Oil plunged after U.S. stockpiles swelled by the most since March 2017 and as investor concern increased that...
Saudi Aramco, Air Products and ACWA Power said on Sunday that they had signed a deal to form an $8 billion gas...
Crude posted the longest stretch of weekly declines since 2015 as international trade tensions threatened ener...
The Abu Dhabi National Oil Company (Adnoc) is seeking to increase its business in Japan. Dr. Sultan Ahmed Al J...
Oil rose after Saudi Arabia was said to have curbed production, offsetting concerns that the growing trade dis...
Iran will need $30 billion of investment over five years to boost oil production Iran plans to increase crude output by 2 million barrels a day from about 50 energy projects slated for inves... Read more
Output from the Organization of Petroleum Exporting Countries fell by 233,000 barrels to 32.048 million a day this month OPEC crude output fell in September, led by declines in the group’s t... Read more
In a report, Barclays said disruptions in winter could pose problems for output Iraq’s oil production is at risk for winter when “loading problems” have historically reduced output by 300,00... Read more
Oil has plunged more than a quarter from this year’s closing peak in June Oil was poised for the lowest quarterly average price since the start of 2009 as industry data showed US crude stock... Read more
Shell abandoned exploration off Alaska for the “foreseeable future” The inglorious end to Royal Dutch Shell’s $7 billion search for oil in Alaska means billions of barrels of crude will prob... Read more
Output in the US has slipped in six of the past seven weeks after low prices forced drillers to idle rigs Oil advanced before data expected to show that a decline in US crude supplies contin... Read more
US crude output is down 470,000 barrels a day from a four-decade high of 9.61 million in June The momentum behind wagers on rising oil prices picked up steam as US drilling slows and produce... Read more
A ruling by a US federal court is a setback for the Kurdistan Regional Government A US federal court dealt a setback to efforts by Iraq’s self-governing Kurds to sell Iraqi crude oil in the... Read more
Lanxess AG and Saudi Arabian Oil Company said they will form a 2.75 billion-euro ($3.1 billion) venture to draw on the Middle East company’s access to raw materials and make a struggling syn... Read more
Exports fall for third time in four months as global supply glut continues Saudi Arabia’s crude stockpiles rose to a record in July after exports by the world’s biggest oil shipper declined... Read more
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