oil
‘Axis of love’: Saudi-Russia detente heralds new oil order
World
June 1, 2017
‘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
June 1, 2017
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
May 31, 2017
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
May 25, 2017
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
May 24, 2017
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
May 23, 2017
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
May 23, 2017
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
May 21, 2017
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
May 21, 2017
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
May 18, 2017
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…