crude oil

CEO of Russia’s second biggest oil company resigns weeks after calling for end to war
World

CEO of Russia’s second biggest oil company resigns weeks after calling for end to war

One of Russia’s richest men has quit as CEO of Lukoil, the country’s second largest oil company. In a brief…
World’s top oil trader will stop buying Russian crude
World

World’s top oil trader will stop buying Russian crude

London (CNN Business) – Vitol Group, the world’s top independent oil merchant, will stop trading Russian crude oil and products…
Egypt to increase crude oil production, sign new agreements: Oil Minister
Business

Egypt to increase crude oil production, sign new agreements: Oil Minister

Egypt’s government will increase crude oil production to bridge declining domestic consumption through developing systems and procedures, offering bids, and…
Iran’s president: New oil field found with over 50B barrels
Middle East

Iran’s president: New oil field found with over 50B barrels

TEHRAN, Iran (AP) — Iran has discovered a new oil field in the country’s south with over 50 billion barrels…
UAE says it has world’s sixth-largest crude oil reserves
Middle East

UAE says it has world’s sixth-largest crude oil reserves

DUBAI, United Arab Emirates (AP) — The United Arab Emirates now says it is home to the world’s sixth-largest crude…
Iran dismisses US allegation it was behind Saudi oil attacks
Middle East

Iran dismisses US allegation it was behind Saudi oil attacks

DUBAI, United Arab Emirates (AP) — Iran denied on Sunday it was involved in Yemen rebel drone attacks the previous…
New US-led patrols in Persian Gulf raise stakes with Iran
Middle East

New US-led patrols in Persian Gulf raise stakes with Iran

DUBAI, United Arab Emirates (AP) — As the U.S. tries a new way to protect shipping across the Persian Gulf…
Environmental Agency files complaint against petroleum company due to Red Sea oil pollution
Environment

Environmental Agency files complaint against petroleum company due to Red Sea oil pollution

The Environmental Affairs Agency decided to file a complaint against the General Petroleum Company (GPC) in Ras Ghareb of the…
Oil rises for fifth straight day as market awaits Fed, stockpiles fall
Middle East

Oil rises for fifth straight day as market awaits Fed, stockpiles fall

TOKYO (Reuters) – Oil prices rose for a fifth day on Wednesday, buoyed by a bigger-than-expected drop in U.S. inventories…
Oil loses ground on jitters over economy, hint of MidEast tensions easing
Middle East

Oil loses ground on jitters over economy, hint of MidEast tensions easing

TOKYO (Reuters) – Oil prices fell on Monday as investors fretted over the outlook for global economic growth, while weekend…
Back to top button