Shell to write down up to $22 billion in assets as pandemic rocks big oil
Oil giant Royal Dutch Shell said on Tuesday it will write down the value of its assets…
Libyan oil exports interrupted, output may be cut by half
Oil shipments were halted from at least three ports in Libya, according to people familiar…
OPEC gives gloomy outlook for oil for the remainder of 2019 with challenges in 2020
OPEC released a statement on Friday stating that it expects a downbeat oil-market for the…
Oil tankers attacked in Gulf of Oman – urgent warnings issued after ‘torpedoes used’
There were explosions on the Front Altair and Kokuka Courageous and the crews were evacuated,…
Oil plunges 5% on weak economic data and moderating Iran tension
Oil prices fell more than 5% on Thursday, extending steep losses in the previous sessions,…
Oil prices jump as Saudi energy minister reports drone ‘terrorism’ against pipeline infrastructure
DUBAI — Oil prices rose sharply Tuesday morning on reports of a drone attack at…
The oil-reliant United Arab Emirates is betting big on tech start-ups and A.I.
The United Arab Emirates (UAE) is furthering its push into technology and artificial intelligence, in a bid…
Japan has started process of importing Iranian oil, according to Tehran
Japan has started the process of importing Iranian oil, which was suspended due to U.S. sanctions, the governor of…
Oil surges 10% after the settle, rebounding with stocks from Christmas Eve sell-off
Oil surged on Wednesday, posting its strongest daily gain in more than two years in…
OPEC’s oil production dips in November as Iranian output plunge offsets Saudi surge
Oil production from OPEC nations dipped in November, as a sharp drop in Iranian supplies offset a…