Iran boosted oil output at three western fields faster than it expected as rival OPEC producer Saudi Arabia called for a collective output...
Iran boosted oil output at three western fields faster than it expected as rival OPEC producer Saudi Arabia called for a collective output...
DUBAI: Iran opened three oilfields with a total production of more than 220,000 barrels per day (bpd) on Sunday, as the country ramps...
Algiers: Saudi Arabia's oil minister said it was "imperative" that OPEC nations finalise an agreement over a cut in oil production aimed at...
SINGAPORE: Oil prices dipped on Thursday, pulled down by rising U.S. crude inventories and as markets tried to interpret U.S. President-elect Donald Trump's...
SINGAPORE: Oil prices tumbled on Wednesday as vote counting showed Republican Donald Trump edging ahead in an unexpectedly tight U.S. presidential election, setting...
Paris: A global pact to battle global warming entered into force last week, but the latest long-term look into the energy market by...
Paris: The OPEC cartel warned Tuesday that the oil industry needs to step up investments to guarantee sufficient supply as low prices stimulate...
By Alex Lawler LONDON: Global demand for OPEC’s crude oil will rise in the next three years, the group forecast, suggesting its 2014...
Tehran: Iran will sign a deal with France's Total on Tuesday for the development of gas production at a major offshore field in...
Tehran: Iran will sign a deal with France's Total on Tuesday for the development of gas production at a major offshore field in...
ABU DHABI: The Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) said on Monday the group was committed to a deal...
LONDON: Some of the world’s biggest oil companies, including Saudi Aramco and Royal Dutch Shell, pledged on Friday to invest $1 billion to...
LONDON: Crude oil futures edged up on Thursday, supported by news of an attack on a Nigerian oil pipeline and a weaker U.S....
Tehran: Iran boosted its oil exports to 2.44 million barrels per day in late October as it regains market share lost during years...
Riyadh: The global oil market should be balanced early next year, the president of Saudi Aramco said on Tuesday, after over-supply drove prices...
Abuja: Nigeria's oil production is nearly back to normal following a sharp drop earlier this year due to rebels attacking pipelines, the oil...
VIENNA: Non-OPEC producers made no specific commitment on Saturday to join the Organisation of the Petroleum Exporting Countries in limiting oil output levels...
VIENNA: OPEC officials began talks in Vienna on Friday aimed at working out details of their oil supply-cut agreement, which they concede is...