oil

Oil price rises as OPEC boosts output more than expected

Oil prices rose Thursday even as major crude producers agreed to boost output by more than the usual amount following…

EU leaders agree ban on most Russian oil imports

  by Max DELANY Agence France Presse EU leaders on Monday backed a ban on most Russian oil imports, after…

Hungary says EU’s Russia oil ban proposal crosses ‘red line’

  BUDAPEST, Hungary (AFP) -- Hungarian Prime Minister Viktor Orban on Friday blasted European Commission head Ursula von der Leyen…

OPEC+ eye modest supply boost as demand dented by China Covid rules

  by Anne BEADE, with Emeline Burckel in London Agence France Presse VIENNA, Austria (AFP) -- OPEC+ members meeting on…

EU eyes Russian oil import ban as Moscow strikes western Ukraine

  by Joshua Melvin with Alex Pigman in Brussels Agence France Presse ZAPORIZHZHIA, Ukraine (AFP) -- The European Commission proposed…

Markets, oil prices fall on weak Chinese data

  PARIS, France (AFP) -- Stock markets and oil prices fell in holiday-thinned trade Monday as traders digested weak Chinese…

Oil prices sink more than 5% on China demand fears

  LONDON, United Kingdom (AFP) -- World oil prices sank more than five percent Monday on fears that China's worsening…

Nigerian oil blast kills at least 80

by Joel Olatunde AGOI Agence France Presse LAGOS, Nigeria (AFP) -- An explosion at an illegal oil refinery in southern…

Bigger oil price hike looms on April 26; gas, diesel prices to increase by at least P3 per liter

  (Eagle News) – Another oil price hike is set next week where gasoline and diesel prices are set to…

Oil prices up as traders weigh demand and supply issues

  HONG KONG, China (AFP) -- Oil began inching upward on Thursday after a day of losses over demand concerns…

Philippines halts oil and gas exploration in disputed South China Sea

  Manila has suspended oil and gas exploration in the South China Sea, Philippine President Rodrigo Duterte's spokesman said Wednesday,…

Oil stabilises after big drop on IMF growth cut

  HONG KONG, China (AFP) -- Asian markets were flat on Wednesday as oil began clawing its way back up…

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