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Brent futures fell 28 cents to $80.90 a barrel by 0001 GMT. U.S. West Texas Intermediate crude (WTI) lost 31 cents to $76.35 a barrel.

Crude-oil prices fell Thursday as continued bearish sentiment from Wednesday's inventory report prevailed in the absence of new drivers in the market.

European authorities have raided offices of oil majors Shell, BP and Statoil as part of a probe into suspected manipulation of oil prices, one of the biggest...

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THE judicial manager of Technics Oil and Gas Ltd said the company has been granted an extension of time from the Accounting and Corporate Regulatory Authority...

[NEW YORK] Oil prices rose about 2 per cent on Thursday as signs Saudi Arabia and Russia would limit production through next year pushed the US benchmark back...

Demand for edible oils was robust during the festival season, prompting refiners to replenish their inventories, said Rajesh Patel, managing partner at GGN...

A DROP in electronic shipments dragged Singapore's non-oil domestic exports down 0.2 per cent from a year ago in May, against market expectations of a 2.3 per...

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The underlying problem for the industry is the misalignment of supply and demand. The coronavirus pandemic has wiped out consumer need for oil.

[WASHINGTON] The United States said on Tuesday it would release 50 million barrels of oil from strategic reserves in a coordinated move with China, India,...

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Enbridge Line 5 pipeline expansion putting environment at risk?

Taking pictures on an offshore oil rig is serious business. For starters, due to the risk of flammable gas coming up the oil well, normal electronics are

Oil prices wavered between gains and losses Wednesday after government data showed a decrease in U.S. crude inventories and as major oil producing nations met...

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Jan 3, 2026 - Venezuelan President Nicolás Maduro has been captured and flown out of the country following a largescale US strike on Caracas, leaving behind uncertainty for...

US sanctions against Iran mean India is losing out on a key source of cheap oil, likely hurting government finances.

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Shares of energy producers fell as the divergence between oil prices and gasoline prices caused by Tropical Storm Harvey continued.

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[NEW YORK] Oil prices surged 4 per cent to a three-week high on Monday, bolstered by growing conviction that major oil producing countries would agree next...

IEA forecasts published on Thursday indicated that global oil supply will exceed demand by 3.8 million barrels per day next year

Despite its industry-leading track record of exploration success, even Statoil sometimes encounters dry wells.

[NEW YORK] Oil prices rose on Tuesday, supported by signs that producers are following through on commitments to cut supplies and as fuel demand picks up with...

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The safety measures that usually define offshore oil exploration have not prevented an increase in accidents in Brazil. In 2024, the sector recorded the...

Oil prices slipped on Thursday, further backing off from 2015 peaks hit earlier in the week as tension around northern Iraq following the Kurdistan region's...

IN the battle for supremacy between the world's two largest oil exchanges, one of them is enjoying a turbo charge from the US government.

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Oil prices fell on Monday after Iraq said it wanted to be exempt from an OPEC production cut, though prices drew some support from a rally in Wall Street...

[NEW YORK] Exxon Mobil reported another large quarterly loss Friday on a plunge in oil prices due to economic weakness that has prompted petroleum giants to...

Bath Oil Market report summaries detailed information by top playesr as Estee Lauder Inc., Dr. Teals, Hempz, Avon Products Inc., Viva Naturals, Alpha Keri,...

[NEW YORK] Oil prices edged higher on Wednesday as stocks and the dollar bounced back from a huge early slide following Donald Trump's surprise victory in the...

[HOUSTON] Oil prices settled down around 4 per cent on Thursday ending a five-day streak of gains after US President Donald Trump said the crackdown on...

Shares of energy producers declined amid doubts about the sustainability of the recent oil rally.

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Oil executives are showing up for the second year running despite political tensions, Western sanctions

Cold winter has raised power, heating demand, forcing utilities to burn more fuel oil in order to meet demand

[SINGAPORE] Oil prices edged up in Asia on Thursday, lifted by bargain-hunting following a sharp decline the day before, although analysts said the market...

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The rated oil and gas companies, Fitch said, have a significant proportion of foreign currency-denominated debt.

Oil prices fell on Thursday after OPEC said its production had risen to the highest level in at least eight years and following reports of an increase in U.S....

May 6, 2025 - Discover tailored energy solutions for your commercial business at Eastern. From efficient heating to renewable energy options, we provide comprehensive...

OIL prices rose about 1 per cent on Thursday, holding at three-week highs after Opec+ agreed to tighten global supply with a deal to cut production targets by...

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State oil firm says North Korean-flagged vessel that tried to ship oil from rebel-held port is under government control.

Crackdown ordered by President Prabowo Subianto is the biggest structural change in the sector

Cairn India has been operating for more than 20 years playing an active role in developing India's oil and gas resources

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[OSLO] What is 47 billion barrels in oil and gas really worth in an age where renewable sources are increasingly filling the world's energy needs?

