oil

Oil eases as US demand concerns outweigh Middle East fears

Oil prices were little changed on Thursday as falling fuel demand in the U.S., the… Read More

Oil jumps more than 3% on Middle East worries

Oil prices surged more than three percent in early Asian trade on Friday following unconfirmed… Read More

Saudi Arabia may hike May crude oil prices to Asia

Top oil exporter Saudi Arabia may raise the official selling price (OSP) for flagship Arab… Read More

Oil rises as investors bet on tighter supply, China’s economy

SINGAPORE: Oil prices rose on Monday, adding to recent gains amid expectations of tighter supply… Read More

Top global energy traders face multi-billion cash quandary

As the world's top global energy trading houses prepare for their biggest annual industry get-together… Read More

Oil extends losses after dollar strengthens on interest rate outlook

Oil prices fell on Monday, extending losses from the previous session after the dollar rose… Read More

OPEC sticks to oil demand view, sees better economic growth

OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand… Read More

Saudi Arabia explains oil capacity U-turn

Saudi Arabia's U-turn on its oil capacity expansion plans was because of the energy transition,… Read More

Big Oil offers record returns to lure investors back

Big Oil firms are handing shareholders more money than ever and are promising more going… Read More

Oil prices gain after OPEC+ maintains output cuts

SINGAPORE: Oil prices rose in early trade on Friday following a decision by OPEC+ to… Read More

Saudi Arabia lowers Aramco max capacity target

Saudi Aramco on Tuesday said it was asked to cut its planned maximum sustainable oil… Read More

Saudi oil price cut driven by weak market

Saudi Arabia's cut in official crude oil selling prices to Asia reflects weaker fundamentals of… Read More

Oil climbs as tankers avoid Red Sea after strikes on Houthis

Oil rose 1% on Friday as an increasing number of oil tankers diverted course from the Red… Read More

Oil jumps on US, UK strikes in Yemen, shares cautious

Asian shares were cautious on Friday as the escalating conflict in the Red Sea region… Read More

Oil down more than 1% as Saudi price cuts offset Mid-East worries

NEW DELHI: Oil prices fell by more than 1% on Monday on sharp price cuts… Read More

Oil prices rise over $1 on Middle East tensions

LONDON: Oil prices rose over $1 on Friday as U.S. Secretary of State Antony Blinken… Read More

Nigeria aims to raise oil, condensates output to 2.6 mln bpd by 2026

Nigeria's upstream oil regulator on Monday announced an annual oil and condensates production target of… Read More

Russia exports almost all its oil to China and India

MOSCOW: Almost all of Russia's oil exports this year have been shipped to China and… Read More

Big oil enters 2024 strengthened by US industry consolidation

HOUSTON: The oil and gas industry went on a $250 billion buying spree in 2023,… Read More

Oil and gas should not be demonized: Elon Musk

ROME: It is important to reduce carbon emissions to preserve the planet, but oil and… Read More