oil

America is finally cleaning up its abandoned, leaking oil wells

by Chris Stein Agence France-Presse WASHINGTON, D.C., United States (AFP) - Bill Suan bought his family's cattle farm in the…

Equities rise as Federal Reserve chief soothes rate fears, oil close to $120

Brent oil hits $119.84 a barrel for the first time since early 2012   HONG KONG, China (AFP) -- Stocks…

Europe gas price hits record high on Ukraine conflict

LONDON, United Kingdom (AFP) -- European gas prices surged by around 50 percent Wednesday to a record high on supply…

Oil tops $113, equities sink on Ukraine war fears

  Crude surged past $113 a barrel Wednesday and equities sank with investors growing increasingly fearful about the Ukraine war's…

Saudi oil giant Aramco shares hit record level since listing

RIYADH, Saudi Arabia (AFP) -- Saudi energy giant Aramco's shares rose to a record high on Wednesday amid a surge…

Sri Lanka runs out of fuel as dollar crisis worsens

COLOMBO, Sri Lanka (AFP) - Sri Lanka's public transport was crippled Wednesday as buses ran out of diesel, officials said…

Biden says US will contribute half of 60 million emergency oil barrel release

WASHINGTON, United States (AFP) -- The United States will contribute half of the 60 million barrels of oil International Energy…

Oil tops $110, equities sink on rising Ukraine war fears

HONG KONG, China (AFP) -- Crude surged past $110 a barrel Wednesday and equities sank with investors growing increasingly fearful…

ExxonMobil says withdrawing from key Russian oil field

NEW YORK, United States (AFP) - US oil giant ExxonMobil announced Tuesday it will begin a phased withdrawal from the…

URGENT: WTI oil price soars more than 10% on Ukraine fallout

US benchmark oil contract, West Texas Intermediate, soared more than 10 percent in value Tuesday, as Ukraine's invasion by key…

Oil market hits 2014 peak on Ukraine crisis

LONDON, United Kingdom (AFP) -- World oil prices jumped Tuesday with WTI crude hitting a fresh 2014 peak, as traders…

Oil soars, ruble dives on fallout from Russia sanctions

NEW YORK, United States (AFP) -- Oil prices surged Monday while the ruble collapsed and global stocks mostly retreated after…

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