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oil
2,422 Results-
OPEC+ increases production quotas for August
OPEC+ ministers decided Sunday to increase oil quotas by a total of 188,000 ...
Energy -
Brent oil price drops under $100 on US-Iran deal hopes
Oil prices dived on Wednesday, with international benchmark Brent sliding under ...
Energy -
Qatar LNG ships appear to abort bid to exit Strait of Hormuz
Two loaded liquefied natural gas carriers that had seemingly aborted an attempt to ...
Energy -
IEA chief says current oil and gas crisis worse than 1973, 1979, 2022 combined
The current oil and gas crisis triggered by the blockade of the Strait of Hormuz ...
Energy -
OPEC+ plans symbolic oil quota hike amid war, delegates say
OPEC+ members plan to raise their production quotas for May, in a symbolic move as ...
Energy -
Hike in energy prices will be high ‘for a very long time’: EU energy commissioner
The EU is assessing “all possibilities” including fuel rationing and releasing ...
Energy -
Iraq begins oil exports on tankers through Syria: Ministry
Iraq has begun exporting crude using tanker trucks through Syria, its oil ministry ...
Middle East -
Hopes dim for quick end to Iran war after Trump speech
Hopes for a swift end to the Middle East war faded on Thursday after US President ...
Middle East -
EU tells countries to prepare for ‘prolonged disruption’ to energy markets from Iran war
European Union governments should prepare for a “prolonged disruption” to energy ...
World News -
Oil surges, Asian stocks fall as Trump threatens Iran infrastructure
Asian stocks fell sharply in early trade Tuesday and oil prices rose as the Middle ...
Economy -
Airlines face fare dilemma as fuel spike threatens travel demand
Global airlines have begun to hike fares and cut capacity to cope with the sudden ...
World News -
Iranian oil production and exports continue without interruption, official says
Iran’s oil production and exports continue without interruption, a spokesperson ...
Energy -
Why might US President Trump find it hard to reopen the Strait of Hormuz?
US President Donald Trump has demanded help from allies to reopen the Strait of ...
Middle East -
Iraq plans pipeline revamp for direct Kirkuk oil exports to Turkey, minister says
Iraq is working to revamp a pipeline that would allow oil to be pumped directly to ...
Energy -
How many ships have been attacked in the Gulf since start of Iran war?
The US-Israeli war on Iran has threatened Gulf ports and disrupted global trade ...
Gulf -
Dubai-based DP World says Jebel Ali port fully operational, inbound vessel traffic reduced
Dubai-based port operator DP World on Thursday said its Jebel Ali port was fully ...
Gulf -
‘We are having a tremendous impact,’ Trump says in G7 call after IEA decision on oil stock
US President Donald Trump praised the “tremendous impact” of decisions being made ...
World News -
Iraq seeking new oil export routes after Hormuz disruption: Ministry spokesperson
Iraqi authorities are exploring alternative routes to export oil after transit ...
Energy -
Egypt raises fuel prices by up to 30 pct amid ‘exceptional’ pressures caused by Iran war
Egypt raised domestic fuel prices by up to 30 percent on Tuesday, blaming ...
Energy -
Trump says will waive some oil sanctions as Iran war roils markets
US President Donald Trump said Monday that he will waive some sanctions on oil to ...
World News -
Oil prices spike near $120 as Trump says this is ‘small price to pay’ amid Iran war
US President Donald Trump weighed in on the spike in oil with a late night post on ...
World News -
Saudi Arabia diverts millions of oil barrels to Red Sea to ensure global supplies
Saudi Arabia is diverting millions of barrels of crude oil to the port of Yanbu on ...
Saudi Arabia -
Two Russian security personnel were onboard France-seized tanker: Sources
Two employees of a Russian private security company were aboard a suspected ...
World News -
US urges its citizens in Cuba to brace for protests, outages, fuel shortages
The US embassy in Cuba warned Americans in the country on Tuesday that there was a ...
World News -
Kuwait PM says KPC to invite international oil companies to develop offshore oil, gas
Kuwait’s prime minister Ahmad Abdullah al-Ahmad al-Sabah said on Tuesday that ...
Energy -
Oil, precious markets fall amid Trump comments on Iran
Oil and precious metals slid Thursday after US President Donald Trump appeared to ...
Energy -
India’s Reliance Industries says will consider buying Venezuelan oil
India’s Reliance Industries Ltd, operator of the world's largest refining complex ...
World News -
Trump announces plan to sell Venezuelan oil stuck under US blockade
President Donald Trump on Tuesday unveiled a plan to refine and sell up to 50 ...
World News -
US backs Iraq’s plan to move Lukoil oil field to American firm
The US government is backing Iraq’s plan to transfer Lukoil PJSC’s stake in a ...
Energy -
Russia ready to cede control of Serbia’s NIS oil firm after US sanctions, minister says
NIS’ Russian owners are ready to give up control of the Serbia-based oil firm as ...
World News