OIL

OIL

Displaying 10 out of 210 results

  1. FILE PHOTO: File photo of the Marsa al Hariga oil port in the city of Tobruk,

    First tanker to load crude at Libya's Hariga port since January

    An oil tanker is expected to load crude at Libya's Marsa el-Hariga terminal this week, the first since a blockade by eastern forces in January ...
  2. The logo of Royal Dutch Shell is seen at a petrol station

    Shell launches major cost-cutting drive to prepare for energy transition

    Royal Dutch Shell is looking to slash up to 40per cent off the cost of producing oil and gas in a major drive to save cash so it can overhaul its ...
  3. FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries (OPEC) sits outside i

    Oil rises after OPEC warns members to stick to quotas

    Oil prices rose for a fourth straight day on Friday as Goldman Sachs estimated the market is in deficit and a new storm started building in the ...
  4. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County

    Exclusive: OPEC+ panel warns of virus impact, sees signs of decline in oil overhang

    An OPEC+ technical panel warned that a rise in coronavirus cases in some countries may curb oil demand despite signs of economic recovery and ...
  5. FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed stock graph and Opec logo in t

    OPEC+ may hold extraordinary October meeting if oil market worsens - source

    OPEC+ could hold an extraordinary meeting in October if oil markets weaken further, Saudi Energy Minister Prince Abdulaziz bin Salman said on ...
  6. FILE PHOTO: Dust blows around a crude oil pump jack and flare burning excess gas at a drill pad in

    Oil rises as storm closes US production, inventories drop

    Oil prices rose on Wednesday, extending gains from the previous session, as a hurricane disrupted U.S. offshore oil and gas production and an ...
  7. FILE PHOTO: Oil pumps are seen in Karnes County

    Oil slips as bleaker demand outlook weighs on sentiment

    Oil prices inched lower on Tuesday as a bleaker outlook for global fuel demand prompted fresh selling, but short-covering ahead of a meeting later ...
  8. FILE PHOTO: A person passes the OPEC logo in front of its headquarters in Vienna

    OPEC sees steeper oil demand drop as virus remains challenging

    World oil demand will fall more steeply in 2020 than previously forecast due to the coronavirus and recover more slowly than expected next year, ...
  9. FILE PHOTO: An old fuel pump is seen during early hours in desert near the village of Sila, UAE/Sau

    Gulf's fiscal diet risks deeper pain amid oil price uncertainty

    Oil-rich Gulf nations are relying on a well-worn playbook of spending less and borrowing more to get through the coronavirus crisis but with the ...
  10. FILE PHOTO: The sun sets behind a pump-jack outside Saint-Fiacre

    Oil slips as demand concerns rise, Libya output looms

    Oil prices were mixed on Monday with U.S. crude rising as a tropical storm in the Gulf of Mexico forced rigs to shut down, but the gains were kept ...