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Business / Energy

Oil tops $40 for 1st time since March on OPEC cuts, demand recovery 03 Jun 2020 - 12:01 pm
FILE PHOTO: A 3D printed oil pump jack is seen in front of the OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration/File Photo
Iran says it’s ready to defy US and send Venezuela more fuel 01 Jun 2020 - 05:27 pm
Peninsula
Iran’s fuel shipments to Venezuela face US threat 19 May 2020 - 03:28 pm
Peninsula
US oil returns to positive territory after crash 21 Apr 2020 - 10:00 am
The fearless girl statue and the New York Stock Exchange (NYSE) are pictured on April 20, 2020 at Wall Street in New York City. AFP / Johannes EISELE
Oil futures plunge below zero for first time in unprecedented wipeout 20 Apr 2020 - 10:19 pm
A pumpjack from energy company Signal Hill Petroleum is seen in Signal Hill, California. (AFP / Frederic J. BROWN / File photo)
Oil jumps as Trump talks up truce hopes for Saudi-Russia price war 02 Apr 2020 - 02:45 pm
(FILES) In this file photo taken on December 11, 2019, shows an oil tanker at the port of Ras al-Khair, about 185 kilometres north of Dammam in Saudi Arabia's eastern province overlooking the Gulf. AFP / GIUSEPPE CACACE
Fossil-fuel giant Russia tiptoes towards low-carbon future 27 Mar 2020 - 06:30 pm
A long exposure image shows the movement of a crude oil pump jack in the Permian Basin in Loving County, Texas, November 23, 2019. Reuters / Angus Mordant
Oil gains as governments pile on the economic stimulus 20 Mar 2020 - 01:15 pm
A long exposure image shows the movement of a crude oil pump jack in the Permian Basin in Loving County, Texas, November 23, 2019. Reuters/Angus Mordant
Plunging oil price is far from the economic balm it used to be 09 Mar 2020 - 09:14 pm
Oil pump jacks work at sunset near Midland, Texas, US, August 21, 2019. Reuters / Jessica Lutz
Oil prices plunge, hit by erupting Saudi-Russia oil price war 09 Mar 2020 - 06:34 pm
General view of Ras Tanura oil refinery and oil terminal of Saudi Aramco in Saudi Arabia, May 21, 2018. Reuters / Ahmed Jadallah
OPEC calls for big production cut, but will Russia agree? 05 Mar 2020 - 07:56 pm
FILE PHOTO:  A flag with the OPEC logo is seen during a meeting of OPEC and non-OPEC producing countries in Vienna, Austria, September 22, 2017. Reuters / Leonhard Foeger
Avoiding hugs, OPEC officials greet with their feet amid virus outbreak 04 Mar 2020 - 09:51 pm
Russian Energy Minister Alexander Novak and OPEC's Secretary General Mohammad Barkindo perform a
OPEC and allies to consider significant oil output cuts as coronavirus hits demand 03 Mar 2020 - 06:35 pm
The logo of the Organization of the Petroleum Exporting Countries-- OPEC-- is seen outside their headquarters in Vienna, Austria, December 7, 2018. Reuters / Leonhard Foeger
Oil prices on track for biggest weekly fall in four years 28 Feb 2020 - 06:10 pm
Investors are increasingly worried about an economic slowdown weighing on oil demand as the virus spreads beyond its epicentre in China to more than 40 other countries.
Oil Steady After 7-Day Rally on Supply Outlook and Stimulus Hope 20 Feb 2020 - 01:48 pm
A worker is seen at the central processing facility of the Rosneft-owned Priobskoye oil field outside the West Siberian city of Nefteyugansk, Russia, August 4, 2016. (Reuters / Sergei Karpukhin)
US blacklists Rosneft unit to choke off funds for Venezuela's Maduro government 18 Feb 2020 - 06:39 pm
A worker is seen at the central processing facility of the Rosneft-owned Priobskoye oil field outside the West Siberian city of Nefteyugansk, Russia, August 4, 2016. Reuters / Sergei Karpukhin
Each day, fossil fuel air pollution costs $8 billion 13 Feb 2020 - 10:58 pm
Peninsula
South Sudan ignores reports on oil pollution, birth defects 13 Feb 2020 - 09:40 pm
An armed member of the South Sudanese security forces is seen during a ceremony marking the restarting of crude oil pumping at the Unity oilfields in South Sudan, January 21, 2019. Reuters / Samir Bol