The largest gasoline pipeline in the United States remained shut off Tuesday in the southern state of Alabama following an explosion that killed one and injured five, as crews battled to control the resulting wildfire.
OPEC officials held talks with Russia and other non-cartel members Saturday in Vienna to debate how to implement a plan aimed at cutting oil output to reduce a global supply glut and bolster prices.
Iran will launch the first tenders to develop oil and gas projects "within two months", a top official said on Wednesday.
Iran is not ready to agree to an oil output freeze in Algiers, its Oil Minister Bijan Zanganeh said Tuesday on the eve of an informal OPEC meeting in Algeria's capital.
Conflict-hit Libya could run out of money next year without a swift resumption of oil exports, the head of the country's National Oil Corporation (NOC) warned on Thursday.
Gunmen have kidnapped 15 oil workers on a road near Nigeria's oil hub of Port Harcourt, police said on Saturday, in the latest unrest in the restive region.
A newly emerged armed group has said it had made good on threats to Nigeria's vital oil industry by blowing up a major pipeline and warned that more attacks were to come.
The United Kingdom’s decision last month to leave the European Union — Brexit — triggered volatility in global financial markets, but also left investors with more questions than answers as to the future of the Eurozone and the UK’s role outside it.
Oil’s big rebound in the first half of the year was a squandered opportunity for most hedge funds with positions in crude...
Vladimir Putin’s government is considering shifting the burden of oil taxes from the point of export to the point of extraction...
Oil prices fell sharply yesterday as news of increased production from Nigeria and a jump in overall Opec output stoked fears of the crude...
Oil prices stabilized on Monday as market participants better absorbed the shock of last week's vote in Great Britain to leave the European Union and recognised the referendum would have little effect on global fuel demand.
