News

After more than a week of oil shooting vertically out of an unused well off the coast of Louisiana, the U.S. Coast Guard ...
U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.
Saudi Arabia's non-oil private sector activity expansion slowed in April as growth in new orders decelerated sharply, even as ...
Growth in the UAE's non-oil private sector held steady in April, while employment rose at the fastest pace in 11 months as ...
Oil buckled after OPEC+ agreed to another bumper output increase, bolstering global supplies at a time when demand is ...
OPEC+ has agreed to surge production by 411,000 barrels per day in June. Oil prices in April posted the biggest monthly loss ...
By Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) -OPEC+ plans to further accelerate oil output hikes and could ...
APA Corporation (NASDAQ: APA), and oilfield service provider Halliburton (NYSE: HAL) fell hard in April, down 18.7%, 26.1%, ...
Chevron CEO Mike Wirth argued against the move over concerns about energy security and growing Chinese influence in the ...
A $1 per barrel fall in crude prices can improve the Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) ...
Crude oil prices fell to a multi-year low on Monday as OPEC+ confirmed plans to continue unwinding production cuts, ...
Oil prices plunged to a near four-year low on Monday morning which pundits expect will continue to push petrol prices lower.