Energy Brent oil ends above $60 on expected OPEC cut extension NEW YORK: Brent oil closed on Monday at its highest level since July 2015 and US crude closed at a peak not seen since F Published 30 Oct, 2017 09:49pm
Energy Oil up 2 pct, Brent hits $60/bbl on support for extending curbs NEW YORK: Oil prices jumped about 2 percent on Friday, with global benchmark Brent crude rising above $60 per barrel, on Published 27 Oct, 2017 06:15pm
Energy Top Venezuela oil executive Chacin arrested in graft probe CARACAS: A top Venezuelan oil executive at state energy company PDVSA, Orlando Chacin, was detained on Tuesday amid a gr Published 26 Oct, 2017 10:20pm
Energy Oil dips from 4-week highs; gasoline, heating oil rise NEW YORK: Oil prices slipped on Wednesday from four-week highs after a surprising increase in crude inventories, though Published 25 Oct, 2017 07:23pm
Energy Ecuador seeks renegotiation of China oil sales, loans QUITO: Ecuador is seeking to renegotiate oil deals with Chinese firms to get higher prices for its crude exports and red Published 24 Oct, 2017 07:32pm
Energy Oil up 1pc on Saudi comments, forecast of US inventory drop NEW YORK: Brent oil rose 1 percent on Tuesday after top exporter Saudi Arabia said it was determined to end a supply glu Published 24 Oct, 2017 07:24pm
Energy Oil steady, supported by Iraq disruptions and drop in US rigs NEW YORK: Oil prices were little changed on Monday as supply disruptions in Iraq dented exports out of OPEC's second lar Published 23 Oct, 2017 05:49pm
Americas Energy Oil slips on profit-taking but Middle East tensions remain high HOUSTON: Oil prices fell more than 1 percent on Thursday, pressured by larger-than-expected product inventories in the U Published 19 Oct, 2017 09:03pm
Energy Oil slips from earlier gains as US gasoline, diesel stocks rise NEW YORK: Brent oil prices retreated from three-week highs reached earlier in the day on Wednesday, after a surprising f Published 18 Oct, 2017 04:25pm
Energy Oil steady as US output gains offset Middle East tensions NEW YORK: Oil prices ended little changed on Tuesday, steadying after earlier gains and losses, as expectations of high Published 17 Oct, 2017 08:15pm
Energy Oil jumps 1pc; fighting shuts output in Iraq's Kirkuk NEW YORK: Oil prices jumped 1 percent on Monday as Iraqi forces entered the oil-rich city of Kirkuk, taking territory fr Published 16 Oct, 2017 08:30pm
Energy Oil rallies on China import boost, Mideast tensions NEW YORK: Oil prices firmed on Friday as bullish news from strong Chinese oil imports and tensions in the Middle East pu Published 13 Oct, 2017 05:44pm
Energy Oil rises 2 percent on signs rebalancing underway NEW YORK: Oil prices rose about 2 percent on Tuesday, supported by Saudi Arabian export cuts in November and comments fr Published 11 Oct, 2017 12:41am
Energy Oil prices steady after OPEC signals possible deal extension NEW YORK: Oil prices stabilized on Monday after one of the most bearish weeks in months, propped up by OPEC comments sig Published 09 Oct, 2017 05:52pm
Americas Energy US says 92.6pc Gulf of Mexico oil production shut by Nate HOUSTON: The US Bureau of Safety and Environmental Enforcement said on Sunday that Hurricane Nate had shut 92.61 percent Published 08 Oct, 2017 08:33pm
Energy Oil set to end multi-week rally as oversupply concerns resurface AMSTERDAM: Oil prices fell around two percent on Friday, and were set to end Brent's longest multi-week rally in 16 mont Published 06 Oct, 2017 06:30pm
Energy PBF, Shell prep Louisiana refineries to keep running in storm HOUSTON: PBF Energy and Royal Dutch Shell Plc were preparing their Louisiana refineries to keep running during Tropical Published 05 Oct, 2017 11:57pm
Energy Shell Convent refinery restarts half produciton on HCU HOUSTON: Royal Dutch Shell Plc restarted overnight half production on the heavy-oil hydrocracking unit (HCU) at its 227, Published 04 Oct, 2017 11:09pm
Energy All Exxon Beaumont refinery units in operation HOUSTON: ExxonMobil Corp was running all production units on Wednesday at its 362,300-barrel-per-day (bpd) Beaumont, Tex Published 04 Oct, 2017 07:03pm
Energy Brazil sees possible Petrobras privatization in future SAO PAULO: A privatization of state-controlled oil company Petroleo Brasileiro SA is feasible in the long run, Brazil's Published 04 Oct, 2017 01:58am
Energy Oil falls more than 2pc on signs of higher output NEW YORK: Oil fell more than $1 a barrel to below $56 on Monday as a rise in US drilling and higher OPEC output put the Published 02 Oct, 2017 06:42pm
Americas Energy US crude stockpiles drop as refineries restart after Harvey: EIA NEW YORK: US crude oil inventories fell unexpectedly last week as refineries hiked output due to restarts following Hurr Published 27 Sep, 2017 11:06pm
Energy Brent slips from 2015 peaks, US crude up on inventory draw NEW YORK: Global oil prices fell on Wednesday while US crude rallied, after crude stockpiles unexpectedly drew with refi Published 27 Sep, 2017 08:45pm
Energy Exxon Mobil bets on Brazil, buys 8 offshore oil blocks in auction RIO DE JANEIRO: Exxon Mobil Corp vastly expanded its presence in Brazil on Wednesday, winning a total of eight offshore Published 27 Sep, 2017 07:54pm
Energy Exxon's Baytown, Texas refinery operations normal HOUSTON: ExxonMobil Corp said on Monday operations at the company's 560,500 barrel per day (bpd) Baytown, Texas, refiner Published 25 Sep, 2017 09:17pm
Energy Oil hits highest since July 2015; producers say market rebalancing NEW YORK: Oil prices soared more than 3 percent on Monday, with Brent hitting its highest in more than two years, after Published 25 Sep, 2017 09:15pm
Energy TSX flat on day, heading for 1.9 percent gain on week TORONTO: Canada's main stock index barely slipped in early trade on Friday but was heading towards a 1.9 percent gain on Published 22 Sep, 2017 06:00pm
Energy US East Coast crude stocks hit lowest seasonal levels since 2014: EIA NEW YORK: US East Coast crude oil stocks touched the lowest level seasonally last week since 2014, the US Energy Informa Published 20 Sep, 2017 10:04pm
Energy Oil edges off recent high ahead US stock data, OPEC meet NEW YORK: Oil prices edged lower on Tuesday, retreating from near-five-month highs in advance of data expected to show a Published 19 Sep, 2017 09:27pm
Americas Energy Global oil prices slip, but remain near recent highs NEW YORK: Global crude oil prices slipped slightly Monday but stayed close to multimonth highs as traders braced for Published 18 Sep, 2017 10:06pm