As per the website of ADNOC, Murban is a light sweet crude oil produced by the company, which was discovered at the Murban ...

The logo of China National Offshore Oil Corp (CNOOC ... Analysts attributed the drop in crude imports and decreasing energy dependency to increasing efforts by domestic energy companies in local ...

Oil and gas operators in North Dakota have indicated they plan to drop rigs and frac crews due to weaker oil prices, a move ...

Oil prices dropped Monday, as the Organization of the Petroleum Exporting Countries and its allies agreed to boost output again in June. OPEC+, a grouping led by Saudi Arabia and Russia, over the ...

Fitch Ratings says lower oil prices could hit some Gulf budgets harder than others In a worse-case scenario where oil prices drop to $45 a barrel, all six GCC countries are likely to run budget ...

Oil prices plunged after the OPEC+ group of oil producers agreed to accelerate production hikes once again. The decision to boost output by 411,000 barrels a day followed another substantial ...

Crude oil stocks, not including the SPR, stood at 440.4 million barrels on April 25, the EIA's latest weekly petroleum status report showed. Image by Mst Khotaja Begum via iStock U.S. commercial ...

Airline shares outperformed on Monday, with several names ranking among the top gainers on the S&P 500, as investors bet on lower fuel costs following a fresh slide in oil prices. The prospect of ...

May 5 (Reuters) - Shares of Australia's Qantas Airways (QAN.AX), opens new tab rose over 5% on Monday to a one-month high, tracking a drop in oil prices after OPEC+ signaled faster output hikes.

Crude oil stocks, not including the SPR, stood at 438.4 million barrels on May 2, the U.S. Energy Information Administration's latest weekly petroleum status report showed. Image by hachiware via ...