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Sources from the producer group say it will extend its latest round of output cuts until the end of the first quarter at its Dec. 5 meeting SINGAPORE - Oil prices were little changed on Tuesday, trad ......
The strikes have caused power outages for more than a million people. Russia has launched a series of strikes on Ukraine’s energy infrastructure, exacerbating the power crisis across the country – the ......
OiL prices steadied on Monday following 6% gains last week, with mounting tensions between Western powers and major oil producers Russia and Iran raising fears of supply disruptions and keeping a floo ......
Oil prices edged up about 1% to a two-week high on Friday as the intensifying war in Ukraine this week boosted the markets geopolitical risk premium. Brent futures rose 66 cents, or 0.9%, to $74.89 a ......
Brent crude futures, which have rolled to the January contract, climbed $1.31, or 1.80%, to $74.12 a barrel SINGAPORE - Oil prices extended gains on Friday, climbing more than $1 a barrel to pare week ......
The group had been due to raise output in December as part of a plan to gradually unwind a total of 2.2mln bpd of production cuts over 2025 (The opinions expressed here are those of the author, a colu ......
The European Bank for Reconstruction and Development (EBRD) is lending €25 million to the city of Kharkiv in north-eastern Ukraine. The loan will help ensure the provision of vital municipal services ......
Brent crude futures climbed 44 cents, or 0.6%, to $71.86 a barrel TOKYO: Oil prices edged up on Tuesday, after a sharp plunge in the previous session, as a U.S. plan to purchase oil for the Strategic ......
Iran’s missile attack on Israel has heightened geopolitical risk in the Middle East, causing global oil prices to rise amid fears of supply disruptions. US crude oil prices surged about 5 percent on ......
Brent crude futures increased 64 cents, or 0.87%, to $74.54 a barrel Oil prices ticked higher in early trade on Thursday as investors weighed the escalating conflict in the Middle East and the potenti ......