Inside efforts to avert environmental 'catastrophe' in the Red Sea
Moored five miles off the coast of Yemen for more than 30 years, a decaying supertanker carrying a million barrels of oil is finally being offloaded by a United Nations-led mission, hoping to avert what threatened to be one of the world's worst ecological disasters in decades.
2023-07-28 20:20
BP in Talks to Sell Turkish Gas Stations to Vitol’s Unit
Vitol’s Turkish fuel distribution company Petrol Ofisi is in advanced talks to buy BP Plc’s gas station network
2023-07-28 18:29
Oil Powers Toward Fifth Weekly Gain as Market Starts to Tighten
Oil headed for the longest run of weekly gains in more than a year on an improving macroeconomic
2023-07-28 14:17
Shell Pledges Extra Buybacks, Hikes Dividend as Profit Drops
Shell Plc’s second-quarter profit fell from the highs seen last year but the company pledged extra share buybacks
2023-07-27 15:52
As Russian oil crosses G7's price cap, US eyes soft enforcement
By Timothy Gardner and Laura Sanicola WASHINGTON The Biden administration is poised to increase outreach to western trading
2023-07-27 13:29
Oil Resumes Rally as Asian Equities Gain, US Inventories Decline
Oil advanced, tracking gains in wider Asian equity markets, after US crude inventories declined and the Federal Reserve
2023-07-27 11:24
Oil up as supply tightness view offsets concerns from rate hikes
By Katya Golubkova TOKYO Oil prices rose on Thursday as investors focused on expectations of tighter supplies from
2023-07-27 09:25
Pemex Chief Says Mexico to Refinance Its Debt to Avoid High Cost
Mexico will refinance Petroleos Mexicanos’s debt since it’s cheaper than if the state oil giant goes to the
2023-07-27 07:15
Nigeria Hikes Rates in First Test of Central Bank’s Autonomy
Nigeria’s central bank extended its longest cycle of monetary tightening in years, keeping the focus on fighting inflation
2023-07-26 18:19
Oil Edges Lower After Four-Day Climb With Fed Decision in Focus
Oil edged lower after a four-day rally of almost 6% as traders took stock of the advance and
2023-07-26 09:58
Oil prices ease after build in U.S. crude stockpiles
By Yuka Obayashi TOKYO Oil prices eased on Wednesday, sliding from three-month highs hit the previous day after
2023-07-26 09:19
Asian Equities Trade Mixed Ahead of Fed Meeting: Markets Wrap
Stocks in Asia traded mixed at the open on Wednesday as investors await the Federal Reserve’s rate decision.
2023-07-26 08:47