In early 1959, oil prices were low and falling. British Petroleum had cut prices. The United States had instituted import
The Donald Trump-appointed US ambassador in Germany has purportedly warned firms involved in constructing the Nord Stream 2 natural gas
India has reportedly handed Iran a tax break worth hundreds of millions of dollars, effectively giving the all-clear to a
The US Treasury says it will scrap sanctions on Russian oligarch Oleg Deripaska’s (pictured) energy enterprises after he said he
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
Despite talk of diplomatic pressure on Russia, European Union leaders continue to visit Russian President Vladimir Putin, foreign direct investment
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