Category: Oil & Gas

Oil is off to the worst begin to a yr since 1991, tumbling 16% in January on concern that the unfold of coronavirus will curb demand for transportatio

LONDON (Reuters) - OPEC oil output plunged in January to a multi-year low as top exporter Saudi Arabia and other Gulf members overdelivered on a new p

Bloomberg/Moscow Russia’s oil production increased to a five-month high in January following an agreement with the Opec+ alliance to exclude

Oil majors are at the sharp end of the climate debate and face a bewildering balancing act to secure their futures. It’s a Catch-22 situation: to m

LONDON (Bloomberg) - OPEC’s latest forecasts suggested a weaker outlook for global oil markets this year as surging supplies from competitors from Nor

LONDON (Reuters) - Long-term expectations about oil prices remain firmly anchored around $65-70 per barrel, according to the latest annual survey of e

The world’s most-ambitious oil drillers are opening a new exploration frontier at perhaps the worst possible time. With a slew of large discoveries o

Just shy of $100 a barrel -- that’s the cost of a type of crude that’s become prized thanks to the scramble for cleaner-burning fuels. Australia’s