Singapore: Oil prices fell in early trading on Monday after China and South Korea posted weak economic data. Dollar has risen after the...
Singapore: Oil prices fell in early trading on Monday after China and South Korea posted weak economic data. Dollar has risen after the...
DUBAI: Saudi Arabia is ready to manage the oil market under the condition that "everybody must cooperate", from OPEC members to other oil...
Singapore: Oil prices halted their rise in Asia Monday, hurt by the strengthening US currency which makes the dollar-price commodity more expensive. The...
A driver waits to fill his car with fuel at a petrol station in Riyadh, Saudi Arabia, in this December 22, 2015 file...
DUBAI: Iran aims to boost its crude oil production capacity by 160,000 barrels per day following the completion of expansion projects at its...
DUBAI: Saudi Arabia wants to cooperate with other oil producers to support the oil market, Saudi-owned al-Arabiya television reported on Sunday, quoting an...
in Nigeria many are feeling the pain as Africa's biggest oil producer struggles to adapt to the record lows of global oil prices...
Iraq oil minister Adel Abdul Mahdi BAGHDAD: Iraq's oil minister said on Saturday his country was ready to accept a decision by OPEC...
Asian imports at just below 1 mln bpd in Dec Average 2015 daily imports about 1 mln bpd But exports surged in Jan-Feb,...
File photo of Russian Energy Minister Alexander Novak. By Darya Korsunskaya and Rania El Gamal ST PETERSBURG: Russia said on Thursday that OPEC...
By Simon Falush LONDON: Oil steadied above $33 per barrel on Thursday, well off a 12-year low set earlier in the month, supported...
Singapore: Oil prices tumbled in Asia Thursday after US commercial crude stockpiles climbed to a record level, further stoking worries about a global...
Oil futures surged 5 percent after the comments by Nikolai Tokarev (pictured) head of oil pipeline monopoly Transneft, which gave the first hint...
Kuwait: The price of Kuwaiti oil was down 86 cents to USD 21.78 per barrel Tuesday in contrast to USD 22.64 pb Monday,...
Singapore: Oil prices resumed their slide Asia Wednesday as long-running concerns over the saturated market overshadowed talk of possible coordination between some major...
Oslo: When times get tough, it never hurts to have 700 billion euros stashed away like Norway does in the world's biggest sovereign...
New York: Producers of oil and gas from once hard-to-tap shale deposits are now facing the payback of the energy revolution they wrought:...
By Rania El Gamal KUWAIT CITY: Opec kingpin Saudi Arabia and top non-Opec producer Russia are showing signs of flexibility about agreeing to...