Business / Energy

Oil rises as IEA expects biggest non-OPEC output fall in 25 years 21 Apr 2016 - 10:03 am

BY HENNING GLOYSTEIN SINGAPORE: Crude prices rose on Thursday, reversing earlier declines, as the International Energy Agency (IEA) said that 2016 would see...

Oil extends gains in Asia after US output falls 21 Apr 2016 - 08:06 am

Singapore: Oil prices on Thursday built on recent gains after data showed US production fell to 18-month lows and Iraq pushed for a...

Global stocks drop as oil prices fall back 20 Apr 2016 - 01:56 pm

London: European and Asian stock markets mostly retreated on Wednesday, with oil prices dropping once more as crude workers ended a strike in...

Oil prices rebound as Kuwait strike enters third day 19 Apr 2016 - 10:24 am

Kuwaiti oil workers arrive at their union headquarters in Al-Ahmadi, on April 17, 2016, to protest against plans to cut their wages and...

Oil prices plunge after Doha output talks fail 18 Apr 2016 - 09:33 am

The collapse of Sunday talks in Doha sent oil tumbling in Asia trade early on April 18, 2016 (AFP Photo/Haidar Mohammed Ali) Singapore:...

Doha Oil Talks Drag on Amid Dispute Over Saudi Stance on Iran 18 Apr 2016 - 12:00 am

Saudi Oil Minister Ali al-Naimi, (2ndR) arrives at an oil-producers' meeting in Doha, Qatar, on April 17, 2016. AFP / KARIM JAAFAR Talks...

Russia, Saudi debate oil deal draft at Doha talks 18 Apr 2016 - 12:00 am

DOHA: Talks between OPEC and non-OPEC oil producers in the Qatari capital of Doha have been running for over four hours with Russia...

Italians vote on oil and gas as scandal ups pressure on Renzi 18 Apr 2016 - 12:00 am

(FILES) This file photo taken on April 6, 2016 shows Italy's ENI Gas plant in Marina di Ravenna on April 6, 2016. AFP...

Kuwait lowers crude, refining output as workers strike 18 Apr 2016 - 12:00 am

Kuwaiti oil and gas workers gather during a strike against salary cuts at Ahmadi Governorate, 33km south of Kuwait City, Kuwait, 17 April...

Doha oil talks end without agreement: Qatari minister 18 Apr 2016 - 12:00 am

Qatar's Energy Minister H E Mohammed Saleh Al Sada arrives to a meeting between OPEC and non-OPEC oil producers, in Doha, Qatar April...

Qatar says OPEC needs more time for freeze deal 18 Apr 2016 - 12:00 am

LONDON: Qatar's oil minister H E Mohammed al-Sada said on Sunday OPEC needed more time for consultations to reach an output freeze deal. ...

Oil producers' fail to agree on output freeze 18 Apr 2016 - 12:00 am

Qatari Minister of Energy and Industry H E Mohammed Saleh al-Sada attends a news conference following the oil-producers' meeting at Sheraton Hotel in...

Doha oil output debate runs into third hour: Report 17 Apr 2016 - 05:51 pm

Russian Energy Minister Russian Energy Minister Alexander Novak, arrives at an oil-producers' meeting in Doha, Qatar, on April 17, 2016. (AFP / KARIM...

What's so important about the oil meeting in Doha 17 Apr 2016 - 05:30 pm

The fundamental cause of turmoil in oil markets since late 2014 has been too much of the stuff. With the Organization of the...

India to ramp up oil and gas investment in Iran 17 Apr 2016 - 05:23 pm

Sushma Swaraj and Mohammad Javad Zarif. (Photo: Twitter) Tehran: India and Iran on Sunday talked business and committed to boost bilateral economic ties...