#oil

Saudi Arabia will run out of oil stocks for exports if it doesn’t restart its major pipeline to the Red Sea within days, leading to a loss of up ...

An unprecedented deal for the U.S. to gain access to a fifth of Venezuela’s oil reserves – and the central role a Venezuelan businessman will play – is prompting questions ...

Recent warnings from the International Monetary Fund (IMF), concerns raised by the auditor-general and growing criticism from energy experts all point to the same conclusion: Cyprus urgently needs a comprehensive ...

Recently, the global economy has faced severe challenges, notably the pandemic, the Ukraine war and disruptions in global trade. Currently, it is once again confronted with a new and rapidly ...

Saudi Arabia’s oil shipments via the Red Sea are on course to hit record highs in March although they are still far below the levels needed to compensate for ...

LONDON, Jan 13 (Reuters) – The U.S. government has filed for court warrants to seize dozens more tankers linked to the Venezuelan oil trade, four sources familiar with the matter said, ...

President Donald Trump said on Saturday that the United States is prepared to impose fresh energy sanctions on Russia, but only if all NATO nations cease purchasing Russian oil and ...

Drilling at the Pegasus-1 well has detected a 350-metre column of natural gas, the government announced on Monday, giving no more clues about the significance of the find – but separately ...

Shipping Deputy Minister Marina Hadjimanolis on Monday warned of “global implications” if Iran blockades the Strait of Hormuz. “The developments are rapid and without a doubt very worrying, with global ...

French President Emmanuel Macron said on Tuesday he was in favour of imposing new sanctions on Russia in the coming days if Moscow failed to respect a ceasefire, mentioning financial ...

With President Trump pausing his punitive tariffs for 90 days, it will take time before the negotiations that will follow realign global trading to the new developing international order. Already analysts ...

Even though energy commodities – oil, natural gas and refined products – were largely spared collateral fallout from US President Donald Trump’s new ‘Liberation Day’, the new tariffs have pushed oil ...

More than half of Libya’s oil production, or about 700,000 barrels per day, was offline on Thursday and exports were halted at several ports as a standoff between rival political ...

Saudi Arabia’s government on Thursday filed papers to sell a new stake in state oil giant Aramco 2222.SE that could raise as much as $13.1 billion, a landmark deal that ...

Oil prices edged lower on Friday but were on track to gain over 3 per cent for the week, boosted by the International Energy Agency raising its 2024 oil demand forecasts and ...

By Nichola Groom and Valerie Volcovici The Biden administration on Saturday unveiled final rules aimed at cracking down on US oil and gas industry releases of methane, part of a ...

Oil prices fell by more than 1 per cent on Thursday, extending losses from the previous session, after OPEC+ postponed a ministerial meeting, leading to speculation that producers might cut output ...

Oil prices rose on Monday as investors focused on a tighter supply outlook after Moscow issued a temporary ban on fuel exports while remaining wary of further rate hikes that ...

Guyana is not a ‘hellhole country’ of the sort Donald Trump complained about when he said he wanted immigrants to come to the US from white places like Norway instead, ...

Oil prices spiked more than 1 per cent on Tuesday after Saudi Arabia and Russia announced a fresh extension to their voluntary supply cuts, stretching a combined 1.3 million barrel per day (...

Oil prices eased on Thursday after data showed China’s manufacturing activity shrank for the fifth month in a row, and as investors cautiously awaited a US personal consumption expenditure ...

Oil prices hovered near their highest levels since mid-April after top producers Saudi Arabia and Russia pledged to extend supply cuts through September, further tightening supplies. Prices have seen a ...

The Biden administration is poised to increase outreach to western trading houses, insurers and tanker owners to remind them to abide by the Group of Seven’s price cap on ...

Oil prices dipped in Asian trade on Monday as investors tread cautiously ahead of fresh economic data from top consumers the United States and China this week, though expected crude ...