Russia and Opec’s production cuts are due to expire this month with a 1.2 million barrels per day (bpd) production
Oil futures rose today (Monday) amid increasing concerns about West Asian supply disruptions despite the standoff in US-China trade talks.
Saudi Aramco is allegedly discussing a potential investment in Norwegian oil and gas giant Equinor’s US shale assets in what
Qatar has criticised Donald Trump’s decision to block all exports of Iranian oil, saying the sanctions mainly hurt the countries
Iran will continue to export oil and gas in defiance of US sanctions, President Hassan Rohani has announced on television.
Donald Trump’s attempts to throttle Iran will fail because the Iranians have a “PhD in sanctions busting”, according to the
Oil prices fell today (Thursday) as record US output and rising crude oil stocks reduced the impact on markets of
Oil prices have hit a six-month peak as Opec apparently looks to raise output following Donald Trump’s decision not to
Risk premiums on Saudi Aramco’s US$12 billion of bonds rose in New York yesterday (Wednesday), a day after investors channelled
Investment banking giant Goldman Sachs has boosted its second-quarter Brent crude price forecast by 11.5 per cent from US$65 per
Saudi Arabia’s Ministry of Energy, Industry and Mineral Resources has denied claims that the kingdom was threatening to sell its
Saudi Arabia has almost completed its first nuclear reactor, despite not having secured UN agreements amid fears of a renewed
Russian Energy Minister Alexander Novak says the country’s oil producers will be fully compliant with Opec-led supply cuts over the
Global oil prices are being forecast by Goldman Sachs to rise by as much as 12 per cent as Saudi
Saudi Crown Prince Mohammed bin Salman and Chinese President Xi Jinping have signed a US$10-billion joint venture to develop a