• Tuesday, May 17, 2022
  • Last Update : 04:24 pm
Oil prices rise on expected US stocks...

Oil prices rise on expected US stocks...

Business

Wed, Sep 22 2021

Prices were also supported as some OPEC members struggle to raise output and by a general sense of energy...

OPEC+ keen to keep oil prices at $65-$75...

OPEC+ keen to keep oil prices at $65-$75...

Business

Tue, Sep 7 2021

Lukoil has said previously that it could reduce its stake in Iraq's West Qurna-2 oil project

Oil drops below $70 as US urges OPEC+...

Oil drops below $70 as US urges OPEC+...

Business

Wed, Aug 11 2021

The White House said in a statement on Wednesday that the Biden administration had urged OPEC and its...

High oil prices ahead of Opec+ meeting,...

High oil prices ahead of Opec+ meeting,...

World

Tue, Nov 17 2020

Equity markets rose on hopes of a quicker economic recovery

Hopes dashed but still dreaming, Nigeria...

Hopes dashed but still dreaming, Nigeria...

Africa

Tue, Sep 29 2020

Nigeria has become a continental cultural powerhouse, boasting the world's second most productive...

Attacks on Saudi facilities threaten...

Attacks on Saudi facilities threaten...

Middle East

Sun, Sep 15 2019

The Iranian-backed Houthis group in Yemen claimed responsibility for the attacks

Opec scraps April meeting but keeps...

Opec scraps April meeting but keeps...

Business

Mon, Mar 18 2019

The energy minister of Saudi Arabia said the market was looking oversupplied

Qatar to leave Opec and focus on...

Qatar to leave Opec and focus on...

Middle East

Mon, Dec 3 2018

Qatar said its decision was not driven by politics

Saudi crown prince dismisses Trump remarks...

Saudi crown prince dismisses Trump...

Middle East

Sat, Oct 6 2018

The US president said he had warned the king he would not last in power for two weeks without US military...

Oil prices inch up in face of tight...

Oil prices inch up in face of tight...

World

Mon, Jul 9 2018

A rise in supply will reverse some of the output cuts that Opec and other major producers put in place...

Opec agrees modest hike in oil supply...

Opec agrees modest hike in oil supply...

World

Sat, Jun 23 2018

Two Opec sources said the group agreed that Opec and its allies led by Russia should increase production...

Oil prices rise as Opec meets

Oil prices rise as Opec meets

World

Fri, Jun 22 2018

The Organization of the Petroleum Exporting Countries is meeting in Vienna together with non-Opec oil...

Opec strives for new deal as Iran still...

Opec strives for new deal

World

Thu, Jun 21 2018

Iran said Opec was unlikely to reach a agreement and should reject pressure from the US to pump more...

PM: Dhaka wants peaceful solution to...

PM: Dhaka wants peaceful solution to...

Bangladesh

Thu, Jan 18 2018

Director-General and CEO of Opec Fund for International Development (OFID) Suleiman Jasir Al-Herbish...

Saudi King Salman to visit Russia on...

Saudi King Salman to visit Russia on...

World

Mon, Oct 2 2017

Opec and its allies agreed from the beginning of 2017 to cut their production by around 1.8 million barrels...

Millions heed anti-Maduro shutdown in...

Millions heed anti-Maduro shutdown in...

Latin America

Fri, Jul 21 2017

Violence during four months of anti-government unrest has taken around 100 lives, injured thousands,...

Venezuelan lawmakers beaten, besieged...

Venezuelan lawmakers beaten, besieged...

World

Thu, Jul 6 2017

At least 90 people have died in the unrest, with fighting and barricades frequently blocking cities across...

Oil surplus or scarcity? Shale makes...

Oil surplus or scarcity? Shale makes...

Business

Mon, Apr 10 2017

The ability of the shale sector to adapt quickly and nimbly to a lower-price environment means production...

Opec, non-Opec mull extending oil-output...

Opec, non-Opec mull extending oil-output...

Business

Mon, Mar 27 2017

A joint committee of ministers from Opec and non-Opec oil producers has agreed to review whether a global...

Oil prices fall to three-month low

Oil prices fall to three-month low

Business

Mon, Mar 13 2017

WTI is set to decline for a sixth day, during which is has dropped 9.3%.

US shale plots production growth despite...

US shale plots production growth despite...

Business

Thu, Mar 9 2017

The Permian - America’s largest oilfield - has already seen output jump in the past six months.