oil

Russia says oil price cap will not stop Ukraine offensive

Moscow, Russia (AFP) Russia shrugged off a Western-imposed price cap on its oil exports on Monday, warning that it would…

OPEC+ agrees to keep output levels unchanged

Vienna, Austria (AFP) by Kiyoko Metzler, with Emeline Burckel in London Major oil-producing countries led by Saudi Arabia and Russia…

OPEC set to stick or cut more amid plan to cap Russian oil price

London, United Kingdom (AFP) Major oil producers are expected to stick to their current output strategy or even slash production…

G7, EU agree oil price cap to reduce Russia war funding

  Brussels, Belgium (AFP) by AFP correspondents, with Dave Clark in Brussels The G7 and EU on Friday agreed a $60-per-barrel…

EU cap on Russian oil price on hold as Poland urges lower price

  Bruxelles, Belgium (AFP) by Daniel ARONSSOHN The West's plan to starve Russia of resources to fight its war in…

Large hydrocarbon deposit discovered off Angolan coast

  Luanda, Angola | AFP | A large hydrocarbon deposit has been discovered off the shore of Angola's capital Luanda…

Big-time hike on gasoline; minimal rollback for diesel, kerosene

By Kris Crismundo  Philippine News Agency MANILA – Oil companies will implement price adjustments on petroleum products starting Tuesday. In…

Biden to release 15 mln barrels from US oil reserves: official

  Washington, United States | AFP | President Joe Biden will announce Wednesday he's putting the final 15 million barrels…

US and Saudi Arabia clash in public over oil cut, Russia

by Aurélia End  Agence France-Presse WASHINGTON, United States (AFP) -- The United States and Saudi Arabia traded bitter barbs Thursday…

Shell shares slide on hit to refining profit

LONDON, United Kingdom (AFP) - Shares in energy giant Shell slid Thursday after revealing that third-quarter profit would be hit…

Markets drop as Fed hike looms, Putin move lifts dollar and oil

HONG KONG, China (AFP) -- Stocks fell Wednesday ahead of what many expect to be a third successive jumbo rate…

Diesel, kerosene price rollback set on Tuesday, Sept. 20, but gasoline prices remain unchanged

Third straight week of price rollback for diesel, kerosene   (Eagle News) – Various oil companies will rollback prices of…

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