oil

Crude futures rose one percent on Thursday after a report suggested that Saudi Arabia would propose a deal to balance…

Russia's defence ministry said on Wednesday it had proof that Turkish President Tayyip Erdogan and his family were benefiting from…

The German government has accused the Bashar al-Assad regime of buying oil from the Islamic state organization, which Damascus had…

The Nigerian National Petroleum Corporation (NNPC) has said it "may well be on the verge of a significant oil find"…

Italy's Eni will re-start an aggressive exploration campaign once crude prices rise to US$70 dollars a barrel, the company's chief…

Stocks in major world markets rose to a two-month high on Friday and the dollar ticked up, boosted by views…

The Italian Eni company has announced in a statement that it won two concessions to explore oil on the Egyptian…

The transition from fossil fuels must be carefully managed to avoid an economically disastrous bursting of the "carbon bubble," the…

Egypt will search for oil outside its own borders for the first time after signing an agreement with Kuwait Energy…

At least 85 people were killed in South Sudan when a crowd tried to gather fuel from an oil tanker…