U.S. crude and Brent each gaining 3 percent on Monday

[NEW YORK] US stocks finished modestly higher Monday as gains in tech shares offset weakness in petroleum-linked equities following weak Chinese economic data.

Oil futures extended Tuesday's decline in early Asian trading Wednesday amid a broader risk-off move in markets as tensions between the U.S. and North Korea...

Oil prices fell Tuesday as the Organization of the Petroleum Exporting Countries planned to discuss a proposal to cut the group's production but Saudi Arabia's...

OIL demand will grow at a "healthy pace" over the next five years as renewables show the fastest expansion of any type of energy, the head of the Organization...

May 6, 2024 - Oil and gas industry resistance to transition is a major investment risk for the industry and its stakeholders - as new technologies develop around them...

Decker Jones, PC, a full service law firm with 26 lawyers in 10 practice areas including commercial litigation, estate planning, oil & gas, employment and...

WION (World Is One News) brings latest & breaking news from South Asia, India, Pakistan, Bangladesh, Nepal, Sri Lanka and rest of the World in politics,...

[VIENNA] Opec sought Wednesday to defy expectations and finalise a deal reducing its oil output for the first time in eight years, in an effort to boost...

OIL prices jumped over 2 per cent to a 13-week high on Wednesday as US demand for petrol keeps rising despite record pump prices, while expectations that...

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TROUBLED Noble Group issued its third back-to-back quarterly profit warning for the current financial year, this time flagging massive potential net losses of...

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Oil futures continued to decline Friday after data from Baker Hughes revealed that the number of active U.S. rigs drilling for oil climbed by 7 to 414 rigs...

Jan 5, 2026 - President Donald Trump said he’s counting on American companies to rebuild Venezuela’s battered oil industry.

State-run Sovcomflot transported about a fifth of all Russia's crude deliveries to India last year

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The Schork Group principal Stephen Schork weighs in on oil markets as gas prices remain at elevated levels and explains his fears amid the economic landscape.

KrisEnergy Ltd on Thursday said it has begun oil production from the Nong Yao field in Thailand.

Oil demand this year will approach 106 million barrels per day after averaging about 104.6 million barrels per day in 2024, he said

Rosneft Oil Co. (ROSN.MZ) on Monday said it finalized a deal to buy nearly half of Mumbai-based Essar Oil Ltd. (500134.YY), enabling the Russian company to...

Big movements in the price of oil can have significant impact on the economy.

[NEW YORK] Oil prices slipped more than 1 per cent on Friday after an oil worker strike in Norway ended, which should boost crude output even as Hurricane...

Oil and Gas stocks were trading in green, with the BSE Oil & Gas index increasing 77.77 points or 0.3% at 25874.85 at 09:42 IST.

[HOUSTON] Some oil ports, producers and refiners in Louisiana, Mississippi and Alabama that shut facilities ahead of Hurricane Nate were planning reopenings as...

[VIENNA] Opec officials dismissed comments from Wall Street bank Morgan Stanley on Monday that the Organization of the Petroleum Exporting Countries may raise...

Oil prices rose for the fifth straight session on Tuesday, after U.S. Federal Reserve Chairman Ben Bernanke left the door open for more monetary stimulus.

[NEW YORK] Oil prices surged on Tuesday as traders girded for a bullish US crude storage report and the government lowered its forecast for American production...

Saudi Arabia has tried to reassure the world that it will quickly recover from the drone attacks on its oil plants.

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Oil and gasoline futures both posted gains on Friday after strong data from the U.S. and China offset worries about Europe's debt crisis and the fiscal cliff.

Jan 15, 2026 - The United States has completed its first sale of Venezuelan oil, valued at $500 million, according to an administration official.

[SINGAPORE] Zhang Nie, the Singapore oil trading head of Chinese state trader Unipec has resigned from the company after working there for 10 years, industry...

President of Lipow Oil Associates Andy Lipow discusses the impact on the oil and gas market from geopolitical tensions, the data national average of gas prices...

The cost of oil reportedly went up after the Kingdom had decided to extend the voluntary cut in oil production by 1 million barrels per day through September

[SINGAPORE] The tax drone cometh. Above the vast forests of oil-palm and rubber trees in Sumatra and the scattered tin mines on islands to its east, the...

[TOKYO] Asian stocks extended their record climb on Tuesday, taking the baton from Wall Street where gains for oil companies and financials helped the Dow...

[MAM ROSTAM, Iraq] Iraq's Kurdish region has for decades lived off its oil wealth, but plummeting energy prices amid the pandemic and financial mismanagement...

The American family is changing. While birth rates continue to decline, pet ownership is on the rise. Data shows a significant shift, with the number of dogs...

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