File picture for representation only. London: Royal Dutch Shell on Wednesday said it expected a sharp decline in full-year net profits, as plunging...
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....
US Secretary of State John Kerry (C) shakes hands with Iranian Foreign Minister Mohammad Javad Zarif (R) after the International Atomic Energy Agency...
DUBAI: Oil majors Total and Shell have sent executives to Tehran ahead of the expected lifting of international sanctions, Iran's Mehr news agency...
File photo. By Oleg Vukmanovic MILAN: Pakistan State Oil has backed out of a nearly $1 billion deal to buy liquefied natural gas...
London: Oil prices slumped to 12-year low points this week, as dealers prepared for increased Iranian exports to the market against a backdrop...
Wellington/London: Stocks fell around the world and bonds jumped as a 5 percent slump in crude oil sent markets reeling after Chinese shares...
Fujeira oil tanker terminal. Representative image Iran wants to up exports to India by 200,000 bpd within 6 months Iran has over a...
A view of Petroleum Development of Oman (PDO) near Muscat June 5, 2010. REUTERS/ Fahad Shadeed By Stanley Carvalho and Archana Narayanan DUBAI:...
By Karolin Schaps LONDON: Oil prices steadied on Thursday, but remained near 12-year lows on the prospect of Iran unleashing its oil on...
