world oil prices
Oil heads for third week of gains as sentiment turns upbeat
Business
April 22, 2016
Oil heads for third week of gains as sentiment turns upbeat
Oil prices rose on Friday towards US$45 a barrel, heading for a third straight week of gains as market sentiment…
Oil rises as Kuwaiti oil workers strike cuts output for third day
Business
April 19, 2016
Oil rises as Kuwaiti oil workers strike cuts output for third day
Oil prices rose on Tuesday as an oil workers strike in Kuwait nearly halved crude production from the OPEC member,…
Oil back below $40 as Iran dashes hopes for quick deal on output
Business
March 14, 2016
Oil back below $40 as Iran dashes hopes for quick deal on output
Oil fell around 2 percent on Monday after Iran dashed hopes that there would be a coordinated production freeze any…
IEA says oil prices might have bottomed out
Business
March 11, 2016
IEA says oil prices might have bottomed out
Oil prices might have bottomed as output in the United States and other non-OPEC producers is beginning to fall quickly…
Iran could decide fate of first global oil deal for 15 years
Business
February 17, 2016
Iran could decide fate of first global oil deal for 15 years
The fate of the first global oil deal in 15 years could be decided on Wednesday when OPEC members travel…
Saudis, Russia agree oil output freeze, talks with Iran to follow
Business
February 16, 2016
Saudis, Russia agree oil output freeze, talks with Iran to follow
Top global oil exporters including Russia and Saudi Arabia agreed on Tuesday to freeze output to tackle a global glut…
Oil edges down; weak China trade data drags
Business
February 15, 2016
Oil edges down; weak China trade data drags
Brent and US crude futures edged lower on Monday as the dollar regained ground and as weak Chinese trade data…
Oil prices fall; Iran, China to discuss supplies
Business
April 7, 2015
Oil prices fall; Iran, China to discuss supplies
Brent crude prices fell almost US$1 a barrel on Tuesday, with an Iranian delegation in Beijing this week to push…
Analysis: Iran nuclear deal may open oil taps in months, not weeks
World
March 17, 2015
Analysis: Iran nuclear deal may open oil taps in months, not weeks
A possible deal over Iran's nuclear program that would phase out economic sanctions against Tehran is unlikely to flood world…
Mideast, N. Africa ‘to invest $755 bn in energy to 2019’
World
February 4, 2015
Mideast, N. Africa ‘to invest $755 bn in energy to 2019’
Middle Eastern and North African states are expected to invest $755 billion in energy projects over the next five years…