Saudi signs $50bn agreements in oil, gas infrastructure

Saudi Arabia on Tuesday signed deals worth more than $50 billion in oil, gas, infrastructure and…

Oil boom, the greedy few and crushing burden of subsidy

For the first time in two years, oil prices have risen steadily from $30 per barrel…

Oil washes ashore in France after ship collision

Some of France’s spectacular Riviera beaches have been shut as volunteers with shovels and sacks try…

Iranian tanker discharges oil in China ahead of U.S. sanctions

A vessel carrying 2 million barrels of Iranian oil discharged the crude into a bonded storage…

Oil falls as U.S. mulls waivers on Iran crude sanctions

Brent crude oil prices on Monday fell more than 1 percent after the United States said…

Nigeria’s Oil, gas export sales up by 36%

The Nigerian National Petroleum Corporation (NNPC) says a total of crude oil and gas export sales…

Oil dips as Saudi, Russia agree on output hike

Crude oil prices slipped on Thursday from four-year highs reached the previous session, pressured by rising…

Iran sanctions: Oil rises to four-year high

Crude oil on Wednesday traded above $85 a barrel and neared a four-year high, supported by…

Navy arrests 14 suspected oil, diesel smugglers

No fewer than 14 men have been arrested by the Nigerian Navy for smuggling adulterated diesel…

Venezuela to increase China oil exports to one million bpd

Venezuela is to increase its oil exports to China to one million barrels per day, President…

Iran: Oil market too tight for U.S. zero exports target

Iran said on Friday the U.S. will find it difficult to cut Iran’s oil exports completely…

Oil dips over U.S.-China trade concerns

Crude oil prices on Monday fell on concerns the U.S.-China trade dispute will erode global economic…