energy

COVID-19 to cause record emissions fall in 2020: IEA

by Patrick GALEY Agence France-Presse PARIS, France (AFP) — COVID-19 is expected to cause global energy emissions to fall a record…

US crude falls below $15 a barrel as virus throttles demand

SINGAPORE, Singapore (AFP) -- US crude crashed to below $15 a barrel on Monday, its lowest level for over two…

Saudi total oil curbs could reach 19.5 million barrels

RIYADH, Saudi Arabia (AFP) -- Oil output cuts by OPEC and its allies, together with pledges from other G20 nations…

Oil prices rise as Trump flags deeper output cuts

SINGAPORE, Singapore (AFP) -- Oil prices rose Tuesday after US President Donald Trump said producers are considering cutting 20 million…

Oil rebounds from four-year lows

SINGAPORE, Singapore (AFP) -- Oil rebounded Tuesday as investors bought at bargain levels after prices plunged to four-year lows as…

Oil prices fall around 6% after Trump virus address

SINGAPORE, Singapore (AFP) -- Oil prices plunged about six percent Thursday after US President Donald Trump announced a 30-day ban…

Saudi to boost oil output capacity by 1 million barrels per day: Aramco

RIYADH, Saudi Arabia (AFP) -- Energy giant Saudi Aramco said Wednesday it plans to raise its crude production capacity by…

Oil prices claw back ground after crash

  SINGAPORE (AFP) -- Oil prices surged more than six percent in Asian trade Tuesday following heavy losses a day…

Oil down about 20 percent after Saudi price cuts

SINGAPORE, Singapore (AFP) -- Oil plunged about 20 percent Monday after top exporter Saudi Arabia made deep price cuts following…

COVID-19 causing first drop in oil use in decade: IEA

  by Richard LEIN Agence France Presse Global oil demand will suffer its first quarterly drop in a decade as…

Saudi Aramco raises $25.6 billion in biggest-ever IPO

by Anuj Chopra with Luc Olinga in New York RIYADH, Saudi Arabia (AFP) -- Saudi Aramco on Thursday priced its…

Saudi Aramco outlines risks and strengths ahead of IPO

RIYADH, Saudi Arabia (AFP) -- Energy giant Saudi Aramco, the world's largest company, has lifted the lid on its secretive…

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