oil

Pompeo vows US will guarantee passage through Strait of Hormuz

by Jim MANNION WASHINGTON, United States (AFP) -- Secretary of State Mike Pompeo vowed Sunday that the US will guarantee…

Oil prices surge after suspected attacks on tankers

by Roland JACKSON NEW YORK, United States (AFP) -- World oil prices rose Thursday following suspected attacks on two tankers…

Saudi, UAE see sufficient oil supplies, rising stocks

JEDDAH, Saudi Arabia (AFP) -- OPEC kingpin Saudi Arabia and key producer United Arab Emirates said Sunday oil supplies were…

Oil producers meet to discuss output amid Iran tension

Major crude producers are set to meet Sunday to discuss how to stabilise a volatile oil market amid rising US-Iran…

Attacking Gulf oil routes exposes alternatives to Hormuz

by Omar Hasan DUBAI, United Arab Emirates (AFP) -- Attacks on Saudi and UAE oil assets built to bypass the…

Riyadh says oil facility attacks target world supplies

RIYADH, Saudi Arabia (AFP) -- Saudi Arabia said Wednesday that attacks on two of its oil tankers and a major…

Niger tanker truck blast toll rises to 76

NIAMEY, Nigeria (AFP) -- The death toll from a May 6 tanker truck explosion near the international airport in Niger's…

Toll from Niger tanker truck blast rises to 60: authorities

  NIAMEY, Niger (AFP) -- The death toll from a tanker truck explosion near the international airport in Niger's capital,…

Brent oil jumps above $75; stocks markets retreat

LONDON, United Kingdom (AFP) -- Brent North Sea crude hit a near six-month high above $75 per barrel Thursday on…

Oil prices jump as Trump cracks down on Iranian exports

by Richard CARTER NEW YORK, United States (AFP) -- Oil prices jumped to near six-month highs on Monday as the…

Algeria’s Bouteflika resigns after weeks of protests

Algeria's ailing leader Abdelaziz Bouteflika submitted his resignation with immediate effect, state media said Tuesday, ceding power in the face…

Cradle of Venezuela oil industry is a scene of desolation

by Margioni BERMÚDEZ MENE GRANDE, Venezuela (AFP) -- Greasy slicks continue to darken the ground in Mene Grande, a modest…

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