Oil prices rebounded today (Wednesday) as benchmark Brent crude futures rose to US$56.49 per barrel after dropping 5.6 per cent
Oil prices have risen today (Thursday), buoyed by a drawdown in US crude stockpiles and indications that China is beginning
The price of oil fell below US$60 a barrel amid fears of global oversupply. Brent crude, the benchmark, was trading 5
Oil prices are entering an “unprecedented period of uncertainty”, warned the boss of the International Energy Agency (IEA) as Brent
European Union hopes of setting up a bartering system with Iran to dodge US sanctions appear to have run aground.
The oil market looks poised to swing into oversupply next year as growing global crude output exceeds uncertain demand, says
This week’s oil and gas sanctions on Iran are bringing extra domestic pressure on the Islamist regime, say regional observers.
The European Union said work “has accelerated” on a special purpose vehicle (SPV) to help avoid Donald Trump’s sanctions on
Oil prices fell today (Tuesday) as US sanctions exemptions allow Iran’s biggest customers to keep supplies flowing amid an economic
Oil prices have fallen as record crude production by the world’s three largest producers offset supply worries about US sanctions
European Union diplomats are warning that US financial sanctions targeting Iran’s oil and gas exports could force the world to
Oil prices fell this week after the International Monetary Fund (IMF) lowered next year’s global growth forecasts but rates were
Serica Energy says the US has granted a conditional licence, removing restrictions on a North Sea field because of Iranian
Brent oil is near its highest price since November 2014 as markets braced for tighter supply once US sanctions against
A global supply surplus sent Brent crude oil falling from US$114 a barrel in June 2014 to less than US$30