oil

‘Axis of love’: Saudi-Russia detente heralds new oil order
World

‘Axis of love’: Saudi-Russia detente heralds new oil order

A meeting between the two men who run Russia and Saudi Arabia’s oil empires spoke volumes about the new relationship…
Oil prices dive 3 percent to three-week low; OPEC crude output up
Business

Oil prices dive 3 percent to three-week low; OPEC crude output up

Oil prices sank 3 percent to a three-week low on Wednesday as an increase in Libyan output helped boost monthly…
Oil falls as rising Libyan, US output undermines cuts
Business

Oil falls as rising Libyan, US output undermines cuts

Oil prices fell by 1 percent on Wednesday as rising Libyan production fueled concerns that OPEC-led output cuts are being…
OPEC likely to extend production cuts into next year
Business

OPEC likely to extend production cuts into next year

OPEC countries and other producers including oil giant Russia are backing prolonging last year’s production cut to shore up crude…
OPEC likely to extend output cuts, but price relief elusive
Business

OPEC likely to extend output cuts, but price relief elusive

OPEC oil ministers meeting this week appear damned if they don’t extend production cuts — and only slightly less damned…
US plan to sell oil reserves undermines OPEC supply management efforts
Business

US plan to sell oil reserves undermines OPEC supply management efforts

US President Donald Trump’s proposal to sell half of the United States’ strategic oil reserve surprised energy markets on Tuesday…
Tunisia forces clash with protesters, one killed, stations burned
Middle East

Tunisia forces clash with protesters, one killed, stations burned

Tunisian security forces firing teargas clashed with protesters on Monday after they burned down two police stations following the death…
What’s next for Iran after President Hassan Rouhani’s win?
Middle East

What’s next for Iran after President Hassan Rouhani’s win?

After Iranian President Hassan Rouhani’s electoral victory Saturday, what’s next for the Islamic Republic? Here’s some things to watch for:…
Tunisia protesters close oil pumping station after army standoff
Middle East

Tunisia protesters close oil pumping station after army standoff

Tunisian protesters shut an oil pumping station that feeds a coastal terminal on Saturday after a standoff with troops, escalating…
Saudi Aramco to sign deals with US firms during Trump visit: sources
Business

Saudi Aramco to sign deals with US firms during Trump visit: sources

Saudi Aramco [IPO-ARMO.SE] is due to sign deals with 12 US companies on Saturday during US President Donald Trump’s visit…
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