gas prices for households and businesses on Saturday by between 33.3 and 75 percent, the latest among tough austerity...
TEHRAN: Iran's Supreme Leader Ayatollah Ali Khamenei on Saturday backed President Hassan Rouhani's suggestion that Iran may block Gulf oil exports if its...
TRIPOLI: Libya's National Oil Corporation (NOC) said on Tuesday it had declared force majeure on exports from Zawiya oil terminal as production at...
Abuja: Nigerian lawmakers on Tuesday voted to probe the state oil company for allegedly failing to remit funds to the government. There is...
WASHINGTON: Natural gas production from U.S. shale fields can keep growing for decades, giving Washington a powerful diplomatic tool to counter the geopolitical...
NEW DELHI: U.S. Ambassador to the United Nations Nikki Haley told India's Prime Minister Narendra Modi on Wednesday it was important India cut...
VIENNA: U.S. sanctions on Venezuela are an attack against the stability of the global oil market, Venezuelan Oil Minister Manuel Quevedo said on...
BENGHAZI, Libya: An oil storage tank at the Ras Lanuf port in Libya was ablaze on Sunday amid fighting between rival factions for...
BAGHDAD: Iraq's government voted to expand production from its Nasiriya oilfield to 100,000 barrels per day, Prime Minister Haider al-Abadi said on Tuesday....
LONDON: Oil prices slipped on Monday, pulled down by rising Russian production and as U.S. drilling activity rose to its highest in more...
ANKARA: Iran's oil minister told state television on Thursday that foreign investment was needed to develop its oil industry, but that it could...
TOKYO/SHANGHAI: Oil prices eased slightly on Tuesday, a day after hitting 3-1/2 year highs, as investors braced for President Donald Trump's decision on...
NEW YORK: The dollar rose to fresh 2018 highs on Monday while oil prices surged to their highest since late 2014, driven by...
Big Oil’s investors took a bruising for nearly three years as oil prices bumped along decade lows. Now they want payback. They’re willing...
NICOSIA, Cyprus: Eni will proceed with more exploratory drilling south of Cyprus over the next 20 months, affirming a "strong engagement and commitment"...
LONDON: Oil rose above $75 a barrel on Tuesday to its highest since November 2014 before paring some gains, supported by OPEC-led production...
TUNIS: Libya's National Oil Corporation (NOC) is considering using a chemical marking system to help trace oil products smuggled out of the country,...
