Dubai: Iran is exporting 1.3 million barrels a day (bpd) of crude oil, and will be pumping 1.5 million barrels a day by...
Dubai: Iran is exporting 1.3 million barrels a day (bpd) of crude oil, and will be pumping 1.5 million barrels a day by...
BY BARANI KRISHNAN NEW YORK: U.S. crude prices jumped 12 percent on Friday after a report once again suggested OPEC might resort to...
By Rania El Gamal, Alex Lawler and Dmitry Zhdannikov DUBAI: Some OPEC countries are trying to achieve a consensus among the group and...
Singapore: US crude tumbled below $27 a barrel in Asia Thursday as the oversaturated market struggled to cope with high inventories in the...
LONDON: OPEC pointed to a larger oil supply surplus on the world market this year than previously thought as Saudi Arabia and other...
Singapore: Oil prices rebounded on bargain-buying in Asia Wednesday after the previous day's plunge but analysts warned any gains would be limited as...
A pump jack is seen near sunflowers in Guthrie, Oklahoma in a September 15, 2015 file photo. By Grant Smith and Jonathan Ferro...
By Dmitry Zhdannikov LONDON: The world will store unwanted oil for most of 2016 as declines in U.S. output take time and OPEC...
New York: Crude oil prices slid lower Monday, pushing US oil below $30 a barrel, after weekend talks between OPEC kingpin Saudi Arabia...
A man and vehicles are reflected in a price display at a gas station in Tokyo August 26, 2015. Reuters By Ahmad Ghaddar...
Tokyo: Crude prices edged down in Asia on Monday as worries about the ongoing supply glut offset news that the oil ministers of...
DUBAI: Saudi Arabia’s oil minister Ali al-Naimi discussed cooperation between OPEC members and other oil producers to stabilise the global oil market with...
A Chevron petrol station is seen in Cardiff, California January 25, 2016. Reuters/Mike Blake By Ron Bousso and Terry Wade LONDON/HOUSTON: As oil...
New Delhi: Iran has asked Indian oil refiners such as Essar Oil and Mangalore Refinery and Petrochemicals Ltd (MRPL) to clear its past...
File picture of Iranian Oil Minister Bijan Zanganeh DUBAI: Iranian Oil Minister Bijan Zanganeh said on Saturday that Iran’s crude oil sales to...
\Iran billing new oil contracts in euros - NIOC source. Also wants money due for supplied oil in euros. Says would consider using...
BY ALEX LAWLER LONDON: Oil slipped below $35 a barrel on Thursday after the previous session's 7 percent jump, pressured by oversupply and...
By Reem Shamseddine KHOBAR, Saudi Arabia: State oil giant Saudi Aramco is expected to keep the same number of its oil and gas...
