A worker carries out maintenance at an oil well on oil fields operated by a subsidiary of the KazMunayGas Exploration Production JSC in...
A worker carries out maintenance at an oil well on oil fields operated by a subsidiary of the KazMunayGas Exploration Production JSC in...
LONDON: Oil markets are poised to rebalance after going through a period of weakness as low oil prices cannot last long, the Minister...
Singapore: Oil prices extended their rally in Asia Monday buoyed by hopes of extra stimulus measures in the eurozone and Japan that could...
Tokyo: Falling energy prices helped shrink Japan's annual trade deficit by 78 percent in 2015, while a weaker yen boosted exports, led by...
DUBAI: Saudi Arabia, the world's largest oil exporter, does not want an end to shale oil but a balanced oil market where all...
File photo of Saudi Aramco Chairman Khalid al-Falih. London: The world's biggest oil exporter Saudi Arabia declared this week that ultra-low oil prices...
London: World oil prices nudged lower Thursday before a key US snapshot of crude stockpiles, one day after striking 12 year lows on...
Singapore: Oil rose in Asia Thursday, giving a much-needed breather to the battered crude market, but traders remain on edge as the supply...
File picture for representation only. London: Royal Dutch Shell on Wednesday said it expected a sharp decline in full-year net profits, as plunging...
A pump jack stands idle in Dewitt County, Texas. (file photo) Singapore: US crude tumbled below $28 a barrel in Asia on Wednesday,...
Baghdad: Iraq said on Tuesday that it is seeking to reduce the amount it spends on foreign oil companies as plummeting crude prices...
File picture for representation only. Paris: Unseasonably warm weather and rising supply will keep the crude oil market oversupplied until at least late...
OTTCO plans to built a new complex at Ras Markaz to keep the country's oil flowing LONDON: A storage project with 25 million ...
Jose Manuel Garcia-Margallo Brussels: Iran is mulling the idea of building a refinery in Spain to find new markets and boost its oil...
By Alex Lawler LONDON: OPEC forecast on Monday that oil supply from non-member countries will post a larger-than-expected decline this year due to...
An oil tanker sits anchored off the Fos-Lavera oil hub near Marseille, France, in this October 15, 2015 file photo. REUTERS By Ahmad...
The word oil is pictured on an oil bank at a recycling yard in London. (Reuters / file photo) Singapore: Brent crude fell...
Ben van Beurden, chief executive officer of Royal Dutch Shell, speaks during the 26th World Gas Conference in Paris, France, June 2, 2015....
