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Friday, 14 December 2018 07:52

Oil Slips 2 Percent

Oil prices dropped about 2 percent on Friday, weighed down by a falling U.S. stock market, while weak economic data…
Oil prices dropped more than one percent on Friday, weighed down by a falling U.S. stock market, while weak economic…
Friday, 07 December 2018 10:33

Oil Prices Climb on OPEC-led Cuts

Oil prices ended more than 2 percent higher on Friday after OPEC members and allies like Russia agreed to reduce…
Friday, 07 December 2018 03:45

Oil Surges 5 pct as OPEC Agrees Output Cut

Oil prices jumped more than 5 percent on Friday as big Middle East producers in OPEC agreed to reduce output…
Oil prices fell further on Friday as swelling inventories depressed sentiment despite widespread expectations that OPEC and Russia would agree…
Saudi Arabia’s energy minister, Khalid al-Falih, must play a bad hand of cards as well as he can at next…
Wednesday, 28 November 2018 11:24

BP and Equinor Spending Steady

The spending plans of oil majors BP and Equinor are unaffected by the more than 25 percent drop in oil…
Oil prices steadied on Tuesday, depressed by record Saudi production but supported by expectations that oil exporters would agree to…
Tuesday, 27 November 2018 04:33

Petronas Q3 Profit Jumps 43%

Malaysian state-owned energy firm Petroliam Nasional Berhad, or Petronas, on Tuesday said it will increase its dividend payout to the…
Thursday, 22 November 2018 05:03

Crude Oil Inventory Update

Crude inventory build has reared its head again. And fears of an oil glut returning have sent oil prices south.…
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