Results for
oil prices
234 Results-
France’s TotalEnergies posts record $20 billion net profit
France’s TotalEnergies said Wednesday that high oil and gas prices bolstered its net profit to a record $20.5 billion in 2022 and announced higher ... Energy -
Oil prices drops on higher inventories, weak US stock markets
Oil prices fell further on Friday and were on track for a second weekly drop after US stock markets tumbled and US stockpiles rose unexpectedly.Brent ... Energy -
Coronavirus and corruption put Iraq’s political system in the last chance saloon
The collapse in oil prices as a result of the coronavirus has been one of the most unwelcome and damaging side effects of the global pandemic for the ... Middle East -
Oil prices rebound on hopes of US intervention to end price war
Oil rebounded in Asian trade Thursday on hopes for a US intervention to end a price war between Saudi Arabia and Russia amid the escalating ... Energy -
Trump invites oil executives to discuss help for ailing industry amid price war
US President Donald Trump has invited oil executives to the White House to discuss potential aid for the industry as the coronavirus pandemic spurs a ... Energy -
Trump says he might join Saudi Arabia, Russia in talks on oil prices
US President Donald Trump said on Tuesday he would join Saudi Arabia and Russia, if need be, for talks about the sharp fall in oil prices resulting ... Energy -
OPEC and Russia ‘jump off the cliff together’ as coronavirus hits oil demand
The collapse of an international accord to curtail oil exports in the face of falling demand due to the coronavirus will lead to a prolonged oil price ... Energy -
Coronavirus: Global oil demand set for first contraction since 2009
Global oil demand is set to contract in 2020 for the first time in more than a decade as global economic activity stalls due to the coronavirus, the ... Energy -
Coronavirus impact: Saudi Arabia seeks to respond through oil output cut
As the coronavirus spreads beyond its epicenter in China to more than 40 other countries, and the global economic outlook has dimmed, oil prices have ... Energy -
Oil steady as Asian states seek to offset coronavirus hit to economies
Oil steadied near $57 a barrel in London as China and other Asian states promised economic stimulus to offset the impact of the coronavirus, buoying ... Energy -
Putin discussed oil prices with Saudi leaders, says Kremlin spokesman
Kremlin spokesman Dmitry Peskov said on Monday that President Vladimir Putin had discussed oil prices with Saudi Arabia’s King Salman bin ... Energy -
Oil prices recover on reports of OPEC output drop, trade talk optimism
Oil prices rose on Tuesday after a media report showed that OPEC oil production had fallen to an eight-year low in September and as optimism over ... Energy -
Oil prices fall as worries fade on Saudi supply reassurance
Oil prices dropped sharply on Tuesday after Saudi Arabia’s energy minister said the kingdom has fully restored its oil supply following an ... Financial Markets -
Oil prices jump as attack on Saudi Aramco facilities jolts supply
Global energy prices spiked more than 14 percent Monday after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to ... Energy -
Oil rises to $69 as Mideast tension and supply cuts offset trade concerns
Oil rose to about $69 a barrel on Monday, supported by Middle East tensions and OPEC-led supply cuts, though concern over the US-China trade dispute ... Energy -
Oil prices jump $2 as foreign oil companies evacuate staff from Iraq
Oil prices jumped by about $2 a barrel on Wednesday as foreign oil companies began evacuating their employees from Iraq. ExxonMobil began ... Energy -
Oil hits 2019 high on OPEC cuts, concerns over demand ease
Oil hit a 2019 high above $69 a barrel on Tuesday on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an ... Energy -
Oil rises further above $67 as OPEC cuts counter economic concern
Oil rose further above $67 a barrel on Tuesday as OPEC supply cuts and expectations of lower US inventories outweighed concern about weaker demand due ... Energy -
Oil rises to $67 on cuts to Saudi, Venezuelan exports
Oil rose to around $67 a barrel on Tuesday, supported by Saudi Arabia’s plan for further voluntary supply curbs in April and by a cut in oil ... Energy -
Oil gains as Saudi Arabia stands by OPEC cuts, US drilling drops
Oil prices rose on Monday, lifted by comments from Saudi Energy Minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June ... Energy -
Christine Lagarde: We have reset region’s growth forecast because of volatility
Christine Lagarde, managing director of the International Monetary Fund (IMF), spoke to Al Arabiya’s Lara Habib on the sidelines of the World ... Economy -
Libyan oil revenue dips to $2.4 billion in November
Libya’s oil and gas revenue dipped to $2.4 billion in November from $2.87 bln in October, but full-year revenue is expected to surge by 76 ... Energy -
OPEC ministers: Oil market likely to rebalance early 2019
Oil ministers from leading OPEC nations said Sunday they expect prices will arrest their recent slide and rebalance early next year, when a deal on ... Energy -
Oil price volatility: All eyes on the G20 meeting
The global oil markets have been in a state of shock, with price volatility and falls of 7-8 percent in one day becoming a new norm and causing a ... Middle East -
Oil price rises after news of Russian government's discussion of production cuts
Oil prices reversed course and rose by 2% on Thursday after sources said Russia had accepted the need for cuts in production together with OPEC. ... Energy -
OPEC will work to stabilize markets at next meeting, says Iraqi official
Iraqi Deputy Oil Minister Fayadh al-Nema said on Wednesday, that OPEC will work to stabilize oil markets, crude prices and supplies at its next ... Energy -
Kuwait: OPEC+ expects surplus of 1 mln barrels per day by 2019
Haitham al-Ghais, OPEC’s governor for Kuwait, revealed the organization’s expectations for the production of the countries outside the ... Energy -
India cuts gasoline, diesel prices to offset oil rise, rupee losses
India cut the retail prices of gasoline and diesel fuel by 2.50 rupees ($0.034) per liter, Finance Minister Arun Jaitley said on Thursday, the ... Energy -
Iraq oil exports from southern ports rise to 3.521 mln bpd in June
Iraq’s oil exports from the southern ports on Gulf averaged 3.521 million barrels per day (bpd) in June, slightly above the May average, the oil ... Energy -
Report: Saudi economy shows significant recovery after slowdown
The National Accounts publication of the first quarter of this year showed a significant recovery for the annual real GDP growth after it increased by ... Economy
