oil

Saudi oil minister reaffirms OPEC output squeeze

RIYADH, Saudi Arabia (AFP) -- Saudi Energy Minister Khaled al-Faleh said Monday that oil producing nations could start discussing in…

Venezuela arrests former oil bosses in corruption purge

by Alexander Martinez Agence France-Presse CARACAS, Venezuela (AFP) -- Venezuela's military on Thursday arrested the country's former oil minister and the ex-chief…

Oil producers set to maintain squeeze

by Joseph Sotinel and Simon Sturdee Agence France Presse VIENNA, Austria (AFP) -- Oil-producing nations inside and outside OPEC are…

Venezuela suffers another blow as PDVSA declared in default

  NEW  YORK, United States (AFP) -- Crisis-plagued Venezuela suffered another blow Thursday as a committee of creditors ruled that state oil…

Asia markets mostly up but traders on edge after losses

HONG KONG, China (AFP) -- Most Asian markets edged up on Thursday after a recent sell-off across global markets but…

Global markets falter on US tax cut doubts, oil glut fears

NEW YORK, United States (AFP) -- Global stocks were pressured Tuesday by nagging doubts about US tax reform and worries…

Saudi Aramco signs energy deals worth nearly $4.5 billion

RIYADH, Saudi Arabia (AFP) -- Saudi Aramco on Thursday signed agreements worth nearly $4.5 billion with multinational oil and gas…

Global stock rally pauses on Saudi tensions, profit-taking

NEW YORK, United States (AFP) -- Wall Street's vaunted Dow Jones Industrial Average was a lonely bright spot in the…

Oil surges as Saudi Arabia, Iran trade accusations

SINGAPORE, Singapore (AFP) -- Oil prices made rapid gains overnight as geopolitical tensions surged between Saudi Arabia and Iran, sparking…

IMF tells Gulf states to speed up switch from oil

by Omar Hasan Agence France-Presse DUBAI, United Arab Emirates (AFP) -- The International Monetary Fund on Tuesday advised energy-rich Gulf…

OPEC chief welcomes rebalancing of oil market

LONDON, United Kingdom (AFP) -- OPEC secretary general Mohammed Barkindo welcomed Thursday the rebalancing of the world oil market, hinting…

Oil producers may not need to extend cuts: Kuwait

KUWAIT CITY, Kuwait (AFP) -- Oil producers may not need to roll over a deal to cut production beyond March…

This website uses cookies.