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Oil & Gas
As West Shuns Moscow, Officials Say India Eyes More Cheap Russian Oil
India may take up a Russian offer to buy crude oil and other commodities at a discount.
Oil & Gas
Oil Expected to Stay Above $100 Amid Russia-Ukraine Crisis and Demand Push
The upside will remain limited above the $130 per barrel mark, while the $100 per barrel will be an important support to watch.
Oil & Gas
Oil Declines as Iran, Russia and Fed Jostle for Limelight
Oil resumed its decline after Iran carried out a missile strike in Iraq following the suspension of nuclear talks, while Russia’s bombardment of Ukraine prompt
Oil & Gas
Can OPEC Help Manage the Ongoing Crude Price Rally with Its Spare Capacity?
The group needs to reassure consumers as to how much spare capacity it holds and that it is ready to use it in an emergency.
Oil & Gas
Could Oil Prices Really Hit $200?
Commodity prices, including oil and natural gas, are all over the place.
Oil & Gas
Reluctance to Buy Russian Crude Could Cause Long-Term Output Problems
Standard Chartered: continuing consumer reluctance to buy from Russia and shortages of capital, equipment, and technology will impact Russian oil output.
Oil & Gas
Oil Prices Fall, Continuing Downward Trend From Last Week
Oil prices fell on Sunday at the start of the session, extending last week’s decline, as a U.S. official said Russia was showing signs it might be willing to h
Oil & Gas
Oil Price Shock Jolts Global Recovery as Economic Impact of Russia’s Invasion Spreads
The highest oil prices since the 2008 financial crisis are dealing a heavy blow to the global economy, slowing Europe’s pandemic recovery to a near stall and c
Video
Petrol Prices to ‘Keep Climbing’
Sky News business reporter Edward Boyd says US inflation has hit a 40 year high, with fuel prices up 38 per cent.
Oil & Gas
Oil Extends Losses; Russia to Fulfil Supply Contracts
Oil extends losses by nearly 2% after 13% plunge on Wednesday. Russia pledges to fulfil contractual obligations
Oil & Gas
Oil Futures: Brent Rebounds amid OPEC+ Output Uncertainty, Above $ 115/b
Crude oil futures in early European trading hours Thursday were trending higher as markets stabilized after the previous session's huge price retreat, which cam
Oil & Gas
EIA Hikes Oil Price Forecast To $105 This Year
The Energy Information Administration (EIA) said in its latest Short-Term Energy Outlook (STEO), significantly raising its February forecast of $82.87 after Rus
Oil & Gas
UAE, Saudi Arabia Decline Talks with Biden amid Oil Price Surge
Crown Prince Mohammed bin Salman of Saudi Arabia and Sheikh Mohammed bin Zayed declined requests for direct communication with President Biden in recent weeks.
Oil & Gas
Sinopec Keeps Refinery Operations 'Fairly High' to Ensure Fuel Supply
China's Sinopec is running its refineries at "fairly high" operational rates, the firm said, seeking to ensure steady fuel supply in the country amid tight glob
Oil & Gas
Price Hikes Won't Hit Petrol Demand
The domestic retail rates of petrol and diesel have remained unaltered since the beginning of November. Oil marketing companies are widely expected to raise pri
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