World
Global oil prices plunged Friday to new multi-year lows after the OPEC oil-producing cartel decided to maintain crude output in an oversupplied market. US...
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World
OPEC’s decision against cutting oil production, despite a global glut in supplies, triggered a five-dollar collapse in crude prices and prompted a fall in...
World
Rosneft has trimmed its oil output partly in response to sliding crude prices, the Russian oil giant said Tuesday, as an under-pressure OPEC mulled...
World
The destruction of rainforests in Southeast Asia and increasingly in Africa to make way for palm oil cultivation is a “direct threat” to the...
World
Oil prices extended losses Friday on poorly-received economic data out of China this week that has raised concerns over potential weaker crude demand from...
World
Global oil prices advanced on Tuesday on renewed Ukraine tensions after pro-Russian protesters seized government buildings in the eastern city of Donetsk. New York’s...
World
Kuwaiti Oil Minister Ali al-Omair said Monday that current oil prices are “fair” despite strong geopolitical factors impacting the region. OPEC member Kuwait is...
World
Global oil prices sank Thursday on an expected return of Libyan supplies after a months-long disruption in exports, and following recent weak global economic...
World
Global oil prices rose on Friday as traders took their cue from upbeat U.S. economic indicators and concerns over supply disruptions in Nigeria. New...
World
Oil prices steadied on Wednesday, with supply disruptions in Libya and Nigeria offsetting expectations of a rise in US crude inventories, analysts said. New...